Thousands of drivers have been left without insurance cover, after insurance firm Alpha announced it had gone bust. Drivers who were insured with their UK brands, Cover My Cab and Protector, received a text stating: Your taxi insurance policy with Alpha Insurance is cancelled with immediate effect. The text meant thousands of taxi drivers were…
NEW DELHI: The government has further revised the ordinance it proposes to move to make changes to the Insolvency and Bankruptcy Code (IBC). The updated note that will be sent to cabinet for approval is likely to restrict the wide exemption proposed earlier for micro, small and medium enterprises (MSMEs) from the provisions of Section…
HUNDREDS of gamers have been left out of pocket as popular but controversial UK online store Gameseek has gone bust. Customers got a letter out of the blue from an insolvency firm informing them that the firm was to be liquidated. Pre-order offers had been a mainstay of Gameseek’s business Gameseek had previously attracted criticism…
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…
May 10, 2018 06:21 ET | Source: Baltic Dairy Board multilang-release We would like to inform you that on May 9, 2018, the Zemgale District Court in Bauska has filed an application for insolvency of Z / S “Jumis” to SIA Baltic Dairy Board. SIA Baltic Dairy Board (hereinafter – the Company)…
May 10, 2018 06:21 ET | Source: Baltic Dairy Board multilang-release We would like to inform you that on May 9, 2018, the Zemgale District Court in Bauska has filed an application for insolvency of Z / S “Jumis” to SIA Baltic Dairy Board. SIA Baltic Dairy Board (hereinafter – the Company)…
A–A+ The founder of Nashelle jewelery says her Bend-based company is on the verge of insolvency, and her Old Mill District store is behind on rent because of her business partners mismanagement and sham financial transactions. Nashelle is my lifes work and I stand to lose everything that I put into the…
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…
Thousand of drivers were informed by text that they had no insurance after the company that covered them went bust. Alpha – which ran UK brands Cover My Cab and Protector – was declared insolvent in Denmark, meaning people’s cover ended on May 8. The company insured 700 taxi drivers and 10,000 private hire vehicles…
Thousand of drivers were informed by text that they had no insurance after the company that covered them went bust. Alpha – which ran UK brands Cover My Cab and Protector – was declared insolvent in Denmark, meaning people’s cover ended on May 8. The company insured 700 taxi drivers and 10,000 private hire vehicles…