SBI Initiates Insolvency Proceedings Against Three Companies At NCLT – BloombergQuint

The countrys largest lender State Bank of India has initiated debt recovery proceedings under the Insolvency and Bankruptcy Code against steelmakers Monnet Ispat Ltd. and Electrosteel Steels Ltd. and  power distribution company Jyoti Structures  Ltd., one banker with direct knowledge of the matter confirmed to BloombergQuint. The case against Monnet Ispat has been filed at…

Federal Court finds conduct of Get Qualified Australia to be misleading, unconscionable – The Sydney Morning Herald

A failed education company, that left more than 5000 students without the qualifications they paid for, engaged in misleading and deceptive conduct, unfair contract terms and unconscionable conduct, the Federal Court has found. Get Qualified Australia (GQA) was an education consultant that assisted job seekers in obtaining Recognition of Prior Learning (RPL) qualifications in industries…