The City of Windhoek has commenced the registration process for its new debt relief programme, urging all eligible residents to submit their applications. The programme is specifically calling on pensioners who were aged 60 years or older by November 2023, and whose previous applications for relief were rejected for various reasons, to register now. The…
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Please note that by blocking any or all cookies you may not have access to certain features, content or personalization. For more information see our Cookie Policy. To enable cookies, follow the instructions for your browser below. Facebook App: Open links in External Browser There is a specific issue with the Facebook in-app browser intermittently…
Waypark Commercial Mortgage 1 Ltd v Vanguard Number 1 Ltd (in liquidation) [2025] EWHC 1786 (Ch) In brief A secured lender sought to exercise a right of sale over a mortgaged property owned by a company in liquidation. The central issue was whether the statutory stay in respect of companies in liquidation (imposed…
A company claiming to provide financial services, which received around £175,000 from a client but failed to deliver promised services, has been shut down. Basic Prime Limited claimed to provide trade finance guarantees and credit enhancement services but was suspected by Insolvency Service investigators of operating an advance fee fraud scheme. The company at no…
Rad Power Bikes disputes battery recall amid insolvency concerns Bike Europe Read the original article here
The Bombay High Court has allowed challenging two notices issued by the National Faceless Assessment Centre under the Income Tax Act, 1961, for Assessment Year 2024-25 and upheld the extinguishment of Pre-Resolution Claims. It was observed that an approved resolution plan is binding on all stakeholders, including government authorities, and any claim not part of…
Supreme Court Dismisses Byju Raveendran’s Plea Against NCLAT Order on Byju’s–BCCI Settlement Moneylife Read the original article here
Groningen, Netherlands-based Soly, an international solar energy company, has been declared bankrupt. The announcement was made by the co-founder, Milan van der Meulen, through a LinkedIn post. The announcement comes over a year after raising €30M in funding led by ArcTern Ventures. The bankruptcy petitions for Soly Holding B.V. and Soly NL SSC B.V. were…
A Swansea University–supported research project aims to help shoppers avoid unmanageable buy-now-pay-later debt as BNPL use grows across the UK. Discover top fintech news and events! Subscribe to FinTech Weekly’s newsletter Read by executives at JP Morgan, Coinbase, Blackrock, Klarna and more A New Effort to Understand the Pressures Behind BNPL…