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.
Brittany Higgins has revealed she was loaned her $1,049 designer dress which she wore to the Marie Claire Women of
Mumbai: The Bombay High Court on Thursday ruled that a husband cannot seek the shield of insolvency proceedings to escape
Mumbai: The Bombay High Court on Thursday ruled that a husband cannot seek the shield of insolvency proceedings to escape
Gov. JB Pritzker announced that the Illinois Medical Debt Relief Program has successfully erased nearly $430 million in medical debt
TipRanks Black Friday SaleReliance Communications Limited ( (IN:RCOM) ) just unveiled an announcement. Reliance Communications Limited has announced that it
Likvidaator Opens Its Doors to E-Residents and Foreign-Owned Companies with Launch of English Services and Support  StreetInsider Read the original article
You Actually Can Negotiate Credit Card Debt Yourself. Here's How.  US News Money Read the original article here
REVEALED: Latest business liquidations in Logan  The Courier Mail Read the original article here
Missing trucks, missing boss: Inside Maxconcrete’s $1m collapse  NZ Herald Read the original article here
Bombay High Court holds that insolvency proceedings cannot be used to evade maintenance; petition dismissed for misuse of law |
The cryptocurrency market crash took a drastic turn as the total market cap dropped to $3.13 trillion on Nov. 20.
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Brittany Higgins has revealed she was loaned her $1,049 designer dress which she wore to the Marie Claire Women of the Year awards – as she faces imminent bankruptcy over her defamation case loss to former Liberal senator Linda Reynolds. 

Ms Higgins on Thursday evening made headlines in a sizzling red Rebecca Vallance gown – and later posted that she was extremely grateful to the magazine and the designer for ‘affording a Cinderella moment’ to her. 

Both Ms Higgins and husband David Sharaz lost a Western Australia defamation case brought by Ms Reynolds over social media posts the pair shared about the fallout from her rape saga.

They are expected to be declared bankrupt in the coming weeks. 

Ms Higgins’ mostly conservative frock featured…

Read the original article here

Mumbai: The Bombay High Court on Thursday ruled that a husband cannot seek the shield of insolvency proceedings to escape his legally mandated obligation to pay maintenance to his wife.

Mumbai, India – Aug. 28, 2015 : Bombay High Court : ( Photo by Bhushan Koyande )

A single-judge bench of justice Jitendra Jain held that maintenance payments arise from a moral and personal duty, and are not a debt that can be dissolved by bankruptcy law.

The court dismissed an insolvency petition filed by a Mumbai-based man, Mehul Jagdish Trivedi, who sought to be declared insolvent after failing to pay a monthly maintenance of 25,000 to his wife, as directed by a family court in May 2021. The arrears, according to the petitioner, had…

Read the original article here

Mumbai: The Bombay High Court on Thursday ruled that a husband cannot seek the shield of insolvency proceedings to escape his legally mandated obligation to pay maintenance to his wife.

A single-judge bench of justice Jitendra Jain held that maintenance payments arise from a moral and personal duty, and are not a debt that can be dissolved by bankruptcy law.

The court dismissed an insolvency petition filed by a Mumbai-based man, Mehul Jagdish Trivedi, who sought to be declared insolvent after failing to pay a monthly maintenance of 25,000 to his wife, as directed by a family court in May 2021. The arrears, according…

Read the original article here

Gov. JB Pritzker announced that the Illinois Medical Debt Relief Program has successfully erased nearly $430 million in medical debt during its inaugural year, benefiting 357,800 residents across all 102 counties. On average, Illinoisans saw over $1,100 in debt eliminated. “Too many working families are facing real financial uncertainty and higher healthcare costs at the hands of the Trump Administration,” Pritzker said. “Illinois will keep stepping up to ensure the most vulnerable Illinoisans can focus on their health and their families—not on crushing medical debt.”

The program, supported by the Illinois Department of Healthcare and Family Services (HFS), aims to eliminate $1 billion in medical debt over several years. “One year in,…

Read the original article here

TipRanks Black Friday Sale

Reliance Communications Limited ( (IN:RCOM) ) just unveiled an announcement.

Reliance Communications Limited has announced that it received a provisional attachment order from the Directorate of Enforcement concerning certain assets of the company and its subsidiary, Reliance Realty Limited. This development is part of ongoing legal and financial challenges faced by the company, which is under corporate insolvency resolution. The company is seeking legal advice on how to proceed, highlighting the potential impact on its operations and stakeholders.

More about Reliance Communications Limited

Reliance Communications Limited operates in the telecommunications industry, providing a range of communication services….

Read the original article here

Likvidaator Opens Its Doors to E-Residents and Foreign-Owned Companies with Launch of English Services and Support  StreetInsider

Read the original article here

You Actually Can Negotiate Credit Card Debt Yourself. Here’s How.  US News Money

Read the original article here

REVEALED: Latest business liquidations in Logan  The Courier Mail

Read the original article here

Missing trucks, missing boss: Inside Maxconcrete’s $1m collapse  NZ Herald

Read the original article here

Bombay High Court holds that insolvency proceedings cannot be used to evade maintenance; petition dismissed for misuse of law | File Photo

Mumbai, Nov 20: Expressing displeasure over misuse of insolvency proceedings, the Bombay High Court on Thursday rejected a suburban Mumbai dance teacher’s attempt to declare himself insolvent to avoid paying maintenance to his estranged wife.

Calling the move an improper effort to “frustrate” a valid Family Court order, the court said the Insolvency Act “cannot be used as a tool to do indirectly what is not permissible directly”.

Man Sought Insolvency to Stall ₹25,000 Monthly Maintenance Order

The man had approached the court under…

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The cryptocurrency market crash took a drastic turn as the total market cap dropped to $3.13 trillion on Nov. 20.

Bitcoin (BTC) crashed below the $87,000 price mark, down 2.45% in the last 24 hours.

Related: Veteran trader who called 2018 Bitcoin collapse now predicts 35% crash

Within the last 24 hours, more than $370 million in BTC positions have been wiped out. Overall, crypto positions worth more than $900 million have been liquidated.

Source: CoinGlass

The shocking market crash has led to the entire crypto holdings of several long-term whales and small retail traders getting wiped out.

As reported earlier, the decentralized application (dApp) analytics platform, DappRadar, decided to wind down as running a…

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:


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

2….

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