Insolvency Guardian Media Centre

Stay informed with the latest in insolvency news and industry updates. We can keep you up to date with insolvency and finance information from around the world.
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Jaiprakash Associates Reveals INR 55,371.21 Crore Debt Amidst Ongoing Insolvency Process  scanx.trade Read the original article here
Essex and London Properties Limited in Liquidation: information for creditors and investors.  GOV.UK Read the original article here
The G20 must follow through on debt relief  Daily Monitor Read the original article here
Africa’s economic crisis expected to continue after creditors’negative response to appeals for debt relief. By John Baptist Tumusiime The Holy
PRS REIT proposes members’ voluntary liquidation following Waypoint sale  Property Week Read the original article here
Melbourne building collapses into voluntary administration - leaving projects in the lurch  MSN Read the original article here
Debt Doesn't Have to Be a Dirty Word. A Step-by-Step Guide to Making It Work for Your Company  Inc.com Read the
NEW DELHI: The Uttar Pradesh Real Estate Regulatory Authority (UP-RERA) has issued a public advisory after 129 real estate projects
New Delhi Dec 4 (KNN) The Parliamentary Standing Committee on Finance has noted that the Insolvency and Bankruptcy Code (IBC)
Cult brand Govecs Group joins graveyard of insolvent German mobility companies  Bike Europe Read the original article here
A builder who stole almost £85,000 in plant machinery and used company funds to pay for his high-performance car will go

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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:

1. Open the settings menu by clicking the hamburger menu in the top right

2. Choose “App Settings” from the menu

3. Turn on the option “Links Open Externally” (This will use…

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Jaiprakash Associates Reveals INR 55,371.21 Crore Debt Amidst Ongoing Insolvency Process  scanx.trade

Read the original article here

Essex and London Properties Limited in Liquidation: information for creditors and investors.  GOV.UK

Read the original article here

The G20 must follow through on debt relief  Daily Monitor

Read the original article here

Africa’s economic crisis expected to continue after creditors’negative response to appeals for debt relief.

By John Baptist Tumusiime

The Holy Year 2025, also commonly referred to as the Jubilee year, will officially conclude on January 6th 2026, the solemnity of the Epiphany, with the closing of the Holy Door of St. Peter’s Basilica in the Vatican. The objectives of the Holy Year have been to promote reconciliation, conversion, and a deeper relationship with God, with one another, and with creation. Some of its goals have been to foster hope and peace in our troubled world, performing acts of mercy, and encouraging social justice, such caring for the poor, the sick, and migrants and in line with biblical tradition,…

Read the original article here

PRS REIT proposes members’ voluntary liquidation following Waypoint sale  Property Week

Read the original article here

Melbourne building collapses into voluntary administration – leaving projects in the lurch  MSN

Read the original article here

Debt Doesn’t Have to Be a Dirty Word. A Step-by-Step Guide to Making It Work for Your Company  Inc.com

Read the original article here

NEW DELHI: The Uttar Pradesh Real Estate Regulatory Authority (UP-RERA) has issued a public advisory after 129 real estate projects belonging to 14 developers were admitted into the Corporate Insolvency Resolution Process (CIRP) before the National Company Law Tribunal (NCLT) between January 2024 and now.

With insolvency proceedings underway, UP-RERA has asked affected homebuyers to file their claims exclusively with the Insolvency Resolution Professionals (IRPs) appointed for each project, as mandated under the Insolvency and Bankruptcy Code (IBC).

RERA jurisdiction suspended during moratorium

UP-RERA clarified that once a project is…

Read the original article here

New Delhi Dec 4 (KNN) The Parliamentary Standing Committee on Finance has noted that the Insolvency and Bankruptcy Code (IBC) has played a significant role in strengthening India’s business environment.

However, it also warned that persistent systemic challenges continue to hinder the Code’s overall effectiveness.

In its report titled ‘Review of Working of IBC and Emerging Issues,’ the Committee noted that 1,194 companies have been resolved under the IBC framework, with creditors recovering 170 percent of liquidation value and over 93 percent of fair value.

However, it expressed ‘profound concern’ over persistent bottlenecks, including slow admission of insolvency cases, excessive delays, mounting litigation,…

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Cult brand Govecs Group joins graveyard of insolvent German mobility companies  Bike Europe

Read the original article here

A builder who stole almost £85,000 in plant machinery and used company funds to pay for his high-performance car will go to jail if he does not repay more than £190,000 in the next three months.

Vasile Hrusca used more than £67,000 from his own failing company in 2019 to pay off the remaining balance on a hire purchase agreement for an Audi RS6, which he had bought the previous year for just under £75,000. He also sold seven diggers and other plant machinery, which were still subject to hire purchase agreements with two separate banks to fund gambling.

Vasile Hrusca Ltd was incorporated in January 2007. The company was listed as being in the business of “other construction installation”. Hrusca was the only…

Read the original article here