The Debt Relief Bill Poised to Grant Aid to Developing Countries – Borgen Project
The Debt Relief Bill Poised to Grant Aid to Developing Countries Borgen Project Read the original article here
Delayed real estate projects: IBBI’s amended rules to allow homebuyers to take possession during insolvency process
The Insolvency and Bankruptcy Board of India has recently amended the rules governing the corporate insolvency resolution process (CIRP), enabling distressed homebuyers to take possession of their properties while the resolution process is ongoing. The key objective of these amendments, which were notified earlier this month, is to prevent unnecessary and prolonged delays in handing…
Exclusive Supply Agreement Does Not Establish Creditor-Debtor Relationship Under IBC: NCLT
In accordance with Section 9 of the Insolvency and Bankruptcy Code, 2016 (IBC), the National Company Law Tribunal (NCLT), located in Delhi, has ruled that a petitioner cannot start the Corporate Insolvency Resolution Process (CIRP) if the parties’ business arrangement entails profit-sharing and joint participation rather than a simple operational debt. According to the Tribunal,…
Top Northern Ireland security firm calls in its creditors as liquidator due to be appointed – MSN
Top Northern Ireland security firm calls in its creditors as liquidator due to be appointed MSN Read the original article here
Interactions Between Sovereign Debt Management and Monetary Policy Under Fiscal Dominance and Financial Instability – OECD
Interactions Between Sovereign Debt Management and Monetary Policy Under Fiscal Dominance and Financial Instability OECD Read the original article here
What is Trump doing – and not doing – to tackle the US debt? – Reuters
What is Trump doing – and not doing – to tackle the US debt? Reuters Read the original article here
Avoiding debt relief scams – Miami Valley Today
Avoiding debt relief scams Miami Valley Today Read the original article here
Provisional liquidators appointed to Cork medical supplies company
Provisional liquidators have been appointed to a Cork-based medical supplies company that alleges it is owed €1.2m by the HSE. PMD Device Solutions Ltd petitioned the High Court for the appointment on Friday, acknowledging it is “clearly insolvent”, with more than €14.6m in liabilities set against €4.6m in assets. The company, with a registered office…
Arshiya Limited Faces Operational Hurdles Amid Insolvency Process – TipRanks
Arshiya Limited Faces Operational Hurdles Amid Insolvency Process TipRanks Read the original article here
Simbhaoli Sugars Faces Financial Turmoil Amid Insolvency Proceedings – TipRanks
Simbhaoli Sugars Faces Financial Turmoil Amid Insolvency Proceedings TipRanks Read the original article here