On 1 June, the Kochi Bench of the National Company Law Tribunal (NCLT), held that suspended directors cannot institute or pursue proceedings in the name of a corporate debtor after commencement of liquidation and that authorities cannot reopen a concluded liquidation auction in the absence of fraud, collusion or material irregularity. Judicial Member Vinay Goel…
And, ultimately, he will be running so that others do not have to face the same uncertainty.Sithole, a final-year master’s student in Agricultural Plant Pathology in UP’s Faculty of Natural and Agricultural Sciences, is one of nine fundraising champions taking on this year’s Comrades Marathon as part of UP’s Degrees Delivered campaign – an initiative…
Lexington business owner helps pay off nearly $40,000 of student lunch debt WKYT Read the original article here
NGL Energy Partners LP stock (US62913M1071): Debt reduction, water volumes and refinancing in focus AD HOC NEWS Read the original article here
More than 60 Democratic lawmakers, led by Sen. Elizabeth Warren (D-Mass.), urged Education Secretary Linda McMahon on Sunday to provide student debt relief to eligible borrowers and halt plans to transfer defaulted student-loan accounts to the Treasury Department. The lawmakers said 7.7 million borrowers were in default at the end of 2025, while another 3…
Businessman Huang Youlong, the ex-husband of Zhao Wei, is facing legal action over an alleged gambling debt dating back a decade. According to Hong Kong businesswoman Cai Yifeng, Huang Youlong borrowed AUD 60 million from the Sun City Group to gamble in Australia around 10 years ago. As the guarantor for the loan, Cai Yifeng…
The Madhya Pradesh High Court on 27 May held that once a resolution plan is approved under the Insolvency and Bankruptcy Code, 2016, the corporate debtor in its “new avatar” cannot face pre-resolution claims or proceedings that stand extinguished under the approved plan. Justice Jai Kumar Pillai reiterated that the insolvency framework ensures a “clean…
A woman from Norfolk, Virginia, was sentenced on Friday, June 5, for embezzling more than $100,000 from her employer to cover her gambling debts. Identified as K. L. H., the 55-year-old woman was employed as the treasurer for a manufacturer of brake products in the city. Company Treasurer Busted, Sentenced for Embezzling Six-Figures from Employer…
Videocon Industries reports Q3FY25 loss, auditor issues disclaimer scanx.trade Read the original article here
Videocon Industries reports ₹24,104.41 million loss for Q2FY25 scanx.trade Read the original article here