Viceroy Hotels Ltd. – Corporate Insolvency Resolution Process (CIRP)-Outcome of meeting of Committee of Creditors – The Hindu BusinessLine

Outcome of 14th Committee of Creditors Meeting Ref: Disclosure under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements), Regulations, 2015 – Reg. With reference to the subject cited above, I would like to bring to your kind notice that the 14th Meeting of the Committee of Creditors (COC) of the Company held on Monday,…

Reality bites: Gloomy 2019 for over-indebted consumers struggling to make ends meet – Fin24

Overspending over Black Friday, Cyber Monday and the Christmas holidays will have “severely negative consequences” for overly indebted consumers, a debt counselling expert has said. Acknowledging the brief relief brought from the decrease in fuel prices in December and now January, CEO of Debt Rescue Neil Roets also pointed out that consumers are not yet…

Turkish companies seek bankruptcy protection as slowdown bites – Financial Times

Turkey is facing a mounting number of applications for bankruptcy protection as a slump in economic growth takes its toll on business. Requests forkonkordato, a court-sanctioned agreement that allows struggling companies to try and avoid full bankruptcy by restructuring their debt payments in a bid to avoid full bankruptcy, have soared in recent months. The…