Dalmia Bharat says Binani Inds, UltraTech acting together for Binani … – VCCircle

Conglomerate Dalmia Bharat, with presence in cement, on Tuesday wrote to the bankruptcy resolution professional (RP) and committee of creditors (CoC) of debt-laden Binani Cement that the latters parent, Binani Industries, was acting in concert with UltraTech Cement for takeover of the insolvent firm. The letter was written on the same day Dalmia Bharat appealed…

‘No Insurance Company Has Insolvency Ratio Problem’ – NAICOM – Leadership Newspaper (press release) (blog)

Against the report by a national daily (not LEADERSHIP) that solvency ratio of five, out of 12 Nigerian insurers companies have fallen below regulatory threshold, the National Insurance Commission (NAICOM) has described the report as false and misleading. According to the refuted report, the five insurers whose solvency ratio are below the threshold are Aiico Insurance…

Depraved paedo declared himself bankrupt to avoid paying £400k compo to traumatised victim – The Sun

CONVICTED paedophile David Glass has dodged paying £393,000 in compensation to his victim by declaring himself bankrupt while behind bars. The 59-year-old businessman was jailed for five years in January for sexually assaulting young boys at his caravan in the East Neuk, Fife. Alan Richardson David Glass has declared himself bankrupt, avoiding having to pay…