From Scholastica Hir Makurdi Residents of Adaka community in Makurdi, Benue State, have intensified calls for reforms in the global debt system, demanding fairer lending conditions for developing countries, debt repayment pauses during pandemic and emergencies, and dedicated funding from Artificial Intelligence (AI) revenues to support development projects across Africa. The call was made during…
Justice Ashok Bhushan has concluded his tenure as the Chairperson of the National Company Law Appellate Tribunal. His leadership influenced major corporate law and insolvency rulings, including key decisions on digital market competition and the Insolvency and Bankruptcy Code. What Happened Justice Ashok Bhushan stepped down as the Chairperson of the National Company Law Appellate…
Hip hop legend LL Cool J once implored us to not call his return to form a comeback. He reasoned, not incorrectly, that he had been here for years and during that entire time he had been rocking his peers. Well, the same can’t be said about the all-you can eat soup and salad buffet…
Hip hop legend LL Cool J once implored us to not call his return to form a comeback. He reasoned, not incorrectly, that he had been here for years and during that entire time he had been rocking his peers. Well, the same can’t be said about the all-you can eat soup and salad buffet…
JKM Transport Solutions Ltd, based in Armadale, appointed administrators on June 29. The news was published in the Edinburgh Gazette on Friday, with Companies House data also confirming the business has filed for insolvency. READ MORE: Protestors block busy Glasgow road after alleged sexual assault in the area George Lafferty, of BTG Begbies Traynor (Central)…
JKM Transport Solutions Ltd, a family-run haulage and freight company based in West Lothian, Scotland, has entered liquidation (Image: Getty) A family-run UK haulage and freight firm has collapsed into liquidation in yet another significant blow to the UK transport industry following conflicts in the Middle East. JKM Transport Solutions Ltd appointed administrators on June…
People play high-stakes Bingo at Foxwoods Casino in Ledyard, Conn., March 2002. (Gregory Rec/Portland Press Herald via Getty Images) Portland Press Herald/Getty Images It was a sunny Saturday in 1986 — 40 years ago Sunday — when the Mashantucket Pequot Tribal Nation cut the ribbon on its first bingo hall. The hall would soon welcome busloads…
We were recently discussing how chapatis were a rare phenomenon. Today, chapatis are made by the roadside and you can grab one for as low as Sh20. Back in the day, most homes savoured chapatis on Christmas day or when they were hosting visitors. Premium Article Get Full Access for Ksh299/Week. Fact-first reporting that puts you…
The National Company Law Tribunal (NCLT), New Delhi Bench has held that the pendency of proceedings before the Real Estate Regulatory Authority (RERA) and delays allegedly caused by lack of external infrastructure cannot be used as a defence to defeat an insolvency petition filed by allottees under Section 7 of the Insolvency and Bankruptcy Code,…
The National Company Law Tribunal (NCLT) New Delhi Bench admitted a Section 7 application filed by homebuyers after finding that the developer’s failure to hand over possession within the promised timeline constituted a financial default warranting initiation of the Corporate Insolvency Resolution Process (CIRP). The petition was filed by 176 allottees of a real estate…