Simplify individual insolvency resolution: IBBI must focus on building capacities of insolvency professionals – Financial Express

The legislature might come up with a new structure by adding more DRT benches and revisiting provisions relating to individual insolvency. Although liquidation and bankruptcy seem to be similar words, bankruptcy of a company is not the same thing as winding up. Indian laws do not define bankruptcy. The Companies Act, 1956, contained provisions for…

8 in 10 Employees Live Paycheck to Paycheck — How You Can Help Them Break the Cycle – Entrepreneur

Financial struggles for employees also create problems for employers. Counting down to payday is a stressful, but all too common practice. Unfortunately, an August 2017 CareerBuilder survey found that the vast majority (78 percent) of the 3,462 full-time U.S. workers polled said they live paycheck to paycheck. Related: Help With Student Loans Is the ‘Hot’ New…

Chantelle Connelly declared bankrupt after quitting Geordie Shore and being convicted of punching a woman in … – The Sun

EX-Geordie Shore star Chantelle Connelly has been declared bankrupt. Her financial troubles follow her GBH conviction for punching a woman in a brawl in Newcastle. BackGrid Chantelle Connelly poses in Marbella as it’s revealed she is bankrupt Official papers show the 28-year-old, who is this week sunning herself in Marbella with friends, asked to make herself…