The present case arises from parallel proceedings on the same debt. On May 8, 2019, the National Company Law Tribunal passed two orders: it rejected the insolvency plea against Sima Hotels as time-barred, but admitted the same claim against Dugal Projects, which had guaranteed the loan. This divergence led to appeals before the National Company…
The government agency said Hussain was the director of Dynasty Group Ltd, an Eccles-based wholesaler of clothes and footwear, and NA Collection Mcr Ltd, based in Manchester, which provided online sales of products such as confectionery. Each business was entitled to one loan, but Hussain claimed a second £50,000 loan for both businesses, while overstating…
Of the roughly 43 million Americans carrying student loan debt – totaling nearly $1.7tn – only a small fraction have seen their balances erased. For those who have, the relief has been transformative, with several telling the Guardian how the forgiveness has reshaped financial futures and opened doors to new careers, stability and long-delayed life…
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REVEALED: Latest business liquidations in Melton Herald Sun Read the original article here
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That is a much darker outcome than the one hanging over the company earlier in March, when administrators were still looking for buyers. French trade media report that no credible takeover offer emerged in time, despite an urgent search process that had been running through March. The decision closes the door on any immediate group-wide…
SINGAPORE, April 2, 2026 /PRNewswire/ — On 30 March 2026, the Supreme Court of Singapore and the Supreme Court of Indonesia signed a Memorandum of Understanding (MOU) to Enhance Cross-Border Communication and Cooperation in Cross-Border Insolvency Proceedings. The signing ceremony was held on the sidelines of the inaugural Judicial Well-Being Workshop for ASEAN Judges in…