Agribusinesses and farmer creditors left out of pocket after the crash of failed Chinese-owned cotton marketer Weilin Trade have been paid 20 cents for every dollar they were owed. Weilin’s administrators suggest there is a chance a further small dividend of maybe one cent more could follow after the receivership process winds up. However, its…
If you’re sitting on debt from 2020, here’s one cost-effective way to tackle it. Maybe the coronavirus pandemic inspired extra generosity during the holidays, so you went a little overboard with gifts. Or maybe you made last-minute travel plans that caused you to pay more for your flight than what your paycheck could cover. A…
HYDERABAD: Upholding the claims of a Vietnamese prawn feed supplier company that moved the National Company Law Tribunal (NCLT) against a Bhimavaram based shrimp farming firm, the Hyderabad bench of NCLT initiated the corporate insolvency process against the shrimp firm for failing to clear the dues it owed to the Vietnamese firm.The bench of K…