IBBI notifies amendments to corporate insolvency regulations, aiming to streamline procedures, protect creditor interests, and boost investor participation. New Delhi, Jun 2 (PTI) The IBBI has notified amendments to the regulations governing corporate insolvency, aiming to streamline procedures, protect creditor interests, and encourage greater investor participation in resolution processes. The Insolvency and Bankruptcy Board of…
Deadline to pay: Deeming moves to bankrupt Pesutto The Australian Read the original article here
A travel agency group is calling for EU law to be changed after a Belgian airline was liquidated last month, leaving “thousands unlikely to receive refunds”, and putting the financial burden on travel intermediaries. Air Belgium, a cargo airline that used to run passenger flights, has been taken over by a shipping company after the…
The 445 MW natural gas-based power plant of Konaseema Gas Power Limited (KGPL) is set to be auctioned on June 20, 2025, as part of the company’s liquidation process under the Insolvency and Bankruptcy Code (IBC). The auction notice, issued by the liquidator, will be published in newspapers on June 23, 2025, and interested bidders…
Residential construction companies in Australia have been toppling like dominoes, and this has left many depositors in a very difficult financial position. Like an uncontrolled demolition, construction companies have been collapsing at a rate that has not been seen for almost a decade. Data from the Australian Securities and Investments Commission shows a gathering pace…
Builder.ai faced US probe before company collapsed, reports say Sifted Read the original article here
Sydney Sweeney has opened up about having to live in a Holiday Inn for eight months as a teenager after her parents were declared bankrupt. The Euphoria star, 27, is now a multi-million dollar success story after making it with acting with roles in Anyone But You, The White Lotus and The Handmaid’s Tale. But back before hitting…
Chukwu faults Okorie’s eligibility for AFN Elections The Nation Newspaper Read the original article here
In the case of former artist Ian Fang sexually assaulting a girl, the victim’s mother bluntly said that the sentence given to Fang was too light. The 35-year-old fomer MediaCorp artist was sentenced to 40 months’ jail after he pleaded guilty to having sex with the girl before she turned 16. He had sex with…
The political saga between former Victorian Liberal leader John Pesutto and first term MP Moira Deeming is continuing on with Pesutto at risk of having to be declared bankrupt over his inability to pay the court order legal costs stemming from Deeming’s successful defamation case. Pesutto was unable to make the deadline for the multi-million…