Issuance Of Certificate By Banks U/S Sec.9 Of I&B Code, 2016, An Extra Impossible Task Thrust Upon Banks – Live Law

The recent order of the National Company Law Tribunal, Mumbai Bench, dated 31.07.2017 in TCP No.409/(MAH)/2017 in the matter titled as Magicrete Buildings Solutions Pvt Ltd vs Pratibha Industries Ltd, will lead banks and financial institutions into an extreme legal necessity which is almost impossible to perform. As per Section 9 of the Insolvency and…

Tipperary debt level: debt resolution practitioner takes issue with Deputy Jackie Cahill’s comments – Tipperary Star (registration)

A debt resolution practitioner has taken issue with comments by Deputy Jackie Cahill on the levels of debt and insolvency in Tipperary and whether or not the county tops the chart. Under figures released by the Insolvency Service of Ireland, Tipperary was named as being seventh in the league for court approved debt resolution notices,…

BN thanks Guan Eng for recognising Putrajaya’s help in Penang debt reduction – The Star Online

Abdul Rahman (left) with Lim. KUALA LUMPUR: Chief Minister Lim Guan Eng has at least acknowledged that Putrajaya helped in reducing the Penang governments debts via a water restructuring and debt-rationalisation exercise in 2011, said Datuk Seri Abdul Rahman Dahlan. I thank Lim for finally acknowledging this in his statement two days ago and setting…