Why AfDB warns Zimbabwe’s new law stands in way of debt relief – The EastAfrican
Why AfDB warns Zimbabwe’s new law stands in way of debt relief The EastAfrican Read the original article here
Petition U/S 9 Of IBC Cannot Be Entertained Based On Fabricated Invoices Created To Pursue Revenge Litigation Against Corporate Debtor: NCLAT
The National Company Law Appellate Tribunal (NCLAT) New Delhi bench of Justice Ashok Bhushan (Judicial Member) and Mr. Arun Baroka (Technical Member) has held that a Section 9 petition under the Insolvency and Bankruptcy Code, 2016 (Code) cannot be admitted when the operational creditor has used its control over the corporate debtor’s affairs to fabricate invoices and…
Cruise ship passengers unwittingly rack up gambling debt – MSN
Cruise ship passengers unwittingly rack up gambling debt MSN Read the original article here
Hudson’s Bay Begins Final Round of Liquidation Sales as Canada’s Oldest Retailer Nears Collapse
A little of the history with a Hudson’s Bay Company display at Mars in the Waterfront District TORONTO / NATIONAL – The historic Hudson’s Bay Company, a 355-year-old icon of Canadian retail, has announced it will begin final liquidation sales at six major locations, marking a critical stage in its court-supervised restructuring and raising fresh…
Climate Action Requires Debt Relief| Countercurrents
WASHINGTON, DC – Today’s global economic turmoil is not just about trade. As G20 finance ministers gather in Washington this week during the annual spring meetings of the International Monetary Fund and World Bank, IMF Managing Director Kristalina Georgieva has warned that growing economic uncertainty and financial market stress pose serious threats to developing countries.…