The Supreme Court will hear JSW Steel Ltd’s review petition on 29 July, challenging its 2 May judgment that quashed the company’s ₹19,350 crore acquisition of Bhushan Power & Steel Ltd (BPSL) and ordered the firm’s liquidation. A special bench led by Chief Justice B.R. Gavai and Justice Satish Chandra Sharma will take up the…
The National Company Law Tribunal (NCLT) New Delhi bench of Shri Manni Sankariah Shanmuga Sundaram (Judicial Member) and Shri Atul Chaturvedi (Technical Member) has held that when a demand notice under section 8 of the IBC is returned unserved with the endorsement “the addressee has left without instructions” and the Operational Creditor fails to effect…
Consumers grappling with debt often turn to so-called “debt relief” services, hoping for a way out. Unfortunately, some providers have been exposed for deceptive practices—and even fined by regulators. These stories serve as cautionary tales about aggressive promises, hidden fees, and misleading claims. Examining eight services that faced enforcement actions reveals recurring patterns: upfront fees,…
Marcus Morris Sr. Arrested in Florida Over Alleged Las Vegas Casino Debt Casino.org Read the original article here
Aussie mum sues Tabcorp after racking up almost $1m in debt The New Daily Read the original article here
Maryland Student Loan Debt Relief Tax Credit Program Now Accepting Applications Eye On Annapolis Read the original article here
‘You’re a warrior princess’: Dave Ramsey builds battle plan for Orlando single mom living in a shelter who’s behind on her son’s medical bills — and urges her to keep fighting moneywise.com Read the original article here
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World Bank Chief Says Zimbabwe Needs G-20 Help to Exit Debt Trap Bloomberg.com Read the original article here
Even as the Punjab government asserts it is taking proactive steps to manage its debt obligations, economic experts have raised concern that the State is increasingly relying on additional loans, driven by “competitive political populism”, leading to a significant rise in debt liability. Earlier this month, Punjab Finance Minister Harpal Singh Cheema stated that the…