In a significant judgement addressing the limitation framework under the Insolvency and Bankruptcy Code, 2016, the National Company Law Appellate Tribunal (NCLAT), New Delhi Bench, upheld the…

Liquidation

In a significant judgement addressing the limitation framework under the Insolvency and Bankruptcy Code, 2016, the National Company Law Appellate Tribunal (NCLAT), New Delhi Bench, upheld the initiation of Corporate Insolvency Resolution Process (CIRP) against Extol Industries Ltd. under Section 7 of the IBC. The Ld. Tribunal clarified that when a financial liability is repeatedly…

Financial Analysis Report | Education

Bankruptcy

Introduction The major emphasis of this financial analysis report will be to determine whether ABC Office Solutions should move from a partnership firm into Limited by Guarantee Company followed with an investment appraisal of a manufacturing facility and aspects relating equity finance. Calculations and recommendations are offered to help strategic decisions in the dynamic business…

NBA Player Malik Beasley’s Mounting Debt To Barber, Dentist & Sports Agency Revealed As He’s The Subject Of Federal Gambling Investigation

Debt Help

NBA Player Malik Beasley’s Mounting Debt To Barber, Dentist & Sports Agency Revealed As He’s The Subject Of Federal Gambling Investigation Court documents reveal that Malik Beasley owes tens and thousands of dollars to a celebrity barber, dentist and his former sports agency. He was first sued by Cairo Cuts, based in Milwaukee when he…

COSATU presented its submission on the Appropriation and Eskom Debt Relief Amendment Bills to Parliament – COSATU

Debt Help

The Congress of South African Trade Unions (COSATU) presented its submission on the 2025/6 Budget’s Appropriation (allocations to national government) and Eskom Debt Relief Amendment Bills to Parliament’s Standing Committee: Appropriations.  The Federation welcomes the positive increase in funding for critical and economic infrastructure, with an additional R34 billion bringing total infrastructure investments over the next…