Expat Kiwi businessman George Kerr. (Image: Supplied) The Bank of New Zealand has agreed to halt its bid to bankrupt expat Kiwi businessman George Kerr for four months to allow him time to pay the nearly $90 million he owes. The debt dates to 2008 and relates to loans the BNZ made to two Kerr…
The Treasury just declared the U.S. insolvent. The media missed it Fortune Read the original article here
Why Gold & Silver Are Falling Despite US–Iran War | Market Mystery Explained | 4K Why Gold & Silver Are Falling Despite US–Iran War | Market Mystery Explained Desc : Gold and silver are falling despite rising geopolitical tensions in West Asia. Traditionally seen as safe-haven assets, precious metals are behaving unexpectedly during the Iran…
Elon Musk warns America will ‘1,000%’ go bankrupt, ‘fail as a country’ due to crazy debt — but says there’s a force that can save us. Protect yourself MSN Read the original article here
NCLT allows withdrawal of insolvency proceedings against ATS group project The Economic Times Read the original article here
In a ruling reinforcing the finality of insolvency proceedings under the Insolvency and Bankruptcy Code (IBC), the Supreme Court of India has dismissed a civil appeal filed by Ganga Construction (Consortium) challenging the resolution plan for Varutha Developers Pvt. Ltd. A Bench comprising Justices Sanjay Kumar and K. Vinod Chandran upheld the resolution plan submitted…
Elon Musk warns America will ‘1,000%’ go bankrupt, ‘fail as a country’ due to crazy debt — but says there’s a force that can save us. Protect yourself MSN Read the original article here
ANI | Updated: Mar 22, 2026 14:51 IST New Delhi [India], March 22 (ANI): The National Company Law Tribunal (NCLT), New Delhi Bench, has permitted the withdrawal of corporate insolvency resolution proceedings (CIRP) initiated against ATS Heights Private Limited, the developer of the ATS Knightsbridge project, in exercise of its powers under Section 12A of…
ANI | Updated: Mar 22, 2026 14:51 IST New Delhi [India], March 22 (ANI): The National Company Law Tribunal (NCLT), New Delhi Bench, has permitted the withdrawal of corporate insolvency resolution proceedings (CIRP) initiated against ATS Heights Private Limited, the developer of the ATS Knightsbridge project, in exercise of its powers under Section 12A of…
In a significant ruling, the Supreme Court partly allowed an appeal, holding that while counterclaims not filed during insolvency proceedings stand extinguished under the Insolvency and Bankruptcy Code (IBC), a limited set-off defence may still be raised in arbitration. The dispute arose from a 2017 rooftop solar project contract awarded to Ujaas by the West…