2024 Romanian Business Environment marked by insolvency rise
2024 Romanian Business Environment marked by insolvency rise Home BUSINESS 2024 Romanian Business Environment: Insolvencies, Suspensions Up Read the original article here
What Woman Does With Big Casino Winnings Instead of Paying Sister Back Sparks Fury
A woman feels she is being taken advantage of by her sister who has just “won big” at a casino and has treated their mother to a brand new $30,000 car. The woman turned to Reddit for outside opinions, revealing that her 35-year-old sister borrowed $5,000 last year during a financial struggle, promising to repay…
Former bidder challenges liquidation of India’s Go First
Busy Bee Airways Pvt Ltd, a company backed by EaseMyTrip co-founder Nishant Pitti and unsuccessful bidder for Go First (Mumbai International), is challenging the January 20 National Company Law Tribunal ruling allowing the liquidation of the low-cost carrier. As reported by CNBCTV 18, Busy Bee’s counsel, Apoorv Aggarwal, argues his client should be allowed to…
Cybersecurity Breaches Are Increasing Business Insolvency Risks
Data breaches and ransomware attacks in the US are increasing companies’ risk of financial losses, in many cases dragging them into bankruptcy or putting them out of business altogether. Data breaches cost companies across the world on average about $4.9 million, and nearly double that amount in the US, according to a 2024 study by…
NCLT Orders Liquidation of Go Airlines (India) Limited
The Tribunal emphasized that the CoC has the authority to decide to liquidate the Corporate Debtor at any point following its formation and prior to the resolution plan’s approval. In accordance with business acumen, it declined to impede the CoC’s decision. The New Delhi Bench of the National Company Law Tribunal (NCLT) has ordered the liquidation…
5 tips to help your student with responsible sports betting and gambling | Health & Wellness Services
Did you know that according to the National Council on Problem Gambling, nearly 67% of all college students bet on sports?* This figure doesn’t even include those who also bet on the lottery, card games, mobile games or casinos. If your student chooses to place bets during football season, here are some tips, strategies and…
50 M’sian Celebrities, Including A Datuk, Are Allegedly Bankrupt But Still Living Lavishly
We’ve all admired celebrities’ glamorous lifestyles, but behind the luxury, some are quietly battling bankruptcy. In an unexpected revelation by the Insolvency Department (MDI), approximately 50 celebrities, including a well-known Datuk singer, are still grappling with bankruptcy despite their image as wealthy individuals. Some of these figures have been unwilling to cooperate in paying the…
Spital tongues thief stole £1.2k handbag after suffering gambling losses – Chronicle Live
Spital tongues thief stole £1.2k handbag after suffering gambling losses Chronicle Live Read the original article here
Family’s ‘torturous’ four years of dealing with pool company – Stuff
Family’s ‘torturous’ four years of dealing with pool company Stuff Read the original article here
NCLAT set aside penalty on lenders for delay in Mudra Denim insolvency process
The National Company Law Appellate Tribunal (NCLAT) has set aside the penalty imposed against lenders of debt-ridden Mudra Denim, saying there was no laxity on their part for delay in insolvency process. The Mumbai bench of the National Company Law Tribunal had, on November 11 last year, while deciding creditors’ plea seeking extension of deadline…