Suspended directors of the bankrupt edtech firm Byju’s have approached the National Company Law Appellate Tribunal (NCLAT), challenging a Bengaluru insolvency court’s decision to reinstate its lenders as financial creditors while failing to rule on its ₹158 crore settlement with the Board of Control for Cricket in India (BCCI). The petition, filed by suspended director…
NCLT Orders Disciplinary Proceedings Against Resolution Professional Of BYJU’s, Says He Acted With… Live Law – Indian Legal News Read the original article here
Mediation can play a crucial role in improving the efficiency of insolvency proceedings, resolving disputes among multiple creditors, and fostering consensus among diverse stakeholders. It can help reduce delays and costs, thereby increasing the likelihood of successful restructuring for businesses and delivering better returns to creditors. This is particularly important during the “pre-commencement” stage, where…
Please note that by blocking any or all cookies you may not have access to certain features, content or personalization. For more information see our Cookie Policy. To enable cookies, follow the instructions for your browser below. Facebook App: Open links in External Browser There is a specific issue with the Facebook in-app browser intermittently…
Westpac NZ is supporting customers to pay off their debt faster with a special personal loan debt consolidation rate of 11.95%, as new research shows many households expect to face ongoing cost pressures in 2025. A survey of 1,093 Westpac customers found nearly 30% said holiday spending would probably or definitely cause financial stress in…
As financial year-end looms, pressuring business owners to ensure their financial records are up-to-date and compliant, PJ Veldhuizen of Gillan & Veldhuizen Inc warns them to avoid this seemingly harmless hazard. Image: supplied A common pitfall for many business owners is running personal expenses through the company and incorrectly claiming deductions. This practice not only…
Dear Dave, My mom is 76, and the only debt she has is about $60,000 left on her mortgage. She has $600,000 in retirement accounts, plus a long-term care insurance policy. But she has just $25,000 in a money market account with check-writing privileges for everyday bills and purchases. To be honest, this worries me.…
Why the company account is not your personal piggy bank – and your personal expenses are not tax deductible MSN Read the original article here
Blackstone reportedly pondering The Star acquisition upon voluntary administration Asia Gaming Brief Read the original article here
We offer solutions that not only help our clients save money but also empower them to regain control of their finances Post this A Growing Financial Crisis The reality is stark: A CNBC survey found that 58% of Americans live paycheck to paycheck, highlighting increasing dependence on credit cards for daily expenses. Even those earning…