New Delhi, Feb 12 (UNI) After suffering from an acute financial crisis for years, United News of India (UNI), one of the oldest and credible news agencies in the country, is poised for rejuvenation as the National Company Law Tribunal (NCLT) today approved a Resolution Plan for the 64-year-old company. The approval of the Resolution…
Tech billionaire Elon Musk, who has been tapped by President Donald Trump to lead federal cost-cutting efforts, said Tuesday that the United States would go “bankrupt” without budget cuts. Musk leads the efforts under the newly created Department of Government Efficiency (DOGE), and was speaking at the White House with Trump, who has in recent…
Keith Bell, who ran the Bishopton Road Post Office in Stockton, spent 20 years blaming himself for shortfalls on his accounts until he watched ‘Mr Bates v The Post Office’ and felt like his life was unfolding on TV. He went from living a comfortable life to being bankrupt and even lost his new job…
The Zeeland-West-Brabant court has declared the heavy-lift company, Gould Logistics Services BV, based in Vlissingen, bankrupt. The court is yet to unveil additional information on the bankruptcy. The company boasted a large fleet of equipment, ranging from telescopic and crawler cranes to SPMTs and trailers. It also included an in-house engineering department The company has…
The Moscow Arbitration Court declared bankrupt the bank “Garant-Invest”, previously deprived of a license by order of the Central Bank of Russia. The regulator also petitioned the judge about the bankruptcy of the financial structure and the opening of bankruptcy proceedings against it. This was reported today, February 12, by a RIA Novosti correspondent in…
Business start-ups rise by a third as insolvency-related activity falls across Yorkshire and Humber The Yorkshire Post Read the original article here
A subpostmaster declared bankrupt and landed with a criminal record when faulty Horizon software created errors in his accounts has finally been compensated. Keith Bell, who ran the Bishopton Road Post Office in Stockton, spent 20 years blaming himself for shortfalls on his accounts until he watched ‘Mr Bates v The Post Office’ and felt…
Tech billionaire Elon Musk, who has been tapped by President Donald Trump to lead federal cost-cutting efforts, said Tuesday that the United States would go “bankrupt” without budget cuts. Musk leads the efforts under the newly created Department of Government Efficiency (DOGE), and was speaking at the White House with Trump, who has in recent…
The court declared the bank “Garant-Invest” bankrupt Ореанда-Новости Read the original article here
In a rare move, the National Company Law Tribunal (NCLT) has revoked its own July 2023 order that initiated insolvency proceedings against real estate firm Logix Infrastructure. The tribunal ruled that the plea, filed by financial creditor Experts Realty Professionals, was made with “fraudulent and mala fide intentions” and involved collusion between the creditor and…