Insolvency Guardian Media Centre

Stay informed with the latest in insolvency news and industry updates. We can keep you up to date with insolvency and finance information from around the world.
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NCLAT Seeks Progress Report on Stalled Supertech Projects
The NCLAT has ordered a court-appointed committee to submit a status report within two weeks regarding 16 stalled Supertech Limited
What happens to pending transactions when your bank account is frozen by a debt collector?
When your bank account is frozen, the outcomes for the pending transactions can vary widely.  Evgeniia Siiankovskaia/Getty Images With credit
NCLT orders TLPL’s RP to halt further disposal of auctioned assets | Company News
The National Company Law Tribunal (NCLT), Bengaluru Bench, has directed the Resolution Professional (RP) of Think and Learn Private Limited
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Manistee Democrats launch medical debt fundraiser
Working with Contest Every Race, a local fundraiser is underway with a goal of raising $1,000 to erase $100,000 of medical
Self Help Author Reportedly More than a Billion in Debt
Robert Kiyosaki is the author of the best-selling self-help book Rich Dad Poor Dad; however, it now appears that he's
Subhash Chandra tells NCLAT insolvency proceedings led to ‘media trial’ | Industry News
Zee Group founder Subhash Chandra on Wednesday told the National Company Law Appellate Tribunal (NCLAT) that he had been 'vilified'
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Edge Early Learning puts 44 companies into voluntary administration
Edge Early Learning, one of Australia’s larger private childcare operators, has placed 44 companies into voluntary administration, with Craig Shepard,
Major plastic recycling firm falls into administration
A major Australian plastics recycling business that previously received a $20 million federal government grant has fallen into voluntary administration.
Haircut”, “Insolvency” and “Personal Guarantor”: Understanding the Word Salad Around the Subhash Chandra Case
The procedure under the IBC takes shape when a company/borrower fails to clear its debt. In this case, the creditor