Insolvency Guardian Media Centre
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The Albanese government’s signature student debt-slashing Bill has passed through the House of Representatives, bringing touted relief for millions of graduates one step closer.
While Labor could have passed the Bill with its massive 94-seat majority, the Coalition also backed it after Sussan Ley confirmed the opposition would not stand in the way.
But the Coalition’s guarantee is crucial to getting it through the Senate, where Labor does not hold a majority and the Greens have threatened to stall it in a bid to attach amendments.
Fronting media before the vote, the Opposition Leader said she still had concerns over the Albanese government’s broader response to the cost-of-living crisis, but that “we will not oppose the…
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In a relief for JSW Steel Ltd, the Supreme Court on Tuesday agreed to hear a review petition in open court against its 2 May verdict quashing the company’s ₹19,350 crore acquisition of Bhushan Power and Steel Ltd and ordering BPSL’s liquidation.
A bench led by Chief Justice B.R. Gavai and Justice Satish Chandra Sharma passed the order during a closed-chamber review hearing, allowing the matter to be heard in open court and issuing notice on the plea.
“Application(s) for listing review petition(s) in open Court and application for oral hearing are allowed. Issue notice. List these matters on 31.07.2025 at 03:00 p.m.,” the order stated.
This development comes as a relief for JSW Steel, providing it one final legal opportunity…
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The wheels have come off the fraud-hit BluSmart Mobility, once hailed as a pioneer in India’s electric ride-hailing startup, as the company has been formally admitted into insolvency by the National Company Law Tribunal (NCLT) in Ahmedabad.
The move follows payment defaults totalling over ₹1.28 crore and adds BluSmart to a growing list of Gensol-linked entities now undergoing bankruptcy proceedings, including its parent Gensol Engineering Ltd and sister concern Gensol EV Leasing Pvt Ltd.
In an order dated 28 July, a two-member bench comprising Justice Shammi Khan (Judicial Member) and Sanjeev Sharma (Technical Member) admitted BluSmart into the Corporate Insolvency Resolution Process (CIRP) under the Insolvency and Bankruptcy Code…
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Minority NPP accuses government of claiming credit for NPP’s debt relief gains Modern Ghana
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NCLT Admits Insolvency Plea against BluSmart Mobility Over Rs1.28 Crore Default Moneylife
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Tips to help break the credit card debt cycle fox8live.com
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BluSmart files for insolvency amidst mounting corporate governance challenges: Report YourStory.com
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Councilman Bobby Wilson (District 1) proudly announced that more than $58 million in medical debt has been abolished for over 43,000 Pittsburgh residents, thanks to a partnership between the City of Pittsburgh and national nonprofit Undue Medical Debt (formerly RIP Medical Debt). This milestone follows legislation introduced and passed by Councilman Wilson in 2023, which authorized the City to contract with the nonprofit to identify and erase qualifying medical debt held by Pittsburghers.
The eligibility requirements for the health care debt relief stated that individuals must be residents of the City of Pittsburgh. They also had to meet at least one of the following two criteria: (1) have a household income between…
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Helim Miah was made bankrupt in 2006, owing millions to his creditors.
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Despite a bankruptcy order and a 13-year director disqualification, he formed two companies and bought a car on finance.
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He was sentenced to four years and eight months in prison at Merthyr Tydfil Crown Court.
A Welsh businessman, made bankrupt nearly 20 years ago, has been jailed for more than four years after hiding £130,000 in assets, continuing to operate as a company director and obtaining more than £100,000 in credit.
Helim Miah ran Fresh ‘N’ Clean (Wales) Ltd until 2006, when he was made bankrupt owing £12.3 million to his creditors and was disqualified as a director for 13 years.
The 46-year-old…