Insolvency Guardian Media Centre
Bruno Mars does NOT have $50 million gambling balance with MGM, casino says ‘any speculation otherwise is completely false Descubra a emoção nas apostas com Dornbirner SV – brzesko.pl Oficjalny Portal Gminy Brzesko
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India’s insolvency law has seen creditors recover Rs 3.55 lakh crore through the resolution of 1,068 cases till September 2024. The government highlights the market-driven nature of recovery under the IBC.
In a written reply to the Lok Sabha, Minister of State for Corporate Affairs Harsh Malhotra also said that a total of 1,963 CIRP cases are ongoing and out of them, 1,388 have exceeded the time limit of 270 days.
CIRP refers to Corporate Insolvency Resolution Process.
The minister emphasised that realisation under the IBC is market driven and…
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Kingston, NY, Nov. 25, 2024 (GLOBE NEWSWIRE) — Miller/Howard High Income Equity Fund (NYSE: HIE) (the “Fund”) announced today that the Fund completed its liquidation following the close of business on November 22, 2024. The liquidation was performed in accordance with the Fund’s investment objectives and organizational documents, consistent with the Fund’s previously announced liquidation plans and its stated 10-year term.
Upon its liquidation, the Fund had a final…
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Creditors in India have managed to reclaim an impressive Rs 3.55 lakh crore by resolving 1,068 cases under the insolvency law by September this year, as reported by the government on Monday.
According to Harsh Malhotra, the Minister of State for Corporate Affairs, 1,963 Corporate Insolvency Resolution Process (CIRP) cases remain unresolved, with 1,388 surpassing the 270-day limit established by law.
Malhotra pointed out that the outcomes under the Insolvency and Bankruptcy Code (IBC) are largely driven by market forces and hinge on the asset quality during resolution. He further noted that, since IBC’s inception, it has undergone six amendments to enhance the resolution framework.
(With inputs from agencies.)
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Since the outbreak of COVID-19 pandemic, America’s debt has increased by nearly USD 16 trillion, marking the highest debt accumulation in the history of the country.
After defeating Kamala Harris in the Presidential Election, Donald Trump is all set for his second term as President of the…
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The National Company Law Appellate Chennai comprising of Justice Sharad Kumar Sharma, (Member Judicial) and Jatindranath Swain (Member Technical) dismissed two appeals filed by the Corporate Debtor seeking to challenge the order of NCLT, Bangalore by which it was directed to be put into the liquidation process and second to challenge the order of the same tribunal which dismissed the prayer of the Appellant for issue of an appropriate direction to the liquidator to put on hold the auction of the immovable asset of the Corporate Debtor.
Background of the Case
The case deals with two company appeals preferred by the Appellant. The Appellant seeks to challenge the order of NCLT, Bangalore by which it was directed to be put…
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Fox News Josimar Football
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BC.Game state Leicester City partnership unaffected by bankruptcy ‘claims’ Sportcal
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Russia President Putin offers debt relief to new recruits in Ukraine war push – India Today India Today
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Troubled businessmen ordered to co-operate with liquidators Stuff