HECS cut: half the $16bn relief aids top earners and lets unis dodge hard questions – The Australian
HECS cut: half the $16bn relief aids top earners and lets unis dodge hard questions The Australian Read the original article here
Axed Reach editorial chief goes full-time with debt help project
A journalist has taken her side-project helping others to get out of debt full-time after being made redundant by a regional publisher. Megan Archer-Fox has announced the move after leaving her role as what’s on editor at Reach plc, based in Birmingham. Megan, pictured, launched a social media project called That Girl in Debt after…
PSU consortium to take over Sinnar Thermal Power for Rs 3.8k cr
The National Company Law Tribunal (NCLT), New Delhi Bench, has approved a resolution plan worth ₹3,800.14 crores for the insolvent Sinnar Thermal Power Limited (STPL). The successful bidder is a consortium of two public sector giants—Maharashtra State Power Generation Company Limited (MAHAGENCO) and NTPC Limited. The plan, approved under the Insolvency and Bankruptcy Code (IBC), aims to…
German corporate bankruptcies to surge to a decade high in 2025 – whbl.com
German corporate bankruptcies to surge to a decade high in 2025 whbl.com Read the original article here
NCLT dismisses Ex-Employee’s 18 Month delayed Salary Claims in Yes Bank Insolvency Case [Read Order]
The Mumbai Bench of the National Company Law Tribunal (NCLT) has dismissed six interlocutory applications filed by former employees of Yes Bank Limited, holding their claims for salary dues, provident fund, and other benefits were time-barred and filed after the corporate resolution plan had already been approved. The Tribunal, comprising Judicial Member K.R. Saji Kumar…
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HECS cut: half the $16bn relief aids top earners and lets unis dodge hard questions – The Australian
HECS cut: half the $16bn relief aids top earners and lets unis dodge hard questions The Australian Read the original article here
Inactivity Of Company For Two Years No Bar To Insolvency Proceedings: NCLAT
The National Company Law Appellate Tribunal (NCLAT) at New Delhi has recently ruled that a company cannot avoid insolvency proceedings simply because it has not been operating for two years. A bench of Chairperson Justice Ashok Bhushan and Technical Member Barun Mitra while upholding insolvency proceedings against Sant Kripa Appliances said, “the mere fact that…
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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…