Trump team eyes quick rollback of Biden student debt relief – POLITICO
Trump team eyes quick rollback of Biden student debt relief POLITICO Read the original article here
Pierer Shares Slump as KTM Unit Files for Insolvency in Austria – BNN Bloomberg
(Bloomberg) — Shares of Pierer Mobility AG tumbled after the company said its KTM AG motorbike unit was filing for a self-administered insolvency in Austria. KTM will be unable to cover a “very high three-digit million euro” financing requirement, according to a statement. The company will seek to agree with creditors on a reorganization in…
What do Autumn Budget changes mean for solvent liquidations? – London Business News
Labour’s first major fiscal statement, the Autumn Budget, sent shockwaves across key UK sectors as significant tax changes were announced, changing tax, succession and future planning strategies in place for businesses. Capital Gains Tax changes announced in the Autumn Budget also directly impact limited company directors considering closing a business in the near future. Jonathan…
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Access Denied You don’t have permission to access “http://www.telegraph.co.uk/business/2024/11/23/insolvency-experts-drafted-fight-university-cash-crunch/” on this server. Reference #18.bc1dd017.1732640674.159aa2cc https://errors.edgesuite.net/18.bc1dd017.1732640674.159aa2cc Read the original article here
Popular motorbike brand KTM files for insolvency as it buckles under massive debt – News24
Popular motorbike brand KTM files for insolvency as it buckles under massive debt News24 Read the original article here
SolarZero in liquidation: ‘Feels like a liability on the roof now’
File photo. SolarZero directors say the company explored a range of options for a restructure, but were unable to find a viable solution. Photo: lighthunter/123RF Solar power company SolarZero has been put into liquidation, leaving some customers worried about the contracts they have signed with the company. The company – which offers customers solar power…
Share Application Money Deposited With Corporate Debtor Cannot Be Treated As Financial Debt U/S 5(8) Of IBC: NCLAT
The NCLAT New Delhi bench of Mr. Justice Ashok Bhushan (Chairperson), Mr. Barun Mitra (Technical Member) and Mr. Arun Baroka (Technical Member) has held that share application money deposited with the corporate debtor cannot be treated as financial debt under section 5(8) of the IBC. In this case, share application money was given for the…
Govt working on integrated platform for insolvency ecosystem: Official
New Delhi: The government is working on an integrated platform for the insolvency ecosystem covering key stakeholders that will also help speed up resolution processes. The Insolvency and Bankruptcy Code (IBC), which came into force in 2016, aims to provide market-linked and time-bound resolution of stressed assets. However, there have been delays in the resolution…
Byju’s faces financial probe amid insolvency woes – Tech in Asia
Byju’s faces financial probe amid insolvency woes Tech in Asia Read the original article here
Govt working on integrated platform for insolvency ecosystem: Official
New Delhi: The government is working on an integrated platform for the insolvency ecosystem covering key stakeholders that will also help speed up resolution processes. The Insolvency and Bankruptcy Code (IBC), which came into force in 2016, aims to provide market-linked and time-bound resolution of stressed assets. However, there have been delays in the resolution…