Student Loan Debt – The Heritage Foundation
Student Loan Debt The Heritage Foundation Read the original article here
Gayatri Projects reconstitutes board after insolvency withdrawal – scanx.trade
Gayatri Projects reconstitutes board after insolvency withdrawal scanx.trade Read the original article here
IBC cannot be used to shield proceeds of crime, NCLAT says ED action under PMLA not barred by moratorium – Moneycontrol.com
IBC cannot be used to shield proceeds of crime, NCLAT says ED action under PMLA not barred by moratorium Moneycontrol.com Read the original article here
Estonian electric car sharing company Elmo rent bankrupt, investigation pending | News
The court declared the short-term car rental and teledriving company Elmo Rent bankrupt on Wednesday. The company will also be subject to a public investigation by the Insolvency Service. In practice, a public investigation means the Insolvency Service will examine whether the company’s insolvency was caused by management failures or whether other violations occurred, business…
The creators of art for Absolum have been declared bankrupt
Troubles continue in the French studios. This time, Supamonks — one of the teams involved in the beat ’em up roguelike Absolum — has come under fire.
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Magnet to close 15 stores as part of CVA restructuring plan
Kitchen retailer Magnet is to close 15 stores as part of a major restructuring plan designed to reduce unsustainable property costs and protect the stronger parts of the business. The company has announced that the closures will be implemented through a proposed Company Voluntary Arrangement, commonly known as a CVA. Magnet said the CVA is…
‘We are drowning in debt’ — Ayawaso Art traders appeal for support
Three months after their shops were demolished by unidentified men in military-style uniforms, artisans at the Ayawaso West Art Market, popularly known as the Tetteh Quarshie Art Market, say they are grappling with mounting debts, collapsing businesses and the challenge of providing for their families. Although the Ayawaso West Municipal Assembly has relocated them to…
IBC Not ‘Holy Ganges’ To Wash Corporate Debtor’s Criminality Under PMLA: NCLAT
The National Company Law Appellate Tribunal (NCLAT) at Delhi on Tuesday held that the moratorium under the Insolvency and Bankruptcy Code (IBC) does not prevent the Enforcement Directorate (ED) from attaching assets alleged to be proceeds of crime under the Prevention of Money Laundering Act (PMLA). It observed that Parliament did not enact the IBC…