Damon Dash is now bringing other people down with him due to his refusal to pay his debts. Recently, his wife Raquel Horn was ordered to sell her stake in his businesses to help him handle all that he owes.

Horn maintains 100% ownership of The Dash Group, which includes several of Dash’s most cherished businesses: America Nu, his streaming network; CEOByDash, his website; and his children’s book Dusko Goes To Space. The U.S. District Court for the Southern District of New York recently appointed a receiver to oversee these sales, according to AllHipHop.

Dash, who has evaded payments for years, is also being required to fully cooperate throughout this process. This includes handing over documents and providing…

The Indian Renewable Energy Development Agency has filed an insolvency plea against Gensol Engineering for defaulting on a Rs 510 crore payment. The development came weeks after SEBI banned the company and its promoters — Anmol Singh Jaggi and Puneet Singh Jaggi — from the securities markets till further orders in a fund diversion and governance lapses case. Meanwhile Gensol said on Wednesday that the Securities Appellate Tribunal had allowed it to file a response to the Sebi interim order.

The state-run financier explained in a stock exchange filing that it had filed a petition under Section 7 of the insolvency code after Gensol failed to replay a Rs 510 crore loan. The value of equity holdings in the company is likely to be…

According to IREDA’s exchange filing, the company has defaulted on dues amounting to ₹510.05 crore. The application has been made to the National Company Law Tribunal (NCLT), which will determine whether insolvency proceedings can move forward.

“The Company…

New Delhi: The state-run Indian Renewable Energy Development Agency (Ireda) on Wednesday filed an insolvency application against Gensol Engineering Ltd for a default of ₹510 crore, according to an exchange filing by the clean energy-focused lender.

The development comes nearly three weeks after Ireda filed a complaint with the Economic Offences Wing (EOW) of the Delhi Police against Gensol Engineering for alleged submission of falsified documents and dilution of promoters shares without lenders’ approval.

“In furtherance to our earlier letter dated 25.04.2025 with respect to M/s Gensol Engineering Limited, this is to inform you that the Company has filed an application today i.e. May 14, 2025 under Section 7 of Insolvency and…

State-owned Indian Renewable Energy Development Agency (Ireda) has filed an application seeking insolvency proceedings against embattled Gensol Engineering over a default of ₹510 crore, an exchange filing by Ireda shows.

The Ireda’s plea has been filed under Section 7 of the Insolvency and Bankruptcy Code (IBC). “With respect to M/s Gensol Engineering Limited, this is to inform you that the Company has filed an application today i.e. May 14, 2025 under Section 7 of Insolvency and Bankruptcy Code, 2016 against M/s Gensol Engineering Limited, for an amount of default of Rs. 510,00,52,672,” the company said.

The state-run PSU also filed a complaint against Gensol, its promoters Anmol Singh Jaggi and Puneet Singh Jaggi, and associated…

“In furtherance to our earlier letter dated 25.04.2025 with respect to M/s Gensol Engineering Limited, this is to inform you that the Company has filed an application today i.e. May 14, 2025 under Section 7 of Insolvency and Bankruptcy Code, 2016 against M/s Gensol Engineering Limited, listed company bearing CIN L74210GJ2012PLC129176 for an amount of default of Rs. 510,00,52,672/- (Rupees Five Hundred Ten Crores and Fifty Two Thousand Six Hundred and Seventy Two Only),” the regulatory filing said.

IREDA had earlier complained to the Economic Offences Wing (EOW) in late April over alleged falsified documents and Gensol’s dilution of promoter holding without its approval. IREDA has then said that while Gensol’s account is currently under stress, it is not classified as a non-performing asset yet.

Gensol has recently been hit by multiple other developments. Market regulator SEBI has appointed Raju and Prasad Chartered Accountants to conduct a forensic audit of Gensol Engineering financials. The audit will focus on the financial statements of the company during fiscal 2022–25. Further, the company’s promoters – Anmol Singh Jaggi and Puneet Singh Jaggi – have resigned following the market regulator Sebi’s interim order last…

(The Center Square) – For many Pennsylvanians, medical debt is a huge yet unavoidable problem. Even with insurance, many find themselves unable to pay the deductibles and copays demanded from rising healthcare costs.

According to Gov. Shapiro’s office, the commonwealth’s total balance of medical debt was over $1.8 billion in 2023, impacting 13% of the state with a disproportionate burden on vulnerable communities.

Yet, hospitals do have systems in place to assist patients with financial need, if they can access them.

This week, a bipartisan bill passed the House that would ensure patients have a better understanding of their financial situation and options when engaging with the healthcare system.

The bill would mandate that hospitals…