On the receiving end of the ruling was JSW Steel Ltd. The company, among India’s largest steelmakers, acquired BPSL through a winning ₹19,000 crore bid in 2021, injected capital, integrated operations, and gained control of its assets, but now finds its plans quashed. A Supreme Court bench led by Justices Bela Trivedi and Satish Sharma effectively…
The Supreme Court on Friday held JSW Steel Ltd’s acquisition of Bhushan Power & Steel Ltd as illegal and ordered the liquidation of the beleaguered steelmaker. In an order, the apex court ordered that the resolution plan submitted by JSW Steel in 2019 be rejected. JSW Steel had won the bid to acquire Bhushan Power…
CNN — A Singaporean man has been ordered to repay more than 38 million Australian dollars ($25.7 million) after he lost big during a gambling spree at an Australian casino over the span of a few days. Queensland’s Supreme Court ruled Monday that Yew Choy Wong owed that amount to the Star Gold Coast, as…
Though gambling exists in every state, even Hawaii and Utah, where gambling is prohibited by law, not all gambling is the same. For some, gambling is more than a hobby, it is an addiction, and the problem is much bigger in some states than others. “Recreational” or “social” gamblers buy the occasional lottery ticket, take…
Pop-up events aim to boost benefit take-up and provide vital debt support to help the public deal with rising costs. Renfrewshire Council is supporting residents through a series of pop-up advice events across the area. The Advice Works team will be visiting libraries and community centres throughout May and early June to offer free, confidential…
The Ministry of Manpower noted that 60 textile companies may soon go bankrupt after being severely hit by financial problems since 2023 and due to the issuance of import regulations. Immanuel Ebenezer, Deputy Minister of Manpower, accused the issuance of the Minister of Trade Regulation (Permendag) No. 8/2024 as the main cause of the collapse…
My husband and I, who are retired, have accumulated about $7,000 in credit card debt over the past few years and need some help paying it off. What can you tell us? I’m sorry to hear about your financial woes but know that you’re not alone. Credit card debt has become a big problem in…
Bankrupt landlord received £25,000 Covid loan despite pub closing six months before pandemic AOL.com Read the original article here
Summary Duncan Ferguson was declared bankrupt in 2016. The former Everton and Newcastle United striker earned £30,000 p/w during his peak. Ferguson spoke openly about the heartbreaking ordeals he went through after being declared bankrupt. There are very few men in Premier League history as infamous as Scottish target man Duncan Ferguson. The former Newcastle…
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