While the aspirational middle class is rising and is now open to spending and consuming more and more, it is happening on the backs of debt. A recent survey has shared alarming data of how over 68% Indian borrowers are under debt trouble, with several reports emerging recent about how families or individuals are taking…
Limavady business enters insolvency owing total of 14 creditors including taxman Current director Nicolas Taggart (left) and father Michael, who was a former director A building company once owned by two of Ireland’s richest men has commenced insolvency proceedings after racking up debts of more than £3.4m. Taggart Homes, in Limavady, Co Londonderry filed a…
Warning to struggling businesses in South Africa Business Tech Read the original article here
Kremlin Critic Boris Nadezhdin Declared Bankrupt by Russian Court MSN Read the original article here
Kremlin Critic Boris Nadezhdin Declared Bankrupt by Russian Court MSN Read the original article here
National Company Law Appellate Tribunal gives go-ahead to liquidation of Go First Airways India Legal Read the original article here
Nuneaton family-run firm for more than 40 years goes into liquidation Coventry Telegraph Read the original article here
Limavady business enters insolvency owing total of 14 creditors including taxman Current director Nicolas Taggart (left) and father Michael, who was a former director A Co Londonderry building company once owned by two of Ireland’s richest men has commenced insolvency proceedings after racking up debts of more than £3.4m. Taggart Homes, Limavady, filed a notice…
NEW DELHI: The National Company Law Tribunal (NCLT), Mumbai bench, has approved the resolution plan submitted by Nuvoco Vistas Corp. for the acquisition of Vadraj Cement (VCL) in the corporate insolvency resolution process under the Insolvency and Bankruptcy Code, 2016 (IBC). The resolution plan includes an upfront payment of ₹1,800 crore. Nuvoco intends to fund…
A company which had dreams of becoming the world’s largest deep sea mining company has declared bankruptcy. Norwegian company, Loke Marine Minerals, aimed to hold licences in the Pacific and the Arctic. Now, their deep sea mining dreams have been shattered. Loke also owns UK Seabed Resources, which holds the UK’s two deep sea mining…