The group recruited children from Finland for a camp in Crimea while receiving employment support from the City of Helsinki. Open image viewer Helsinki City Hall. File photo. Image: Matti Myller / Yle Helsinki District Court has declared the Moscow-linked Sun Ray association bankrupt, reports Helsingin Sanomat. The court heard the case on Monday at…
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New Delhi, Apr 29 (KNN) The Supreme Court has held that a corporate guarantee furnished by a company to secure another company’s borrowing, when backed by arrangements such as hypothecation, qualifies as a “financial debt” under the Insolvency and Bankruptcy Code, 2016 (IBC). A Bench comprising Justices Pamidighantam Sri Narasimha and Alok Aradhe delivered the…
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Supplier with links around the world collapses into liquidation Oxford Mail Read the original article here
Another luxury travel company declares bankruptcy, cancels all trips thestreet.com Read the original article here
1. In Ramachandran Subramanian v. Tecpro Systems Limited (Company Appeal (AT) (Ins.) No. 267 of 2026), the NCLAT dismissed the appeal preferred by the erstwhile liquidator challenging his replacement, by observing that a liquidator does not possess any personal or vested right to continue in the office, and performance during the tenure, even if commendable, did…
When it comes to national debt, the main lesson hawks want to impress on policymakers is the cost of inaction: How much the public will ultimately have to pay if officials don’t address deficits. Jamie Dimon, CEO of J.P. Morgan Chase, has echoed this warning in the past. It’s better to get ahead of a…
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