‘Loan shark debts of world’s poorest countries must be written off’, South Ribble campaigners say Lancashire Evening Post Read the original article here
Australian industry association Meetings and Events Australia (MEA) has announced it will be entering Voluntary Administration after 50 years of service. The country’s longest-standing industry body for the events sector announced it will cease operations, and an administrator has been appointed. The announcement comes in the MEA’s 50th anniversary year. The MEA National Conference, due…
79680 Meetings and Events Australia (MEA), the country’s longest-standing industry body for the events sector, will be entering voluntary administration after 50 years of service to the events industry. MEA will cease operations and appoint an administrator with MEA noting that rising operating costs and declining financial backing had made it unsustainable. These challenges were…
IBLJ showcases 50 of the most interesting and significant deals from 2024, and reveals the lawyers and law firms that guided them India witnessed a dynamic year of deal-making in 2024, driven by a booming IPO market and swift transactions. The Economic Survey 2024-25, produced by the Ministry of Finance, has highlighted steady manufacturing growth,…
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The National Company Law Tribunal (NCLT), Mumbai bench comprising K.R. Saji Kumar (Judicial Member) and Anil Raj Chellan (Technical Member) has dismissed the withdrawal application filed under Section 12A of the Insolvency and Bankruptcy Code (IBC/Code) in the insolvency proceedings of Syska LED Lights Pvt. Ltd (Corporate Debtor). The Tribunal held that once a Corporate…
Bank of India has classified its Rs. 616.30 crore exposure to debt-ridden Rolta India Ltd as fraud, according to a regulatory filing submitted under SEBI (LODR) Regulations, 2015. The disclosure comes while the company undergoes the Corporate Insolvency Resolution Process (CIRP) under India’s bankruptcy law. Rolta India’s Insolvency Status The National Company Law Tribunal (NCLT),…
Enniskillen CAP Debt Centre Manager, Jonathan Hayward, revealed some of the circumstances that can lead people to seek their help. He said: “Some may think people just get into debt because of overspending on luxuries, but that really isn’t the reality for the people we’re helping at CAP. “This view from some people in society…