KUALA LUMPUR: A man was trapped inside an apartment unit for several days after standing as guarantor for a friend who absconded with RM100,000 in gambling debts. Cheras OCPD Asst Comm Mohd Rosdi Daud said the 36-year-old was rescued from an apartment unit in the district on Friday (April 17). “Preliminary investigations showed that the…
Cheras police chief Rosdi Daud said two individuals have been remanded for three days to assist in the investigation, while efforts are ongoing to locate the main suspect. (Bernama pic) PETALING JAYA: Police rescued a 36-year-old Chinese national on April 17 who was held captive in an Airbnb unit in Cheras over a gambling debt.…
Falling aid, rising debt The Independent Uganda Read the original article here
New Delhi, TVS Supply Chain Solutions has settled its debt dispute with ZTE Telecom India and withdrawn its appeal in NCLAT against an order that rejected insolvency proceedings against the telecom gear manufacturer. Earlier this week, TVS Supply Chain counsel informed the National Company Law Appellate Tribunal (NCLAT) about the settlement and requested withdrawal of…
Truly Travel, which traded as Teletext Holidays and Alpharooms, and parent Truly Holdings were finally dissolved this month, four and a half years after going into liquidation. The company folded in November 2021 after the Competition and Markets Authority initiated legal action over a failure to pay £1.2 million in refunds to consumers due to…
Loans Warehouse has said growth in the second charge mortgage market is shifting away from demand driven by interest rate pressures towards more structural factors. The broker said earlier growth had been fuelled by borrowers trapped on long-term fixed rates during the rate shock of 2023 and early 2024, but this trend is now beginning…
Quebec judge declares Northvolt insolvent as province recovers nearly $200M MSN Read the original article here
Golden Peacock Residence Private Limited, a real estate company developing the Michael Schumacher World Tower in Gurugram, has officially invited Expressions of Interest (EOI) from potential buyers and investors. The invitation, issued via Form G, marks a critical step in the company’s Corporate Insolvency Resolution Process (CIRP). The company’s primary asset is its project site…
Major UK Travel Company Enters Liquidation: Thousands of Holidays Cancelled Travel And Tour World Read the original article here
Supreme Court Disposes IL&FS Appeal Against Ansal Properties, Directs Expeditious CIRP Proceedings scanx.trade Read the original article here