Case Title: Bhadra International India Pvt. Ltd. & Ors. v. Punjab national Bank & Ors. Citation: 2025 LiveLaw (Del) 823 The Delhi High Court has dismissed a petition while upholding that if a borrower has already approached the Debt Recovery Tribunal (DRT) under the SARFAESI Act, for a one-time settlement, a writ seeking the same…
World Bank commends Vietnam’s public debt management performance Vietnam+ (VietnamPlus) Read the original article here
The National Company Law Tribunal (NCLT), New Delhi Bench, has dismissed an application for the dissolution of Shakti Bhog Snacks Limited (the Corporate Debtor) under Section 54 of the Insolvency and Bankruptcy Code, 2016 (IBC). The application was filed by Umesh Gupta, the Resolution Professional (RP) for Shakti Bhog Snacks Limited. The tribunal in its…
Labor has introduced legislation to parliament to wipe 20 per cent off everyone’s HECS debts. (Source: Getty) The federal government has introduced legislation to parliament to wipe 20 per cent off the value of the country’s collective student loan debt. It was one of Labor’s big election promises, and the party is finally making good…
Latest figures revealed by the Insolvency Service show that £57.5 million has been returned to the UK economy in the past year, and over 69,000 people have been supported through emergency redundancy payments. The Annual Report and Accounts show that Insolvency Service Official Receivers handled 10,817 new insolvency cases during 2024-25 , this has resulted…
The Australian Securities and Investments Commission (ASIC) has announced a probe into credit repair and debt management services amid reports of dishonest practices. The investigation aims to weed out those exploiting financially vulnerable consumers by not meeting debt management terms, charging high fees, or not communicating adequately with customers. ASIC said it is concerned some…
Childcare reforms, HECS debt relief on agenda as parliament resumes 9News Read the original article here
Video: Childcare reforms, HECS debt relief on agenda as parliament resumes Childcare reforms, HECS debt relief on agenda as parliament resumes We’re sorry, this feature is currently unavailable. We’re working to restore it. Please try again later. Dismiss Skip to sections navigationSkip to contentSkip to footer The government is introducing urgent childcare sector reforms and…
Video: Childcare reforms, HECS debt relief on agenda as parliament resumes WAtoday Read the original article here
Young Australians say they are still facing decades of repayments for their student loans, despite Labor introducing a bill to slash HECS debts by 20 percent. Education Minister Jason Clare tabled the bill on Wednesday as the re-elected Albanese government’s first act in parliament. Clare said the legislation would cut the debt of three million…