The Supreme Court on Thursday (July 9) dismissed the appeals filed by the suspended director of Parsvnath Developers Ltd., upholding the revival of Corporate Insolvency Resolution Process proceedings against the real estate group in a default case involving approximately ₹452 crore. A partial court working days bench of Justice KV Viswanathan and Justice Alok Aradhe…
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The Department of Agrarian Reform (DAR) has granted debt relief amounting to PHP6.65 billion to 44,643 agrarian reform beneficiaries (ARBs) and turned over PHP95.5 million in support services to various ARB organizations (ARBOs) in southern Negros Occidental on Thursday. This is the second leg of DAR-Negros Island Region’s (NIR) three‑day distribution series dubbed “Padayon” (to…
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REVEALED: Latest business liquidations in Brimbank Herald Sun Read the original article here
The eThekwini Municipality’s decision to reopen its Special Debt Relief Programme is more than a one-time financial concession for customers with unresolved billing disputes. It reflects a broader shift in how South African municipalities are attempting to restore financial stability while rebuilding public trust. By combining targeted debt relief with investments in smart water and…
Collapsed Sydney design agency For The People is under investigation over claims it was “reborn” under a new corporate entity to evade debts. The award-winning agency may also have traded while insolvent for almost seven years, according to the liquidator, who is investigating the possible “phoenixing”. Phoenixing is the process of shifting staff, clients and…
Food waste processing startup Goterra will be wound up and liquidated, after its administrators received no viable proposals to preserve the growing but loss-making business. Teneo’s Daniel Walley and Martin Ford will serve as liquidators, according to a notice published by the Australian Securities and Investments Commission (ASIC) on Thursday. Related Article Block Placeholder Article…
Green signs medical debt relief bill Hawaii News Now Read the original article here