CVL research report for the Insolvency Service – GOV.UK
CVL research report for the Insolvency Service GOV.UK Read the original article here
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NCLAT declines to confine insolvency against Spaze Towers to one project only
New Delhi, Dec 17 (PTI) Appellate tribunal NCLAT on Tuesday dismissed the plea filed by the former promoters of realty firm Spaze Towers to confine the Corporate Insolvency Resolution Process to only one project — Spaze Arrow. The National Company Law Tribunal (NCLT), on October 21, 2024, directed the initiation of insolvency proceedings against Spaze…
True Value declares bankruptcy and sells itself to a hardware rival
True Value, a 75-year old hardware store brand, has filed for bankruptcy and is selling substantially all of its operations to a rival, the company announced Monday. In a press release, True Value said it will continue day-to-day operations of selling hardware and other homeware tools to its 4,500 independently operated locations during the Chapter…
Sir Bradley Wiggins is declared bankrupt – MSN
Sir Bradley Wiggins is declared bankrupt MSN Read the original article here
NCLAT Rejects Spaze Towers” Plea to Confine Insolvency to One Project: Rediff Moneynews
The NCLAT dismissed Spaze Towers” plea to confine insolvency proceedings to only one project, citing the existence of claims from other projects. The tribunal upheld the NCLT”s decision to initiate insolvency proceedings against Spaze Towers, citing construction delays and… New Delhi, Dec 17 (PTI) Appellate tribunal NCLAT on Tuesday dismissed the plea filed by the…
MicroStrategy Only Goes Bankrupt If This Happens: Expert
In a statement on X, Ki Young Ju, CEO of CryptoQuant, a leading on-chain analytics firm, provided a stark assessment of MicroStrategy’s financial health in relation to its Bitcoin investments. Can MicroStrategy Go Bankrupt? Ju stated, “MicroStrategy only goes bankrupt if an asteroid hits Earth. For 15 years, Bitcoin has never dropped below the cost…
How can developing countries power up public investment?
Sources: International Country Risk Guide (ICRG); WDI Database (World Bank). A. Bars show group medians ICRG’s index of Control of Corruption. The sample includes 36 advanced economies and 97 EMDEs, of which 17 are low-income countries (LICs). B. 2013-23 averages. The quality of transport infrastructure reflects perceptions of the quality of trade and transport-related infrastructure.…
LA County to eliminate $500 million in personal medical debt – NBC Los Angeles
Millions of dollars of medical debt could be erased within the next several months for some residents in LA County thanks to a new program. The county’s medical debt relief pilot program launched late Monday afternoon and began the first step in a battle against $2.9 billion of medical debt plaguing low-income Angelenos across the…
IMF & WB Recommend Key Reforms for Sri Lanka’s Debt Management
COLOMBO (News 1st); A joint mission from the International Monetary Fund and the World Bank has proposed important reforms to improve Sri Lanka’s public debt management. The mission, which visited Colombo in early 2023, identified several gaps in the country’s current system. The recommendations include: The mission recommended introducing a new public debt management law,…