By Danny McDonald Globe Staff October 17, 2018 A 25-year-old Dorchester man pleaded guilty Wednesday to a trio of charges in connection with a violent attempt to collect a $40,000 gambling debt, federal prosecutors said. Appearing at federal court in Boston, Kim Nguyen pleaded guilty to kidnapping, operating an illegal gambling business, and conspiracy to…
An Obama-era rule designed to help students cheated by for-profit colleges get relief on their education debt finally took effect Tuesday after efforts by the Trump administration to block it. A federal judge ordered immediate implementation of the rule, delayed last year by Education Secretary Betsy DeVos, while a challenge from the for-profit college industry…
MUMBAI: Anil Ambani-owned shipbuilder Reliance Naval & Engineerings troubles have worsened with RFID solutions provider Markss Infotech filing a fresh insolvency petition against the firm. The development comes more than a month after IDBI Bank had moved the National Company Law Tribunal (NCLT) against Reliance Naval for defaulting on a loan of about Rs 1,250…
Pursuant to Regulation of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, please find enclosed herewith a copy of Order of National Company Law Tribunal (NCLT), New Delhi dated 28.09.2018 under Section 9 of the Insolvency and Bankruptcy Code, 2016 read with Rule 6 of the Insolvency and Bankruptcy (Application…
Nkechi Chima, Abuja The management of BFL Microfinance Bank has sued the Central Bank of Nigeria (CBN) for illegally revoking its operating licence. The microfinance bank, in the originating summons filed at the Federal High Court by its counsel, Velma Solicitors, prayed the court to declare the purported revocation null and void as the bank…
A would-be rapist was today jailed for more than three years after he turned to heroin dealing because he ran up a massive poker debt. William Bannon who has two previous convictions for attempted rape served a 12-year jail sentence for an horrific sex attack on a teenage girl. He was released more than 10…
17 October 2018 | By GCR Staff The former chairman of Scottish construction company Muirfield, John Stodart, has been disqualified as a director after he was found to have siphoned off more than 880,000 from the company as it was going into administration. The Dundee-based company employed more than 280 workers when it declared insolvency…
By Tim Aldred Posted on: 17th October, 2018 at 8:20 am Simply Corporate, a business rescue and recovery specialst, has launched with the opening of a new office at Ribble Court, Padiham. The practice has been founded by Natalie Hughes, Alison Butler and Andy Platt. Natalie and Andy have worked together for the past ten…
A Perth-based startup that received over $65 million from investors has been placed into liquidation with just $50,000 left in the bank, with a Federal Court judge haranguing the company for having an app that does not work. The startup, Bux Global, was launched in 2016 and spruiked itself as a mobile app which allowed…
This is in reference to the captioned subject. Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements), 2015, we would like to bring to your notice that the 2nd Meeting of the Committee of Creditors (the CoC) of Uttam Value Steels Limited (the Company) was held on 11th October, 2018 to discuss…