Insolvency Guardian Media Centre
Dr Michael James Boland publishes article’ The Rise in Corporate Insolvencies – A Return to Normal or Something Deeper? ‘ Maynooth University
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The National Company Law Tribunal (NCLT), New Delhi, has admitted an application filed by the State Bank of India (SBI) under Section 7 of the (IBC), thereby initiating the Corporate Insolvency Resolution Process (CIRP) against Giga Pipe Systems India Pvt. Ltd. The application was based on a financial debt default exceeding Rs. 45 Crores.
SBI, the financial creditor, argued that Giga Pipe Systems, the corporate debtor, had defaulted on an aggregate sum of Rs. 45,06,15,949.53 as of April 30, 2025, with the default occurring on October 11, 2022. The bank supported its claim with documents including sanction letters, loan agreements, account statements, a loan recall notice, and the debtor’s own provisional balance sheets…
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GREENSBORO, N.C. — North Carolina’s medical debt relief initiative has already erased six and a half billion dollars in hospital debt for more than two and a half million residents.
Yet in Guilford County, where nearly one in five adults struggles with unpaid medical bills, community leaders are stepping in to help fill the gap. One of those leaders is Dennis White, part of a local group called Healing Without Debt Guilford, a faith-based, grassroots coalition connecting residents to financial relief and hospital charity programs before debt spirals out of control.
“Having that off of my back really just renewed the sense of possibility that I experienced for a more upwardly mobile life, a life that is more in alignment with thriving…
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Delegates of the 2nd Caribbean Debt Forum at the Hilton Barbados.
The Caribbean Development Bank (CDB), in partnership with the Inter-American Development Bank (IDB), convened regional and international financial experts to explore innovative financing instruments and strategies aimed at strengthening sovereign debt management across the Caribbean.
Held in Barbados on the margins of the Latin America and Caribbean (LAC) Debt Group’s annual meeting, the forum brought together representatives from Debt Management Offices (DMOs), ministries of finance, central banks, Multilateral Development Banks (MDBs), and private sector stakeholders, a CDB release dated October 28, 2025 states.
The event focused on addressing the region’s most…
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REVEALED: Latest business liquidations in Wyndham Herald Sun
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SC defers hearing on Aircel lenders’ spectrum transfer plea Communications Today
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