The National Company Law Tribunal (NCLT) at Mumbai has recently ruled that secured creditors cannot rely on the 12-year limitation period for enforcing mortgage rights when filing claims in a corporate insolvency resolution process. For insolvency claims, the Tribunal said, the applicable limitation period is three years. The decision was delivered by a coram of…
Nightlife strip on the brink as half a dozen bars enter administration Sky News Australia Read the original article here
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The Mumbai bench of the National Company Law Tribunal (NCLT) has dismissed the special resolution applicant’s (SRA) plea to treat Rs 350 cr as the Corporate Insolvency Resolution Process (CIRP) cost in the liquidation of Jet Airways. In June 2021, the resolution plan submitted by the Jalan–Fritsch consortium was approved by the NCLT. The plan…
Despite the federal uncertainty, California residents have additional protections. SACRAMENTO, Calif. — As people head into 2026 and take a fresh look at their finances, the impact of medical debt remains a concern for many households. Sacramento-based financial advisor and coach Maureen Paley said medical debt can still show up on credit reports and affect…
Father of toddler spirals into debt and despair after blowing R12,000 on gambling in a month IOL Read the original article here
Father of toddler spirals into debt and despair after blowing R12,000 on gambling in a month IOL Read the original article here
Preserving value, or destroying it? The Statesman Read the original article here
Why Saks Fifth Avenue could face Chapter 11 or liquidation thestreet.com Read the original article here
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