The Ministry of Corporate Affairs (MCA) issued Notification No. F. No. 30/03/2016-Insolvency dated 7 July 2025, appointing Dr. Anju Rathi Rana, Law Secretary, as an ex-officio member of the Insolvency and Bankruptcy Board of India (IBBI). This appointment has been made under Section 189(1)(c) of the Insolvency andBankruptcy Code (IBC), 2016. Dr. Rana will now…
“I remember when I saw that, I got a sick feeling in my stomach,” he said. He said the story jogged his memory about a condition in the contract for senior officers in local government which required their employment to be terminated should they be declared bankrupt. Liverpool Mayor Ned Mannoun in July after Minister…
Video game composer Peter Connelly has been jailed after fraudulently obtaining a second Covid Bounce Back Loan for his company Connelly, known for his work on Tomb Raider, inflated his company’s turnover during the first few months of the pandemic in 2020 Insolvency Service investigations have also resulted in the 52-year-old being banned as a…
Company insolvencies in England and Wales fall Just in: the number of companies in England and Wales falling into insolvency dropped last month. The Insolvency Service has reported that there were 2,043 registered company insolvencies in England and Wales in June, 8% lower than in May 2025 (2,230) and 16% lower than in June 2024,…
The Capital Markets Board (CMB) has released updated lists detailing the status of cryptocurrency platforms operating in the Turkish market, following the June 30 deadline for license applications. This update comes as more companies have been added to the liquidation list, bringing the total number of companies applying for liquidation to 45. Notable among these…
Medical debt, even for people with health insurance, drives thousands of Hoosiers to file bankruptcy each year. Hoping to help people avoid that outcome, a nonprofit is offering Know Your Rights workshops. Medical debt is a top barrier to financial well-being, and the Indiana General Assembly this year decided to convene a summer committee to…
KALAMAZOO, Mich. — More than 7,200 Kalamazoo County residents have had their medical debt relieved. The Kalamazoo County Board of Commissioners invested $100,000 in American Rescue Plan Act (ARPA) funds to partner with Undue Medical Debt, a nonprofit that buys and forgives medical debt. “Medical debt is not only a stressor and a barrier to…
The gates will remain closed for Xamax fans at Neuchâtel’s Maladière stadium Keystone Stricken Swiss football side Neuchâtel Xamax has slipped into near-oblivion, with its Chechen owner arrested just hours after declaring the club bankrupt. This content was published on January 26, 2012 – 20:24 swissinfo.ch and agencies Bulat Chagaev was detained by authorities in…
New Delhi: National Company Law Appellate Tribunal (NCLAT), Friday, stayed the initiation of the corporate insolvency resolution process (CIRP) against Reliance Infrastructure as it was informed that the company had settled the due amount. NCLAT also stayed the National Company Law Tribunal (NCLT) order, which admitted Reliance Infra into insolvency over unpaid debt of around…
Big relief for Anil Ambani! Latest update on insolvency proceedings against Reliance Infrastructure MSN Read the original article here