McKAY…this makes the third case, so far, in which costs have been awarded against the association. These fees amount to millions and millions of dollars. DR Jason McKay, spokesman for New Raiders Football Club, believes it will only be a matter of time before the already financially-strapped St Catherine Football Association (SCAFA) goes bankrupt after…
The Supreme Court has upheld the initiation of corporate insolvency resolution proceedings against Bhasin Infotech and Infrastructure Private Limited and Grand Venezia Commercial Towers Private Limited, relating to a delayed real estate project in Greater Noida. A bench comprising Justices Sanjay Kumar and K Vinod Chandran dismissed appeals filed by the former directors of the…
Binance denies issuing legal threats over insolvency allegations The Block Read the original article here
Over 80% of Malaysians declared bankrupt in the past five years owed at least half a million ringgit, a period that also recorded bankruptcies among retirees and students Statistics from the Insolvency Department show that 19,432 cases reported during this period involved debts between RM500,000 and RM999,999. A total of 1,275 individuals, representing 5.54% of…
Follow us on Instagram, TikTok, and WhatsApp for the latest stories and breaking news. Over 80% of Malaysians declared bankrupt in the past five years owed at least half a million ringgit, a period that also recorded bankruptcies among retirees and students Statistics from the Insolvency Department show that 19,432 cases reported during this period involved debts between RM500,000…
Personal loans remain the leading cause of bankruptcy among Malaysians Statistics from the Insolvency Department show that 2,944 Malaysians fell into bankruptcy last year due to personal loans, up from 2,776 cases the year before. Between 2021 and 2025, personal loans accounted for 13,900 cases, or 47% of all bankruptcies. Image for illustration purposes only…
Personal loans remain the leading cause of bankruptcy among Malaysians Statistics from the Insolvency Department show that 2,944 Malaysians fell into bankruptcy last year due to personal loans, up from 2,776 cases the year before. Between 2021 and 2025, personal loans accounted for 13,900 cases, or 47% of all bankruptcies. Image for illustration purposes only…
Personal loans remain the leading cause of bankruptcy among Malaysians Statistics from the Insolvency Department show that 2,944 Malaysians fell into bankruptcy last year due to personal loans, up from 2,776 cases the year before. Between 2021 and 2025, personal loans accounted for 13,900 cases, or 47% of all bankruptcies. Image for illustration purposes only…
Follow us on Instagram, TikTok, and WhatsApp for the latest stories and breaking news. Personal loans remain the leading cause of bankruptcy among Malaysians Statistics from the Insolvency Department show that 2,944 Malaysians fell into bankruptcy last year due to personal loans, up from 2,776 cases the year before. Between 2021 and 2025, personal loans accounted for 13,900 cases,…
Almost 7,000 Malaysians were declared bankrupt last year alone, continuing an upward trend that increasingly affects young adults and women The latest cases bring the total number of bankruptcies to 100,467. The Insolvency Department recorded 6,776 new bankruptcies in 2025, an increase of nearly 1,000 from the 5,977 cases in 2024. Image for illustration purposes…