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Daily Archives: April 19, 2019

Homebuyers voting rights need clarity – The Hindu

LiquidationBy Insolvency GuardianApril 19, 2019

A bench of the National Company Law Tribunal (NCLT) New Delhi, has ordered notices to the Union government and Chairman, Insolvency and Bankruptcy Board of India (IBBI), seeking their views on the the issue of voting rights of homebuyers and financial creditors of Jaypee Infratech Limited. The case relates to a deadlock over resolutions to…

UK Gamblers Can no Longer use Credit Cards per UK Gambling Commission – Tunf.com News

GamblingBy Insolvency GuardianApril 19, 2019

Put away those credit cards, gamblers in the UK. The government through the UK Gambling Commission is going to shut down their use.The thinking behind the decision is that consumers should limit their wagers to their current available funds. Jeremy Wright, attorney general for England and Wales is in agreement…

YotaPhone declared bankrupt by the Court – gizmochina

BankruptcyBy Insolvency GuardianApril 19, 2019

Yota a dual display smartphone manufacturer, goes bankrupt declared the Cayman Islands Supreme Court in a recent ruling. According to the local newspaper, Cayman Islands Gazette, Yota requested for liquidation per local laws a few days ago. The court appointed FTI Consulting employees David Griffin and Joshua James Taylor as the Joint Official Liquidators of…

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