South Lakes Citizens Advice is acharity that is there with advice and support for everyone. Citizens Advice sees more people dealing with many different types of problems and challenges in their lives than any other organisation. At worst some of the difficulties people experience can be ruinous to their lives and relationships, resulting in, for…
Jan 02, 2019 , 7:52AM RBI offers relief to MSMEs; allows restructuring of debt up to Rs 25 crore RBI Logo Reserve Bank has allowed a one-time restructuring of existing debt of up to 25 crore rupees for the companies which have defaulted on payment but the loans given to…
Photo: Aniruddha Chowdhury/Mint The Insolvency and Bankruptcy Code (IBC) was introduced by the Narendra Modi government in December 2016 to expeditiously resolve claims involving insolvent companies in a bid to tackle the bad loan problem plaguing Indias banking system. Two years on, even as it continues to evolve, the legal reform has emerged largely successful.…
Around 20 Scottish businesses are set to fail each week in 2019, an industry expert has predicted, after corporate insolvencies were found to have risen dramatically in the past year. Continued uncertainty surrounding Brexit, an increase in competition and a squeeze on pricess in many sectors are all key factors, according to accountancy and business…
Euisun Chung speaks at the introduction of the 2017 Hyundai Genesis G90 at the North American International Auto Show in Detroit, Michigan on Jan. 11, 2016. Rebecca Cook/Reuters The heir apparent of Hyundai Motor Group said on Wednesday he will complete a restructuring in 2019 as he moves to formally take over from his father…
FSA Group Ltd (ASX:FSA) insider Deborah Southon bought 100,000 shares of the companys stock in a transaction that occurred on Thursday, November 29th. The stock was acquired at an average price of A$1.07 ($0.76) per share, with a total value of A$106,500.00 ($75,531.91). Shares of FSA Group stock traded down A$0.05 ($0.04) on Tuesday, reaching…
Out-of-pocket Bestjet customers are demanding answers at a creditors meeting in Brisbane today including why the husband of the companys former boss is first in line to be paid off. It comes as the corporate watchdog revealed it is closely monitoring the administration of the failed online travel agency. Creditors will meet at 12pm (local…