This story was produced by The Hechinger Report, a nonprofit, nonpartisan news outlet focused on education. After a five-year pause, the Trump administration is bringing back financial penalties for the many millions of borrowers who are too far behind on their student loan payments. It’s led to confusion and financial uncertainty. At least 5 million…
Having a portion of your debt forgiven can offer big relief from your high-rate card balances — but it may not always be the debt relief strategy to pursue. Boy_Anupong/Getty Images Inflation might be easing and the job market may seem steady, but for many Americans, their financial footing feels anything but stable. According to…
Doha – Hassan Abkari, former Director General of Tanger Med Port Authority (TMPA), has liquidated the Spanish company that led to his dismissal. Following the revelation of his business activities in Valencia, Abkari has dissolved New Port Consulting 2024, the firm he established in one of Tanger Med’s competitor port cities. According to Economia Digital,…
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NCLAT overrules NCLT’s liquidation order for Prabhat Technologies, citing natural justice violations in the case | Image Source: Wikipedia (Representative) Mumbai: The National Company Law Appellate Tribunal (NCLAT) has set aside an order of the Mumbai bench of the National Company Law Tribunal (NCLT) that had directed liquidation of Prabhat Technologies (India) Ltd. The appellate…
NCLT’s move reportedly came after a request was filed by Solicitor General Tushar Mehta, seeking restraint from issuing any directives. Mehta, who is representing the union government and other stakeholders, requested the NLCT bench to permit the former BPSL promoter to first identify and implead all necessary parties before the hearing is formally started. He…
NEW DELHI: The National Company Law Appellate Tribunal (NCLAT) has dismissed an insolvency petition against PepsiCo India Holdings after observing that provisions of IBC cannot be turned into a debt-recovery proceeding.The appellate insolvency tribunal has upheld the earlier order passed by the Chandigarh bench of the National Company Law Tribunal (NCLT), which had rejected SNJ…
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Bradley Wiggins revealed his son Ben’s fears he would be found dead in the morning as the British cycling legend opened up about his addiction to cocaine. The Tour de France champion and five-time Olympic gold medallist revealed earlier this year that he had struggled with a drug addiction following his retirement from the sport in 2016.…