A bench of the National Company Law Tribunal (NCLT) New Delhi, has ordered notices to the Union government and Chairman, Insolvency and Bankruptcy Board of India (IBBI), seeking their views on the the issue of voting rights of homebuyers and financial creditors of Jaypee Infratech Limited. The case relates to a deadlock over resolutions to…
Put away those credit cards, gamblers in the UK. The government through the UK Gambling Commission is going to shut down their use.The thinking behind the decision is that consumers should limit their wagers to their current available funds. Jeremy Wright, attorney general for England and Wales is in agreement…
Yota a dual display smartphone manufacturer, goes bankrupt declared the Cayman Islands Supreme Court in a recent ruling. According to the local newspaper, Cayman Islands Gazette, Yota requested for liquidation per local laws a few days ago. The court appointed FTI Consulting employees David Griffin and Joshua James Taylor as the Joint Official Liquidators of…