Now, a pre-packaged insolvency process for MSMEs – BusinessLine

The Centre has used the Ordinance route to introduce pre-packaged insolvency resolution process (pre-pack) for companies classified as micro, small and medium enterprises (MSMEs). India currently has about 6-7 lakh companies classified as MSMEs, and potentially these many could benefit from the newly introduced pre-packaged insolvency framework. In the Indian framework context, a pre-packaged insolvency…

Inside AFL great Brendan Fevola’s comeback as he sells $2.2M Melbourne home – Daily Mail

From bankrupt gambling addict to multi-millionaire: AFL great Brendan Fevola and his ex-wife turned fiance sell their $2.2million Melbourne property and move into a lavish home Fevola and his fiancee Alex offloaded the Brighton East property for $2.2million They then splashed $3million on a five-bedroom home in Hampton, Melbourne The 40-year-old Lions great bounced back…