The tribunal noted that even in cases where the corporate debtor is not facing insolvency or liquidation proceedings before the NCLT, an application under section 95 may be made against the personal guarantor The National Company Law Appellate Tribunal ( NCLAT ) bench in New Delhi has ruled that, even in cases where the National…
19 Heartbreakingly Honest Confessions From A Woman Who Found Out Her Husband Gambled $500K Away BuzzFeed Read the original article here
CreditorWatch chief economist Ivan Colhoun said businesses were facing the same cost pressures as consumers, including higher electricity, insurance and rental costs. “Together with some greater caution in discretionary spending and softness in interest-rate-sensitive sectors of the economy, this unsurprisingly has led to higher voluntary business closures and some rise in insolvencies,” he said. Loading…
P&O Cruises Australia possibly facing class action suit over predatory behavior at on-board casinos Asia Gaming Brief Read the original article here
High-Profile SCOTUS Attorney Accused Of Using Firm’s Money To Pay Gambling Debt MSN Read the original article here
The owner of the beauty brand Avon in the UK, Europe and Latin America has filed for bankruptcy as it tries to off-load more than $1bn of debt, including millions of dollars in liabilities linked to lawsuits alleging that talc in its products caused cancer. Avon Products Inc (API), a subsidiary of Brazil’s Natura which…
1. SWAMIH Fund Enables Completion of 50,000 Stalled Homes Date: January 25, 2025 The SWAMIH Investment Fund I has emerged as a transformative initiative in India’s real estate sector, delivering over 50,000 homes to buyers by providing last-mile funding to stalled housing projects. This government-backed fund aims to revive delayed projects and boost buyer confidence…
Case: Civil Appeal Nos. 8129-8130 of 2019 — Ghanashyam Mishra & Sons Private Limited vs Edelweiss Asset reconstruction Company Court: Supreme Court of India Key Facts of the Case: Background: Corporate Insolvency resolution process was started against Orissa Manganese & Minerals Limited under the Insolvency and Bankruptcy Code (IBC), 2016. Ghanashyam Mishra & Sons Private…
KUALA LUMPUR, Jan 25 — Electricity provider Tenaga Nasional Berhad (TNB) said today it will contact Petaling Jaya MP Lee Chean Chung to find the best solution for several landlords who were saddled with a massive RM8.5 million debt from illegal Bitcoin mining by their tenants. It added that the public can contact directly at…
If you’re enrolled in the Public Service Loan Forgiveness program and were due to receive debt relief last year or expected to hit the 120-payment mark this year, a new program can help you apply for debt relief during the SAVE payment pause. PSLF offers student loan forgiveness to teachers, nurses and other public service workers who have…