Prosecutors have asked why NBU does not recognize bankruptcy Misto Bank – The Koz Times

The national anti-corruption Bureau of Ukraine (NABU) and Specialized anti-corruption Prosecutors office (SAP) began the investigation of the case against officials of the NBU, which are not declared insolvent Misto Bank of peoples Deputy Ivan Fursin. As reported Finbalance, SAP on the basis of a complaint by the company Kahovka Prom-agro has made the information…

FTC Settles With Two Student Loan Debt Relief Companies Over Illegal Upfront Fees and False Promises – insideARM.com

In October 2017, the Federal Trade Commission (FTC) and several states launchedOperation Game of Loansto help fight deceptive student loan debt relief scams. Stemming from this program, the FTC settled with Student Debt Doctor (SDD) and American Student Loan Consolidators (ASLC), two Florida-based student loan debt relief companies, over collecting illegal upfront fees and falsely…

NCLT extends deadline for Viceroy Hotels insolvency resolution process – BusinessLine

In a move that could potentially enable in finding a suitor under the corporate insolvency resolution process (CIRP), the National Company Law Tribunal-Hyderabad has extended the deadline to evaluate some plans. The Hyderabad-based hospitality chain Viceroy Hotels Limited may perhaps find a suitor, with the NCLT extending the deadline for resolving the case. The Judicial…

Buzzy startup Blippar was said to be valued at $1 billion and held talks to sell to Snap. It is now on the brink of death. – Business Insider Australia

Augmented reality firm Blippar, one of the UKs best-funded startups, is close to collapse. According to The Sunday Times, its chairman has written to shareholders warning of a dispute between two investors. Malaysian sovereign wealth fund Khazanah has reportedly blocked property tycoon Nick Candy from injecting further funding into Blippar. There have been months of…

Plea in SC seeks modification of order remanding Jaypee insolvency case to NCLT – Livemint

The matter, which involved Jaypees Noida-based township project, was brought before a bench headed by Justice Madan B. Lokur who said that it would come up for hearing before an appropriate bench. New Delhi: Chitra Sharma, a homebuyer, moved the Supreme Court on Monday against an order of the registrar declining to entertain an application…

Viceroy Hotels Ltd. – Corporate Insolvency Resolution Process (CIRP)-Updates – Corporate Insolvency Resolution Process (CIRP) – The Hindu BusinessLine

Sub: Extension of Corporate Insolvency Resolution Process (`CIRP) for further period of 45 days. Ref: Disclosure under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements), Regulations, 2015 – Reg. With reference to the above cited subject, I would like to inform that the Honorable National Company Law Tribunal, Hyderabad Bench (NCLT) vide its Order…