Anil Ambani Faces Personal Insolvency NCLT Mumbai Holds Personal Guarantee Not Discharged By RCOM Resolution Plan Admits SBIs Rs 853 Crore Petition

Your browser does not support the audio element. The National Company Law Tribunal (NCLT), Mumbai Bench-I has admitted a petition filed by the State Bank of India (SBI) under Section 95 of the Insolvency and Bankruptcy Code, 2016 (IBC) seeking initiation of the Insolvency Resolution Process against Anil Dhirajlal Ambani as a personal guarantor to…

‘You’re Under the Illusion That You’re Good at This, and You’re Not’: Dave Ramsey to 24-Year-Old With $30,000 in Gambling Debt

Quick Read Dave Ramsey warned Philip that bankruptcy clears the $30,000 balance but leaves gambling behavior intact, making a repeat financial collapse near certain. Filing without stopping the habit means rebuilding debt within 12 to 18 months at up to 600% APR, with no Chapter 7 option for 8 years. Ramsey prescribed joining Gamblers Anonymous…