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.
The Official Debt Relief Partner of NASCAR® will have colors featured at the 2025 DAYTONA 500 NEW YORK, Jan. 30,
“KEEP STREAMING! I'll be out of debt in no time!” music star jokes. Jan 30, 2025 • 08:37 ET •
The Pastoralists and Graziers Association of Western Australia (PGA) has entered voluntary administration, a week after it suspended operations following
Jordan Allen fraudulently secured a £50,000 Covid Bounce Back Loan in 2020 - the most businesses were entitled to under
Ghana has reached a significant milestone in its debt restructuring efforts, following the endorsement of the Memorandum of Understanding (MoU)
Date 1/30/2025 2:03:03 AM (MENAFN- Asia Times) Subscribe now with a one-month trial for
The Supreme Court held that the approval of a proposed combination by the Competition Commission of India (CCI) must be
BY: Walker Published 13 hours ago Last week, Bruno Mars set out to drop the next world-dominating strip club anthem.
The Reserve Bank of India on Thursday said it has filed an application with the National Company Law Tribunal, New
‘I love the lore that I am a Las Vegas lounge singer in debt to the mob’ It’s been a
In recent years, the domestic mutual fund industry has attracted investors across various segments. Ahead of the tax and policy
Access Denied You don't have permission to access "http://www.business-standard.com/companies/news/companies-in-india-not-using-ibc-enough-to-resolve-insolvency-ibbi-chief-125013001215_1.html" on this server. Reference #18.19b42e17.1738238564.a43db6ac https://errors.edgesuite.net/18.19b42e17.1738238564.a43db6ac Read the original article here

The Official Debt Relief Partner of NASCAR® will have colors featured at the 2025 DAYTONA 500

NEW YORK, Jan. 30, 2025 /PRNewswire/ — National Debt Relief, the industry leader in debt settlement known for its unique approach to debt relief, announces today its first team and driver partnership with Joe Gibbs Racing and Denny Hamlin as the 2025 NASCAR season kicks off. National Debt Relief will be the primary sponsor of Hamlin’s No. 11 Toyota Camry XSE for four NASCAR Cup Series races this season, including the 67th running of the DAYTONA 500 on Sunday, February 16, 2025.

National Debt Relief partners with Joe Gibbs Racing and Denny Hamlin to raise awareness of trusted debt relief solutions.
National Debt Relief partners with Joe Gibbs Racing and Denny Hamlin to raise awareness of trusted debt relief solutions.

While this marks National Debt…

Read the original article here

“KEEP STREAMING! I’ll be out of debt in no time!” music star jokes.

Jori Negin-Shecter - News Editor at Covers.com

Jan 30, 2025 • 08:37 ET

• 4 min read

Photo By – Imagn Images.

Bruno Mars, amidst what can only be described as the longest string of bad beats an artist has ever experienced, recently poked fun at his reported gambling debt.

The multi-platinum Grammy winner shared an article from Spotify after he made history as the first artist to reach 150 million monthly…

Read the original article here

The Pastoralists and Graziers Association of Western Australia (PGA) has entered voluntary administration, a week after it suspended operations following the uncovering of financial misconduct within the organisation.

The organisation, a lobby group for WA’s agricultural sector, appointed RSM Australia partners Jerome Mohen and Greg Dudley as administrators on Thursday afternoon.

Mr Mohen said the PGA made the decision to appoint administrators after identifying financial irregularities and a funding shortfall.

“The PGA executive and committee remain committed to seeing the organisation work through the administration process and continuing its longstanding function as a respected representative of the agricultural community,” Mr Mohen…

Read the original article here

  • Jordan Allen fraudulently secured a £50,000 Covid Bounce Back Loan in 2020 – the most businesses were entitled to under the scheme – by overstating his turnover by more than £200,000 
  • His plastering business should only have received around £5,000 if he had submitted an accurate application for the loan 
  • Allen, who was declared bankrupt the following year and is currently subject to stringent bankruptcy restrictions, used the loan for personal expenses such as supermarket shopping and gambling 

A Lancashire plasterer who overstated his business’s turnover to secure a maximum-value Covid loan spent the funds on groceries, gambling, fantasy football, and almost 40 withdrawals from cash machines. 

Jordan Allen, 39, was…

Read the original article here

Ghana has reached a significant milestone in its debt restructuring efforts, following the endorsement of the Memorandum of Understanding (MoU) by the remaining six Partner Creditor Countries.

This agreement, initially reached in principle and signed in June 2024, forms part of the Common Framework for Debt Treatment, granting the country approximately US$2.8 billion in debt service relief, contributing to the US$8.3 billion total relief announced last year.

With this progress, Ghana has successfully completed about 93% of its debt restructuring process.

Former Minister of State at the Finance Ministry and MP for Atiwa East, Abena Osei-Asare, has lauded this achievement, attributing it to prudent fiscal management,…

Read the original article here


(MENAFN– Asia Times)

Subscribe now with a one-month trial for only $1, then enjoy the first year at an exclusive rate of just $99.

Will DeepSeek deep-six the US economy?

MENAFN30012025000159011032ID1109147053

Read the original article here

The Supreme Court held that the approval of a proposed combination by the Competition Commission of India (CCI) must be obtained before the approval of Resolution Plan by the Committee of Creditors (CoC) under Section 31(4) of the Insolvency and Bankruptcy Code, 2016 (IBC).

The Court held thus in a batch of Civil Appeals preferred against the Judgment of the National Company Law Appellate Tribunal (NCLAT) pertaining to the Corporate Insolvency Resolution Process (CIRP) of the Hindustan National Glass and Industries Ltd. (HNGIL).

The three-Judge Bench of Justice Hrishikesh Roy, Justice Sudhanshu Dhulia, and Justice S.V.N. Bhatti observed, “In the present case, for reasons discussed above, the statutory provision and legislative…

Read the original article here

BY: Walker

Published 13 hours ago

Last week, Bruno Mars set out to drop the next world-dominating strip club anthem. Thanks to his latest single “Fat Juicy & Wet” with Sexyy Red, Bruno might have accomplished that. As an added bonus, the track’s warm reception contributed to a new streaming record set by Bruno Mars.

The singer slid in a reference about the wild rumor Tuesday, when he celebrated his achievement as the first artist on Spotify to reach 150 million monthly listeners.

Alongside his big news, Bruno encouraged his fans to “KEEP STREAMING,” joking he’d “be out of debt in no time” if they did.

As you know, the “Die With a Smile” artist was previously accused of having…

Read the original article here

The Reserve Bank of India on Thursday said it has filed an application with the National Company Law Tribunal, New Delhi bench, for initiation of corporate insolvency resolution process against Aviom India Housing Finance Private Limited. On Monday, the RBI superseded the board of Aviom India Housing Finance owing to governance concerns and defaults in meeting various payment obligations.

Company Value Change %Change

The Reserve Bank has appointed Ram Kumar, ex-CGM of Punjab National Bank, as the Administrator of the New Delhi-based company.

In a statement on Thursday, the central bank said an application for initiation of Corporate Insolvency Resolution Process (CIRP) against Aviom India Housing Finance Private Limited filed under the…

Read the original article here

‘I love the lore that I am a Las Vegas lounge singer in debt to the mob’

It’s been a wild few months for Bruno Mars. He’s not only been on every radio in the world at the moment but he’s also been at the centre of some wild gambling debt rumours (???). Since his residency at Park MGM Casino in Las Vegas, people claimed Bruno Mars had amassed over $50 million in debt, but his response was pretty iconic.

Bruno Mars response gambling debt

via Instagram

The hilarious response came on his Instagram story on Tuesday evening after sharing a huge music milestone he’d achieved on Spotify. Bruno Mars became the first solo artist in Spotify history to hit 150 million monthly…

Read the original article here

In recent years, the domestic mutual fund industry has attracted investors across various segments. Ahead of the tax and policy proposals in the Budget, industry players, consultants, and associations are preparing their recommendations. These include addressing anomalies in the interpretation of tax laws, advocating for tax treatment parity, and other measures to support sectoral growth and help India maintain its momentum as one of the fastest-growing emerging economies.

The mutual fund industry is no exception to this trend. It has been at the forefront of contributing to the growth of capital markets. Assets Under Management (AUM) and Systematic Investment Plan (SIP) inflows reaching all-time highs at INR 68 lakh crores and INR…

Read the original article here


Access Denied

You don’t have permission to access “http://www.business-standard.com/companies/news/companies-in-india-not-using-ibc-enough-to-resolve-insolvency-ibbi-chief-125013001215_1.html” on this server.

Reference #18.19b42e17.1738238564.a43db6ac

https://errors.edgesuite.net/18.19b42e17.1738238564.a43db6ac

Read the original article here