#SHOWBIZ: Miranda Kerr, Evan Spiegel help erase medical debt for 250,000 Americans
#SHOWBIZ: Miranda Kerr, Evan Spiegel help erase medical debt for 250,000 Americans | New Straits Times … Read the original article here
Farmers delay fertilizer purchases as debt relief talks drag on
The wait for potential government measures to support indebted farmers has led many producers to postpone purchases of some inputs for the 2026/27 crop, weighing on business for resellers and manufacturers. The uncertainty has deepened delays in fertilizer buying, which is running 10 percentage points below the average pace seen in recent years. Rising defaults…
Another 225 businesses in South Africa shut down – Business Tech
Another 225 businesses in South Africa shut down Business Tech Read the original article here
A statutory gap in the personal guarantor insolvency framework under Insolvency and Bankruptcy Code 2016
To facilitate this process and to shield the PG from parallel recovery proceedings during the pendency of the PGIRP, the Code provides for a moratorium under Section 101, i.e., a period during which no fresh legal action in respect of any debt can be initiated against the PG, and any pending action remains stayed. The…
Call for inquiry into firm's £14m taxpayer-funded liquidation rejected – Isle of Man Today
Call for inquiry into firm’s £14m taxpayer-funded liquidation rejected Isle of Man Today Read the original article here
Irish business insolvencies remain stable despite retail pressures
Irish corporate insolvencies remained broadly unchanged during the first half of 2026, with businesses continuing to show resilience despite persistent economic challenges, according to the latest Insolvency Barometer from PwC Ireland. The report found that 444 corporate insolvencies were recorded in the first six months of the year, only marginally higher than the 436 recorded…
Avoidance Relief u/s 43 Unsustainable without Proof that Corporate Debtor Granted Preference: NCLT Rejects ₹26.79 Crore Claim against Sintex Industries [Read Order]
The Ahmedabad Bench of the National Company Law Tribunal (NCLT) has dismissed an avoidance application seeking reversal of an alleged preferential transaction worth ₹26.79 crore, holding that relief under Section 43 of the Insolvency and Bankruptcy Code (IBC) cannot be granted unless it is established that the Corporate Debtor itself granted the alleged preference. The…
Struggling practice sold to directors’ company in pre-pack deal
SUBSCRIBER-ONLY STORY | London and Essex-based Scene Architects has been sold in a pre-pack deal to a company owned by two of its directors after entering administration owing thousands to creditors Keep reading – subscribe today
Bernard Whimp fails to turn up at Chance Voight liquidation hearing
An interim liquidators’ report found its investors faced a “substantial shortfall” and had a negative net asset position of nearly $12 million. On Monday, the High Court at Christchurch heard that the Chance Voight group was allegedly using new investor money for expenses. “Records reviewed indicate that interest, and in some cases redemption payments to…
Nishat Chunian approves winding up and Gulberg-II land sale
Company to voluntarily wind up wholly owned Nishat Chunian Properties and dispose of 8 kanals, 7 marlas and 155 sq ft freehold land in Lahore after liquidation distribution Members of Nishat (Chunian) Limited have approved the voluntary winding up of Nishat Chunian Properties (Private) Limited, a wholly owned subsidiary of the company, according to resolutions…