The National Company Law Tribunal (NCLT) has admitted Punjab National Bank’s insolvency petition against television broadcaster TV Vision Ltd over an alleged default of ₹294.65 crore, initiating the corporate insolvency resolution process (CIRP) against the company. In a regulatory filing on July 31, TV Vision said the Mumbai bench of the NCLT had admitted the…
Foreign aid commitments fell sharply in fiscal year 2025-26 while debt servicing climbed to a record high, highlighting the country’s tightening external financing conditions as it grapples with slowing concessional inflows and rising repayment obligations. Total foreign assistance commitments dropped 37 percent to $5.24 billion in FY26 from $8.32 billion a year earlier, according to…
youtube.com/I Will Teach You To Be Rich Sana and Arhem knew going into marriage that money would be a challenge. What Sana didn’t know until a month before their wedding was that Arhem had accumulated $30,000 in credit card debt. When Arhem disclosed it, Sana was devastated — by both the amount and the secret.…
Clean Slate Doctrine is a key principle under the Insolvency and Bankruptcy Code, 2016, guiding corporate insolvency in India. Read more about Clean Slate Doctrine under the Insolvency and Bankruptcy Code (IBC), Latest News Clean Slate Doctrine Latest News The Supreme Court’s recent judgment in Ujaas Energy reminds us that the Clean Slate Doctrine is…
The IMF said the programme was designed to improve the ability of Mauritanian authorities to produce consistent, policy-relevant public debt projections and analysis. The technical assistance project was implemented by the IMF’s Institute for Capacity Development between January 2024 and January 2025 at the request of the Ministry of Finance. The programme…
Corporate Travel Management faces a blowout in the amount of money it will be forced to repay to overcharged customers as clients including the New Zealand government are still assessing the extent of the problem. Those reviews remain under way despite Corporate Travel, one of the country’s biggest travel management businesses, having less than a…
TV Vision Limited has been admitted to the Corporate Insolvency Resolution Process (CIRP) by the National Company Law Tribunal. The company’s management has shifted to an Interim Resolution Professional. TV Vision Limited has been officially admitted to the Corporate Insolvency Resolution Process (CIRP) under Section 7 of the Insolvency and Bankruptcy Code, 2016. The order…
A number of major UK businesses have collapsed into administration in recent weeks. It has been a challenging time for many firms, with three more businesses adding to the growing list. UK business administrations surged by 41% in January this year, driven by high-street failures, rising wages, weaker consumer spending, and higher operating costs. Official…
Sovereign bonds have emerged as a crucial financial instrument for governments around the world, enabling them to raise funds for a variety of purposes including infrastructure development, fiscal deficit financing, and economic stabilization. These bonds, issued by national governments in either domestic or international… Read the original article here
Business 02 Aug, 2026 NCLAT rejects DoT’s 469-crore claim appeal in Rolta insolvency; upholds resolution plan Business To Business, New Delhi, 02 August, 2026: The National Company Law Appellate Tribunal (NCLAT) has dismissed the appeal filed by the Department of Telecommunications against the resolution plan for debt-ridden Rolta India, ruling that the insolvency resolution plan…