The Supreme Court has held that liabilities arising from corporate guarantees squarely constitute “financial debt” within the meaning of Section 5(8) of the Insolvency and Bankruptcy Code, 2016 (IBC). In a significant win for the State Bank of India (SBI) consortium, the Court held that the mere non-disclosure of such guarantees in a debtor’s financial…
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Ian Somerhalder revealed that he and wife Nikki Reed sank their teeth into crushing debt and found a way to bounce back — but not without putting in some serious work. “I retired from acting seven years ago,” the Vampire Diaries alum, 47, told E! News at the Beverage Forum in Manhattan Beach, California, on…
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REVEALED: Latest business liquidations in Casey Herald Sun Read the original article here
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