NCLT Admits Insolvency Plea against BluSmart Mobility Over Rs1.28 Crore Default – Moneylife
NCLT Admits Insolvency Plea against BluSmart Mobility Over Rs1.28 Crore Default Moneylife Read the original article here
Tips to help break the credit card debt cycle – fox8live.com
Tips to help break the credit card debt cycle fox8live.com Read the original article here
World Bank urges Zimbabwe to seek G-20 support in ending 25-year debt default
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BluSmart files for insolvency amidst mounting corporate governance challenges: Report – YourStory.com
BluSmart files for insolvency amidst mounting corporate governance challenges: Report YourStory.com Read the original article here
Pittsburgh councilman announces USD 58M in medical debt relief – Medical Buyer
Councilman Bobby Wilson (District 1) proudly announced that more than $58 million in medical debt has been abolished for over 43,000 Pittsburgh residents, thanks to a partnership between the City of Pittsburgh and national nonprofit Undue Medical Debt (formerly RIP Medical Debt). This milestone follows legislation introduced and passed by Councilman Wilson in 2023, which…
Businessman jailed after failing to disclose £130,000 in assets and obtaining thousands in credit during bankruptcy order
Helim Miah was made bankrupt in 2006, owing millions to his creditors. Despite a bankruptcy order and a 13-year director disqualification, he formed two companies and bought a car on finance. He was sentenced to four years and eight months in prison at Merthyr Tydfil Crown Court. A Welsh businessman, made bankrupt nearly 20 years…
Top adviser to leave Wayne Brown’s office after undeclared liquidation
Auckland Mayor Wayne Brown’s chief of staff is being moved aside after a council inquiry found he should have alerted Brown and officials to his personal company going into liquidation owing IRD $560,000 in GST. From Tuesday, Jazz Singh will move temporarily to project work in the council chief of staff’s office to continue some…
BluSmart enters insolvency amid corporate governance challenges
July 29 (Reuters) – Indian electric cab firm BluSmart has entered insolvency, an order from a company law tribunal showed, amid mounting corporate governance issues after a regulatory probe alleged its co-founder diverted funds meant for vehicle purchases. BluSmart suspended operations in April after India’s market regulator barred co-founder Anmol Jaggi from the securities market.…
Indian e-cab provider BluSmart enters insolvency amid corporate governance challenges – Reuters
Indian e-cab provider BluSmart enters insolvency amid corporate governance challenges Reuters Read the original article here
NCLT Ahmedabad bench admits insolvency petitions against Blusmart Mobility
The Ahmedabad bench of the National Company Law Tribunal has admitted a petition seeking to initiate bankruptcy proceedings against ride hailing startup BluSmart Mobility. BluSmart Mobility was founded by the Jaggi brothers, the promoters of Gensol Engineering, a listed solar engineering company. Gensol itself was admitted into insolvency proceedings by the same NCLT bench in…