Gambling is considered as adult entertainment; however, there is no denying that it can be addictive. There is an increasing number of those suffering from gambling addiction. in the US and also in many other countries across the globe. While gambling is regulated in the US the number of gambling…
Personal insolvencies totalled 12,779 from 10,602 in 2017-18. Estimates for 2018-19 are provisional until final figures are published on 24 July 2019. Most of the increase was down to protected trust deeds (PTDs), which increased by 32.9% on the previous year, reaching 7,917 compared to 5,958 in 2017-18. Overall, the number of bankruptcies and PTDs…
Subject: Disclosure under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (LODR) read with Para 16(1) & (g) of Schedule III of LOOR – Results of Voting by members of Committee of Creditors. Dear Sir/Madam,Results of voting by the members of Committee of Creditors.In compliance of Para 16 (f) of part A…
Disclosure under Regulation 30(2) read with Schedule III of Securities and Exchange Board of India (LODR) Regulations, 2015 – Post – facto Outcome of the Second Meeting of Committee of Creditors of Punj Lloyd Limited Dear Sir/Madam, Pursuant to Regulation 30 (2) of Securities and Exchange Board Of India (Listing Obligations & Disclosure Requirements) Regulations,…
NEW DELHI: Resolution plans under IBC have yielded 200% of liquidation value for creditors in addition to rescuing viable firms, IBBI Chairperson M S Sahoo has said. “They are realising, on an average, 45 per cent of their claims through resolutions plans under the Corporate Insolvency Resolution Process (CIRP), which takes on average 300 days…
Image copyright Reuters Image caption Inspectors found a string of environmental breaches at the HES site in Shotts. Clinical waste firm Healthcare Environmental Services (HES) has gone into liquidation four months after all of its staff were made redundant. Accountants BDO have been appointed to the Lanarkshire-based company which lost multi-million pound contracts with NHS…
Germanys Johs Thode has finally exited the shipowning business. The Hamburg-based shipowner is understood to have sold its last vessel, the 1,118-teu Hanse Fortune (built 2006). The container feeder vessel was the last of four vessels to be sold in the past few weeks. Details of the transaction remain unclear, but German financial sources said…