Azerbaijan’s debt management strategy sets global example of fiscal health [ANALYSIS]
Azerbaijan’s debt management strategy sets global example of fiscal health [ANALYSIS]
ReFi from Paylink Solutions Becomes Part of Experian to Enhance Debt Support for Millions Stuck in Revolving Debt Trap
Experian has, today, announced that ReFi, a leading debt consolidation technology from Paylink Solutions, will become part of the Experian Consumer Services Marketplace, in a boost for consumers and lenders with debt consolidation and affordability challenges. Research from Experian, compiled for Fair 4 All Finance, reveals that 41 million UK consumers have credit products, with…
Bankruptcy Court admits Oban Fashions under insolvency resolution
The bankruptcy court in Mumbai has admitted Oban Fashions Pvt Ltd, a wholly-owned subsidiary of listed Knitwear brands Rupa & Co Ltd under the Corporate Insolvency Resolution Process (CIRP) in an application filed by its operational creditor Sunrise Knitting Mills Pvt Ltd. The Mumbai bench of the National Company Law Tribunal (NCLT) admitted the company…
NCLAT quashes NCLT’s Rejection of CIRP Proceedings for Admissibility of Debt u/s 9 of IBC
The NCLAT determined that the WhatsApp messages were sufficient evidence to establish the debt and the absence of a legitimate dispute The Chennai Bench of National Company Law Appellate tribunal ( NCLAT ) quashed the National Company Law Tribunal ( NCLT )’s rejection of the admissibility of debt under Section 9 of the Insolvency and…
Aussies scoop up cheap gifts from sports company liquidation – The Daily Advertiser
Aussies scoop up cheap gifts from sports company liquidation The Daily Advertiser Read the original article here
Bankruptcy Court admits Oban Fashions under insolvency resolution
The bankruptcy court in Mumbai has admitted Oban Fashions Pvt Ltd, a wholly-owned subsidiary of listed Knitwear brands Rupa & Co Ltd under the Corporate Insolvency Resolution Process (CIRP) in an application filed by its operational creditor Sunrise Knitting Mills Pvt Ltd. The Mumbai bench of the National Company Law Tribunal (NCLT) admitted the company…
Bankrate expert has advice for about half of credit card users who are in debt
(TNND) — About half of Americans with credit cards are in debt, and about half of those folks have been in debt for over a year, according to a Bankrate survey published Wednesday. And much of that credit card debt is fueled by emergency expenses or simply day-to-day living. “In some respects, we expect credit…
Nuvoco Vistas to Acquire Vadraj Cement Via Insolvency Route
A Memorandum of Understanding (MoU) has been signed between the Department for Promotion of Industry and Internal Trade (DPIIT), Ministry of Commerce & Industry and JK Cement, a leading manufacturer of grey and white Cement, to usher innovation, empower entrepreneurs, and strengthen India’s manufacturing ecosystem. According to DPIIT, this strategic collaboration aims to transform India into…
Former Argosy University students pray for debt relief as Biden departs
With just 11 days left in President Biden’s time in office, students who racked up thousands of dollars in debt at the now-shuttered Argosy University are losing hope that they will ever get relief from their hefty student loan balances. The former Argosy students are among tens of thousands of people in Illinois and across…
Dragons Den winning gin firm falls into liquidation
Alderman’s Drinks Ltd, trading as Didsbury Gin, has appointed Gareth Howarth of Path Business Recovery Ltd as liquidator to wind up the business. Accounts available on Companies House revealed the spirits brand owed £195,924 to creditors, including £126,864 to trade and expense creditors and £36,492 to NatWest Bank as a ‘Bounce Back Loan’. Voluntarily wound…