Insolvency Guardian Media Centre
Habib Rice Products Ltd. has announced plans to initiate the liquidation process of its 100% subsidiary, Habib Rice Products (FZE), with immediate effect.
The company shared this development through a notice to the Pakistan Stock Exchange (PSX) on Wednesday in compliance with Regulation 5.6.1 of the PSX Rule Book and Sections 96 and 131 of the Securities Act 2015.
The decision comes in response to visa-related issues that have affected the key personnel required to operate the subsidiary.
“As required under Regulation 5.6.1 of Rule Book of Pakistan Stock Exchange and Section 96 and 131 of the Securities Act 2015, we are hereby informed that due to visa-related issues for the key personnel to operate the 100% Subsidiary of the…
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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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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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New Delhi: Nine years after the introduction of the Insolvency and Bankruptcy Code (IBC), 2016, the government has unveiled a new bill proposing major reforms that seek to fix delays, streamline implementation and bring India’s insolvency system in line with global standards.
The Insolvency and Bankruptcy Code (Amendment) Bill, 2025—introduced in the Lok Sabha on 12 August by Finance Minister Nirmala Sitharaman, and currently before a Joint Parliamentary Committee—introduces seven major changes, from creditor-led pre-insolvency resolution, to cross-border and group insolvency frameworks.
The amendments seek to address concerns about the original IBC 2016, which has suffered from several problems, such as procedural delays and…
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Bessent looks to stablecoins to support US debt demand breakingthenews.net
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Genetic Technologies ( (AU:GTG) ) just unveiled an update.
Genetic Technologies Limited has entered voluntary administration after failing to secure necessary capital and strategic partnerships, despite efforts to restructure and focus on US sales growth. The company has sold its geneType business to Rhythm Biosciences Limited for $625,000, a move that includes the transfer of intellectual property, assets, and employees, while administrators continue to explore options for the company’s future.
More about Genetic Technologies
Genetic…
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The man, whose name is suppressed, admitted the 12 charges of obtaining by deception between 2018-21 in the Gore District Court today.
The court heard the man worked for a firm in Gore and one of his jobs was providing accountancy services to the victim’s company, including the paying of accounts.
Between 2018-21 the police summary said the man transferred money from the victim’s business account to the man’s personal account.
The withdrawals were labelled in such a way that they mimicked invoices the victim had received from outside companies.
The transfers started…
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Man pleads guilty to stealing nearly $175k to fund gambling habit The Press
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Nebraska on the verge of bankruptcy because of tariffs, labor shortages? Truth behind viral claim – Hindustan Times Hindustan Times
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Ericsson misusing insolvency code for coercion and debt recovery, Rcom tells NCLT MSN
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The man, whose name is suppressed, admitted the 12 charges of obtaining by deception between 2018-21 in the Gore District Court today.
The court heard the man worked for a firm in Gore and one of his jobs was providing accountancy services to the victim’s company, including the paying of accounts.
Between 2018-21 the police summary said the man transferred money from the victim’s business account to the man’s personal account.
The withdrawals were labelled in such a way that they mimicked invoices the victim had received from outside companies.
The transfers started…