The Cabinet on Wednesday gave approval to amend the Insolvency and Bankruptcy Code (IBC) to prevent wilful defaulters from bidding for stressed assets, two TV channels reported citing unnamed sources. The IBC is one of Prime Minister Narendra Modi’s biggest reforms. Some owners are reported to be getting ready to stake a claim for these…
UN body wants debt relief for hurricane-ravaged Caribbean countries Wednesday, November 22, 2017 ‘); } else { $(“.fotorama-caption”).addClass(“remove_caption”); } }) .fotorama(); UNITED NATIONS (CMC) The United Nations’ Economic Commission for Latin America and the Caribbean (ECLAC) Monday presented its debt for climate adaptation swaps proposal for Caribbean countries ravaged by recent hurricanes. ECLAC outlined the…
Related Story: Victorian woman faces court over alleged $4.3 million fraud A woman has been sentenced to five years jail for stealing hundreds of thousands of dollars while working as a law clerk on Phillip Island, south-east of Melbourne. Cheryle Margaret Rowe, 63, stole $666,000 from clients of the solicitors firm…