Mumbai: The Bombay High Court on Thursday ruled that a husband cannot seek the shield of insolvency proceedings to escape his legally mandated obligation to pay maintenance to his wife. {{#usCountry}} {{/usCountry}} {{^usCountry}} {{/usCountry}} A single-judge bench of justice Jitendra Jain held that maintenance payments arise from a moral and personal duty, and are not…
Mumbai: The Bombay High Court on Thursday ruled that a husband cannot seek the shield of insolvency proceedings to escape his legally mandated obligation to pay maintenance to his wife. Mumbai, India – Aug. 28, 2015 : Bombay High Court : ( Photo by Bhushan Koyande ) A single-judge bench of justice Jitendra Jain held…
Brittany Higgins has revealed she was loaned her $1,049 designer dress which she wore to the Marie Claire Women of the Year awards – as she faces imminent bankruptcy over her defamation case loss to former Liberal senator Linda Reynolds. Ms Higgins on Thursday evening made headlines in a sizzling red Rebecca Vallance gown –…
TipRanks Black Friday Sale Reliance Communications Limited ( (IN:RCOM) ) just unveiled an announcement. Reliance Communications Limited has announced that it received a provisional attachment order from the Directorate of Enforcement concerning certain assets of the company and its subsidiary, Reliance Realty Limited. This development is part of ongoing legal and financial challenges faced by…
Bombay High Court holds that insolvency proceedings cannot be used to evade maintenance; petition dismissed for misuse of law | File Photo Mumbai, Nov 20: Expressing displeasure over misuse of insolvency proceedings, the Bombay High Court on Thursday rejected a suburban Mumbai dance teacher’s attempt to declare himself insolvent to avoid paying maintenance to his…
The cryptocurrency market crash took a drastic turn as the total market cap dropped to $3.13 trillion on Nov. 20. Bitcoin (BTC) crashed below the $87,000 price mark, down 2.45% in the last 24 hours. Related: Veteran trader who called 2018 Bitcoin collapse now predicts 35% crash Within the last 24 hours, more than $370…
Popular crypto company files for Chapter 15 bankruptcy as Bitcoin crashes TheStreet Read the original article here
Sredneuralsk, a satellite city of Yekaterinburg, has officially been declared insolvent. By order of the governor of Sverdlovsk region, external financial management has been imposed. The trigger was expenditures exceeding revenues by 18 million rubles. Against the backdrop of the oblast’s overall budget deficit of over 30 billion rubles, this amount seems minor, but it…
Dale Laverick, 41, and Alessandro da Silva, 42, used funds from their business K and L Restaurants Ltd to lease an Audi and a Lamborghini, the Insolvency Services has revealed. Both let the company, which ran the Caramba restaurants in York and Selby, to continue to trade for more than a year after it became…
Dale Laverick, 41, and Alessandro da Silva, 42, used funds from their business K and L Restaurants Ltd to lease an Audi and a Lamborghini, the Insolvency Services has revealed. Both let the company, which ran the Caramba restaurants in York and Selby, to continue to trade for more than a year after it became…