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Regulator cracks down on poor practices as £5.6 million in payouts and £13 million in debt write-offs announced Thousands of UK households will receive compensation or have their energy debts wiped after an Ofgem investigation revealed widespread failings in how energy suppliers forced customers onto prepayment meters (PPMs). The announcement follows a year-long review by…
PNN New Delhi [India], May 28: Debt Relief India, one of India’s most trusted debt settlement companies, is expanding its services nationwide, reaching debtors in every corner of India to provide dignity and respect in their journey towards financial freedom. Show Full Article In a country where over 68% of borrowers are struggling with debt-related…
This June could be a smart time to consolidate your credit card debt with a personal loan. Getty Images There are multiple ways to roll your credit card balances into one monthly payment. Whether it’s via a debt consolidation loan secured independently, a debt consolidation program with a debt relief company, or a debt management…
= 1023) { if(window.pageYOffset = 190) { atTop = true; } }” :class=”{ ”: !atTop, ‘fixed-top’: atTop }”> May 28, 2025 Back to top © 2025 Business Post Part of the Download Business Post app … Read the original article here
NEW DELHI: The bankruptcy regulator has amended the framework for reporting the corporate insolvency resolution process (CIRP) to ease compliance burden without undermining effective oversight, according to a circular. Under the revised reporting framework, the existing nine forms will be compressed into five by removing duplication, streamlining data requirements and leveraging technology for auto-population of…
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More trouble for Keroche as ex-MD files for liquidation in Sh75m exit payout dispute Business Daily Read the original article here
Husband-and-wife directors of singing waiters firm banned – continued to take payments when company was insolvent Insider Media Ltd Read the original article here
The Mumbai Bench of the National Company Law Tribunal (NCLT) has approved Rs 502-crore resolution plan submitted by Evonith Holdings Pvt. Ltd. for Topworth Urja & Metals Limited, marking a significant step in the corporate insolvency resolution process (CIRP) of the company. The order, pronounced on May 26, 2025, by a bench of Member (Judicial)…