New Delhi: Appellate tribunal NCLAT has upheld separate insolvency proceedings for two Videocon group entities — Videocon Industries Ltd (VIL) and Videocon Oil Ventures Ltd (VOVL) — while setting aside an earlier NCLT order that had directed clubbing of the two cases. Passing a final order, the NCLAT said creditors of VIL and VOVL had…
Ending NRI businessman’s 8-yr legal battle, CBI court sets record straight—PMLA cases can’t survive alone ThePrint Read the original article here
As more families feel squeezed by rising costs and growing debt, credit counseling might offer a path forward. But many people are not sure what it is or when to turn to it. What is credit counseling? Credit counseling is often offered by nonprofit agencies to help people understand their finances and create a plan…
New Security Debt Index Model from ISACA Helps Organizations Track Overall Debt Posture Business Wire Read the original article here
Lawrence Dallaglio’s bankruptcy hell rumbles on: England rugby legend faces new insolvency hearing MSN Read the original article here
Embassy Developments reports FY26 loss, NCLAT sets aside insolvency scanx.trade Read the original article here
Private jet charter operator Zenith Aviation Limited has collapsed into administration with the loss of all 41 jobs at the business after mounting financial pressures. The London Biggin Hill-based company formally entered administration on May 15, with an administrator now exploring whether the operation can still be rescued or sold to a buyer. Zenith Aviation…
A woman has told how her debts reached £26,000 as she struggled to cope financially. Gaynor Lake, from Woking, saw her debts rise as she struggled to pay her rent and bills, and was supported by a debt advice charity. A report from the charity Christians Against Poverty (CAP) has suggested growing numbers of people…
Pronovias enters insolvency proceedings ahead of its sale to Cap Capital FashionNetwork – The World’s Fashion Business News Read the original article here
Pronovias enters insolvency proceedings ahead of its sale to Cap Capital FashionNetwork France Read the original article here