Insolvency Guardian Media Centre

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Bombay High Court: In an insolvency petition raising a question that can a debtor, facing arrears of maintenance ordered under
Bombay High Court: In an insolvency petition raising a question that can a debtor, facing arrears of maintenance ordered under
Bombay High Court: In an insolvency petition raising a question that can a debtor, facing arrears of maintenance ordered under
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Rogue Ales' parent company files for Chapter 7 liquidation  The Business Journals Read the original article here
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Denitsa Tsekova, Bloomberg News Email, LinkedIn, and more Bank of America is sounding the alarm over the explosive growth of
Bank of America strategists reportedly expect consumers’ growing use of prediction markets and sports gambling sites to create new credit
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Facebook App: Open links in External Browser

There is a specific issue with the Facebook in-app browser intermittently making requests to websites without cookies that had previously been set. This appears to be a defect in the browser which should be addressed soon. The simplest approach to avoid this problem is to continue to use the Facebook app but not use the in-app browser. This can be done through the following steps:


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Bombay High Court: In an insolvency petition raising a question that can a debtor, facing arrears of maintenance ordered under Section 125 of the Criminal Procedure Code, 1973 (‘CrPC’), seek protection under the Presidency Towns Insolvency Act, 1909 (‘Insolvency Act’) by being declared insolvent, a Single Judge Bench of Jitendra Jain, J., while dismissing the petition, held that maintenance obligations are not ‘debts’ within the meaning of the Insolvency Act, and refused to declare the husband as insolvent.

Background:

The petitioner-husband, employed as a dance teacher, married the respondent-wife on 28-01-2014. Within two months, disputes arose, resulting in proceedings being filed by the wife before the Family Court. On…

Read the original article here

Bombay High Court: In an insolvency petition raising a question that can a debtor, facing arrears of maintenance ordered under Section 125 of the Criminal Procedure Code, 1973 (‘CrPC’), seek protection under the Presidency Towns Insolvency Act, 1909 (‘Insolvency Act’) by being declared insolvent, a Single Judge Bench of Jitendra Jain, J., while dismissing the petition, held that maintenance obligations are not ‘debts’ within the meaning of the Insolvency Act, and refused to declare the husband as insolvent.

Background:

The petitioner-husband, employed as a dance teacher, married the respondent-wife on 28-01-2014. Within two months, disputes arose, resulting in proceedings being filed by the wife before the Family Court. On…

Read the original article here

Bombay High Court: In an insolvency petition raising a question that can a debtor, facing arrears of maintenance ordered under Section 125 of the Criminal Procedure Code, 1973 (‘CrPC’), seek protection under the Presidency Towns Insolvency Act, 1909 (‘Insolvency Act’) by being declared insolvent, a Single Judge Bench of Jitendra Jain, J., while dismissing the petition, held that maintenance obligations are not ‘debts’ within the meaning of the Insolvency Act, and refused to declare the husband as insolvent.

Background:

The petitioner-husband, employed as a dance teacher, married the respondent-wife on 28-01-2014. Within two months, disputes arose, resulting in proceedings being filed by the wife before the Family Court. On…

Read the original article here

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Facebook App: Open links in External Browser

There is a specific issue with the Facebook in-app browser intermittently making requests to websites without cookies that had previously been set. This appears to be a defect in the browser which should be addressed soon. The simplest approach to avoid this problem is to continue to use the Facebook app but not use the in-app browser. This can be done through the following steps:


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Read the original article here

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Facebook App: Open links in External Browser

There is a specific issue with the Facebook in-app browser intermittently making requests to websites without cookies that had previously been set. This appears to be a defect in the browser which should be addressed soon. The simplest approach to avoid this problem is to continue to use the Facebook app but not use the in-app browser. This can be done through the following steps:


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Read the original article here

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Facebook App: Open links in External Browser

There is a specific issue with the Facebook in-app browser intermittently making requests to websites without cookies that had previously been set. This appears to be a defect in the browser which should be addressed soon. The simplest approach to avoid this problem is to continue to use the Facebook app but not use the in-app browser. This can be done through the following steps:


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Read the original article here

Rogue Ales’ parent company files for Chapter 7 liquidation  The Business Journals

Read the original article here

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Facebook App: Open links in External Browser

There is a specific issue with the Facebook in-app browser intermittently making requests to websites without cookies that had previously been set. This appears to be a defect in the browser which should be addressed soon. The simplest approach to avoid this problem is to continue to use the Facebook app but not use the in-app browser. This can be done through the following steps:


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  • Denitsa Tsekova, Bloomberg News

Bank of America is sounding the alarm over the explosive growth of prediction markets and sports gambling, warning it could lead consumers to take on too much debt and default on loans.

The rapid expansion of such bets is creating a new credit risk for lenders as gambling losses create financial stress for consumers, BofA strategists including Mihir Bhatia wrote in a note.

The strategists point to the rising popularity of online betting since the Supreme Court struck down a federal ban on sports gambling. More recently, prediction market platforms like Kalshi Inc. and Polymarket are “creating a new form of…

Read the original article here

Bank of America strategists reportedly expect consumers’ growing use of prediction markets and sports gambling sites to create new credit risk for lenders.

Users’ losses on these platforms could create financial stress, with consumers taking on too much debt and defaulting on loans, the bank’s strategists said, according to a Tuesday (Nov. 25) report by Bloomberg.

“Easy access and gamified interfaces encourage frequent and impulsive wagers,” the Bank of America strategists wrote in a note, per the report. “For investors this convergence of entertainment and speculative finance signals heightened behavioral risk that could pressure credit quality, increase delinquencies, and impact earnings for issuers and subprime…

Read the original article here

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Facebook App: Open links in External Browser

There is a specific issue with the Facebook in-app browser intermittently making requests to websites without cookies that had previously been set. This appears to be a defect in the browser which should be addressed soon. The simplest approach to avoid this problem is to continue to use the Facebook app but not use the in-app browser. This can be done through the following steps:


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Read the original article here