The bankruptcy watchdog on Tuesday proposed a raft of steps, including the exclusion of completed or unaffected housing projects from the rescue process with financial creditors’ approval, as it sought to streamline regulations and expedite insolvency resolution in the real estate sector. In a discussion paper, the Insolvency and Bankruptcy Board of India (IBBI) also…
Alternative Liquidity Fund nears asset sales, liquidation Investing.com Read the original article here
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It said not paying tax “creates an unfair advantage over businesses that are doing the right thing and affects the revenue needed to fund public services”. Lighthouse Financial managing director Matthew Harris said the company had seen a huge increase in enforcement, ranging from “simple phone calls to taking money out of the business bank…
The US$50 million bond issuance marks the first time the multilateral financial institution has used Macau’s financial infrastructure The debt was entirely backed by a specialized fund dedicated to boosting trade between China and Portuguese-speaking nations The New Development Bank (NDB) has issued debt in Macau for the first time, with the funds earmarked to…
While the collapse of Spirit Airlines at the start of May continues to dominate headlines as the most high-profile airline shutdown of 2026, a number of other small airlines around the world have also seen their finances fall to the point of having to file for bankruptcy and cease operations. Mexican holiday carrier Magnicharters also filed…