Bharat Rashtra Samithi (BRS) working president KT Rama Rao on Wednesday, February 4, demanded an investigation into KLSR Infratech Ltd, alleging that Telangana Chief Minister Revanth Reddy had favoured the company in awarding various government contracts worth thousands of crores despite being in financial distress. Addressing a press conference, KTR alleged that KLSR functions as…
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Speaking to reporters here on Wednesday, Rama Rao alleged that the company KLSR functions as a front entity for Revanth and presented “documentary evidence” in support of his claim. HYDERABAD: BRS working president KT Rama Rao alleged that Chief Minister A Revanth Reddy was misusing thousands of crores of public money and diverting it to…
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…