The Supreme Court of India has disposed of a decade-long writ petition concerning the unpaid dues of thousands of workmen of Jaipur Udyog Ltd (JUL). In a significant reportable judgment, a Bench comprising Justice Rajesh Bindal and Justice Vijay Bishnoi appointed a former Chief Justice as a Court Administrator to oversee the verification of worker…
The changes come following campaigning from money guru Lewis, who has described the council tax debt recovery system as “grotesque”. “Council tax debt collection is so aggressive it’d make banks blush,” said Lewis, founder of MoneySavingExpert. “It’s the most vicious and damaging form of legal debt collection out there – causing counterproductive misery for millions.…
Borrowing to repay? Pakistan gets $2 billion Saudi help as UAE debt looms Moneycontrol.com Read the original article here
The National Company Law Tribunal (NCLT) New Delhi Bench has admitted four separate petitions for the initiation of Corporate Insolvency Resolution Process (CIRP) against companies wholly owned by RAB Enterprises (India) Private Limited, a firm promoted by former Yes Bank co-founder Rana Kapoor and his wife, Bindu Kapoor. The order, delivered on April 7, 2026,…
Several Swindon firms have gone into liquidation. Recent insolvency notices published on The Gazette list companies that are either based in Swindon or have registered offices in the town which have decided that to cease trading. EBIT Solutions Limited, registered at 66 Bath Road, is being liquidated by its members, following a meeting on March…
A TOTAL of 292 Solihull residents have sought debt advice from the government’s Breathing Space scheme last year – according to debt advice charity National Debtline. And now it is urging more people to seek advice as the costs rise further and the impact of global events hits bills. Breathing Space – also known…
The government has launched a loan payment moratorium for farmers and fishers to protect rural livelihoods from rising energy prices and production costs, the Department of Agriculture (DA) said. Under the program, borrowers with the Agricultural Credit Policy Council (ACPC) can apply to suspend debt repayments for up to a year. The ACPC, an agency…
By Amy Sexton & Campbell Rose Continuing on with the very topical themes of tax debt and insolvency Inland Revenue has published a draft Standard Practice Statement Options for relief from tax debt (the statement). It updates and, once finalised, will replace SPS 18/04. While the technical framework is largely unchanged, the new statement clarifies…
UK kitchen fitter collapses into liquidation with future of orders uncertain Oxford Mail Read the original article here
The latest Swindon firms that have just gone into liquidation Swindon Advertiser Read the original article here