The National Company Law Tribunal (NCLT) Kochi bench of Smt. Madhu Sinha (Technical Member) and Shri. Vinay Goel (Judicial Member) has held that mere possession over assets of the Corporate Debtor under section 13(8) the SARFAESI Act does not confer any title on the Creditor. A title over the property passes to the purchaser only after a valid sale.
The present application has been filed under section 60(5) of the Insolvency and Bankruptcy Code, 2016 (IBC) seeking to recall an order passed on 14.08.2024. It is further prayed that the Resolution Plan submitted by the Respondent No. 1 should also be rejected.
The Applicant submitted that they remained completely unaware of the reinstatement of the Corporate Insolvency…
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Toronto, Ontario–(Newsfile Corp. – July 25, 2025) – CardioComm Solutions, Inc. (TSXV: EKG) (“CardioComm” or the “Company“), a global medical provider of consumer heart monitoring and medical electrocardiogram (“ECG“) software solutions, announces that it has entered into debt settlement agreements with each of the directors of the Company, pursuant to which the Company will issue an aggregate of 4,162,500 common shares of the Company (“Shares“) at a deemed price of $0.01 per Share to settle an aggregate of $41,625 in outstanding debt owed by the Company to the directors for services provided. When issued, the Shares will be subject to a four month hold period in…
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The CEO of the artificial intelligence-backed medical debt purchasing company PayZen believes payment plans can be part of the solution to America’s high-priced healthcare, even as consumer rights advocates warn third-party financial agreements lack transparency.
The company is just one in a sea of healthcare financing companies, whose executives see “acceleration” in conversations with cash-strapped hospitals facing historic Republican-led healthcare cuts.
Signed into law by Donald Trump, the cuts are expected to leave 17 million people without insurance through 2034. As those uninsured people struggle to pay for healthcare, the change is effectively a cut to hospital revenue, and threatens some cash-strapped facilities with…
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A list of the highest student loan debts across the country has left Australians absolutely gobsmacked, with many questioning how some of the figures are even possible.
Data from the Australian Taxation Office obtained by Sky News late last year revealed the highest individual HECS-HELP debts, with at least 50 people having debts over $250,000.
The data showed that, as of October 1, 2024, the person with the biggest HECS-HELP debt owes a whopping $831,675.53 in student loans.
This number could now very well be higher, given on June 1, 2025, indexation of 3.2 per cent was applied to all student loan debts.
The second highest amount on the list was $556,154, followed by $436,110 and $417,134.
A photo showing the top 10 highest debts was…
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Archbishop Gabriele Caccia, the Holy See’s Permanent Observer to the United Nations in New York, addressed two UN panels on the implementation of the UN’s Sustainable Development Goals.
Archbishop Gabriele Caccia, Permanent Observer of the Holy See to the United Nations
By Devin Watkins
Archbishop Gabriele Caccia, the Holy See’s Permanent Observer to the United Nations in New York, addressed two UN panels on the implementation of the UN’s Sustainable Development Goals.
The Archbishop affirmed that the international community bears the “moral and political responsibility”…
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Mumbai, July 24 (UNI) The Anil Ambani-led Reliance Power and Reliance Infrastructure issued a statement today that raids carried out by the Enforcement Directorate (ED) “have absolutely no impact on the business operations, financial performance, shareholders, employees, or any other stakeholders of the companies.”
“The media reports appear to pertain to allegations concerning transactions of Reliance Communications Limited (RCom) or Reliance Home Finance Limited (RHFL), which are more than 10 years old,” the statement mentioned.
“It is clarified that Reliance Power is a separate and independent listed entity with no business or financial linkage to RCOM or RHFL,” the statement clarified.
“RCOM has been undergoing the Corporate Insolvency…
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A Del Taco franchise took a risky, million-dollar move. Now, it’s bankrupt.
Matador Restaurant Group, a South Carolina-based operator of Del Taco locations in Georgia and Alabama, filed for Chapter 11 protection last week.
It’s the latest restaurant brand to collapse under financial pressure. The past year has been notably brutal for chains that cater to low- and middle-income diners.
And it adds to a string of troubles for Del Taco itself.
The brand — which competes with Taco…
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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:
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Martine McCutcheon appeared to have a golden financial future at the height of her fame thanks to roles in EastEnders the hit movie Love Actually.
But MailOnline revealed exclusively on Saturday how she had gone bankrupt for a second time while her company owed £175,000 to the taxman.
The astonishing reversal in her fortunes after a career – which included having a number one single and an Olivier Award as a West End stage star – have led to questions about what happened to the millions of pounds she earned.
Now we can disclose that friends believe her money was frittered away thanks to her high spending habits and her acting work largely drying up in recent years.
McCutcheon, 49 has previously admitted being obsessed with buying luxury…
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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”…
