NCLT Admits Aviom India Housing Finance Into Insolvency On RBI’s Petition – BW Legal World
NCLT Admits Aviom India Housing Finance Into Insolvency On RBI’s Petition BW Legal World Read the original article here
‘Difficult decision’: Premium spa business sinks with $1.7m shortfall – The Press
‘Difficult decision’: Premium spa business sinks with $1.7m shortfall The Press Read the original article here
The municipal debt relief scheme is failing – and Eskom's debt collectors are circling – News24
The municipal debt relief scheme is failing – and Eskom’s debt collectors are circling News24 Read the original article here
NCLT admits Aviom India Housing to insolvency resolution on RBI’s plea
On January 30, the RBI filed an application before the NCLT in New Delhi to initiate the CIRP under Section 227 and clause (zk) of sub-section (2) of Section 239 of the Insolvency and Bankruptcy Code (IBC) and the Insolvency and Bankruptcy (Insolvency and Liquidation Proceedings of Financial Service Providers and Application to Adjudicating Authority)…
‘Sovereign citizens’ leaders charged up to €750 for debt help – in-cyprus
‘Sovereign citizens’ leaders charged up to €750 for debt help in-cyprus Read the original article here
«Tesla among the trucks» worth $27 billion went bankrupt
Nikola has officially filed for bankruptcy and plans to sell off its assets. This is another victim of the unstable electric vehicle market, where startups face low demand, financial difficulties, and rapid spending. Nikola has had a difficult journey, including numerous management changes, a falling stock price, and accusations from stock market… Read the original…
NCLT admits Aviom India Housing Finance into bankruptcy on RBI’s plea
The Delhi insolvency court on Thursday admitted Aviom India Housing Finance Pvt. Ltd into bankruptcy and liquidation proceedings following a plea by the Reserve Bank of India (RBI). RBI had moved the National Company Law Tribunal (NCLT) under the Financial Service Providers (FSP) Insolvency Rules, 2019, leading to an interim moratorium that restricts legal proceedings,…
Carolina Wealth Advisors share smart ways to tackle debt
MYRTLE BEACH, SC (WMBF) -It’s Wealth Wednesday, and we’re talking all things debt with Carolina Wealth Advisors! They’re breaking down the difference between good debt (the kind that helps you) and bad debt (the kind that holds you back). Plus, they’ve got tips on paying it down while still saving money. Don’t miss these expert…
One of South Africa’s biggest companies technically insolvent – BusinessTech
One of South Africa’s biggest companies technically insolvent BusinessTech Read the original article here
APRA begins consulting on changes to HELP debt for loans policy
Changes are coming into motion after the recent announcement that the government will be looking into lending regulations to allow Aussies with HELP debt to take out home loans. Treasurer Jim Chalmers announced the update to HELP debt guidance on 13 February, noting that ASIC and APRA will be updating lending rules to allow for…