The Financial Conduct Authority (FCA) has found that one in ten people have no cash savings at all, and another 21% have less than £1,000 to draw on in an emergency, as it reports its Financial Lives survey today. The regulator’s research also shows that one in four people in the UK have low financial…
LOS ANGELES (KABC) — More than 134,000 Los Angeles County residents will soon get an envelope in the mail with the words “medical debt” on it. But, the envelope carries good news of much needed relief. Los Angeles County Supervisors posed a question: What if instead of collection agencies, the county purchased medical debt? “And…
The Dutch right-wing cabinet is cutting spending on tackling problematic debt from 2029, meaning a number of projects aimed at helping people regain control of their finances will have to stop, broadcaster Nu.nl reported on Friday. News of the cuts comes as junior social affairs minister Jurgen Nobel launched a campaign to warn young people…
eThekwini Municipality Launches 50% Water Debt Relief, But Critics Call It a Temporary Fix MSN Read the original article here
Image from page 185 of “Thackerayana;” (1875) Posted By: The Corner 16th May 2025 According to the monitoring of insolvency proceedings published in the Official State Gazette (BOE) carried out by Iberinform, the business fabric registered a year-on-year decrease of -3.5% in business insolvencies in April. For the year as a whole, they accumulate an…
IREDA shares in focus after filing insolvency plea against Gensol Engineering over Rs 510 crore default MSN Read the original article here
Troubled builder Inspired sent to liquidation The West Australian Read the original article here
Gensol Engineering has been in the spotlight since April, when SEBI barred the company’s promoters from the securities market for alleged fund diversions and corporate governance lapses. Photo: X/@GensolGroup State-run Indian Renewable Energy Development Agency Ltd. (IREDA) on Friday (May 16, 2025) moved an insolvency petition against Gensol Engineering Ltd before the National Company Law Tribunal…
New Delhi: The Ahmedabad bench of the National Company Law Tribunal (NCLT) on Friday issued a notice on a ₹510 crore insolvency plea filed by the Indian Renewable Energy Development Agency Ltd (Ireda). The bench, comprising judicial member Shammi Khan and technical member Sanjeev Kumar Sharma, declined Ireda’s request to appoint an interim resolution professional…
This week’s TGIF considers a recent decision concerning the voluntary administration of a Christian school, where the Court gave advice regarding an urgent funding package and questions arising in relation to the Committee of Inspection. In Marsden, in the matter of Brindabella Christian Education Limited (administrators appointed) [2025] FCA 456, Derrington J gave judicial advice…