Debt Management and Financial Analysis System (DMFAS) Programme Advisory Group, fourteenth meeting

Debt Help

The DMFAS Programme Advisory Group meeting provides an opportunity for donors, beneficiaries and development partners of the programme to examine its capacity-building activities in debt management and to discuss its future direction. Participation Participation in the DMFAS Programme Advisory Group meeting is reserved for those countries using the debt management software provided through the programme.…

Vt. Treasurer touts medical debt relief plan

Debt Help

BURLINGTON, Vt. (WCAX) – Happening on Thursday, Vermont’s Treasurer is announcing a plan to get rid of your medical debt. Treasurer Mike Pieciak wants to help low and moderate-income Vermonters – and the plan wouldn’t require any new spending. It would eliminate $100 million in medical debt with a million-dollar investment. He’ll be joined by…

IBBI reports decrease in liquidations and increase in resolutions under Insolvency and Bankruptcy Code, ET LegalWorld

Liquidation

In the quarterly newsletter report, the Insolvency Bankruptcy Board of India (IBBI) has observed a consistent upward trend in resolutions and a significant downward shift in the number of liquidations, starting from 2020-21. “Over the years, more and more companies are being resolved under IBC and the number of liquidations is going down,” the report…

CCI okays JSW Energy’s proposal to acquire KSK Mahanadi Power Company, ET EnergyWorld

Bankruptcy

The Competition Commission of India on Tuesday cleared JSW Energy‘s proposal to acquire KSK Mahanadi Power Company. “The proposed transaction involves the acquisition of 100% shareholding in KMPCL (which is currently undergoing CIRP initiated under the Insolvency and Bankruptcy Code, 2016), by JSWEL (through JSW Thermal),” the regulator said in a release. JSW Energy Ltd…