Youth and sports minister Hannah Yeoh said the main cause of bankruptcy among the youth in 2024 was personal loans. KUALA LUMPUR: A total of 5,272 youth below the age of 34 have been declared bankrupt from 2020 to this year, according to youth and sports minister Hannah Yeoh. She said that of the total,…
Gary Glitter bankrupt after failing to pay victim damages AOL.com Read the original article here
The NCLAT found no error in the NCLT’s decision, affirming the validity of the CoC’s commercial wisdom and the necessary procedural steps for liquidation The Delhi Bench of National Company Law Appellate Tribunal(NCLAT)upheld the National Company Law Tribunal(NCLT)’s decision to approve liquidation for Sintex Plastics Technologies Ltd. following the Committee of Creditors (CoC) abstaining from…
“The expected slowdown in economic growth from the widespread US tariff regime will, unfortunately but inevitably, result in higher insolvencies. After a tough couple of years managing higher inflation, interest rate increases, and lower demand, I certainly hope Australia businesses are spared the worst of it,” he said. Read the original article here
New Delhi: The National Company Law Appellate Tribunal (NCLAT) has dismissed a plea by Riju Raveendran, suspended director of bankrupt edtech firm Byju’s, to prevent its creditors from deciding on a ₹158 crore settlement with India’s cricket board. The decision by the NCLAT’s Chennai bench on Thursday deals a significant blow to both Riju and…
Jaiprakash Associates Limited (JAL), the debt-laden infrastructure giant of the Jaypee Group, has moved closer to resolving its financial woes as 25 entities, including Adani Enterprises, Dalmia Cement, Vedanta Limited, and its subsidiary Jaypee Infratech Limited, have been shortlisted as eligible bidders in its Corporate Insolvency Resolution Process (CIRP), according to a regulatory filing dated…
A WOMAN who was struggling under a mountain of debt has revealed how she is paying it off with a frugal jean hack. Brooke Eichenbaum, 29, was shocked when she saw how much student loan she had to pay off when she graduated from university with a physical therapy degree three years ago. 6 Brooke…
The Liberal Party of Canada is promising nearly $130 billion in new measures over the next four years that, when combined with existing spending, will add $225 billion to the federal debt. In the fall economic statement, the Liberal government of former prime minister Justin Trudeau projected the deficit over the next four years to be…
What happens now that Rex has entered voluntary administration? The Daily Aus Read the original article here
With many prospective MBA students being successful in seeking varying forms of employer support in achieving their academic goals, the key question is: how can you become one of them? Before making a pitch to your employer, you first need to ascertain who the key decision-makers are within your organisation. Who are the mentors who…