Pursuant to the verbal order pronounced by the Honble Bench of Honble National Company Law Tribunal (Ahmedabad) on March 8, 2019, the resolution plan dated April 12, 2018 submitted by Reliance Industries Limited, JM Financial Asset Reconstruction Company and JM Financial Asset Reconstruction Company Limited (as trustee to JMF ARC – March 2018 – Trust)…
DALLAS, March 9, 2019 /PRNewswire-PRWeb/ –There are challenges couples may face in managing their finances together that is why National Debt Relief shares some valuable tips to help budget and save their money. The article titled “5 Ways You Can Convince Your Spouse To Save Money Together” released February 13, 2019, helps couples get started…
Scientific Games Corporation announced Tuesday that they will be offering $1.1 billion in private notes to mature in 2026. The offering will close on March 19, 2019. The sale of the 2026 notes will cover a series of unsecured notes set to mature in 2022 worth approximately $1 billion.…
couples have a better chance of saving money together when they set common goals DALLAS (PRWEB)March 09, 2019 There are challenges couples may face in managing their finances together that is why National Debt Relief shares some valuable tips to help budget and save their money. The article titled 5 Ways You Can Convince Your…
By Renuka Sane In this season of non-performing assets (NPAs) clean-up, lenders recently moved to invoke the personal guarantees the Ruias had made on the debt taken by Essar Groups power companies. Zee Groups promoter gave a personal guarantee for payment obligations on an irrevocable and unconditional basis to a group of lenders. In other…
In a bid to keep out errant and wilful defaulters from buying back stressed assets, Section 29A was inserted into the Code (Insolvency and Bankruptcy Code) in November 2017. While this has led to a slew of litigations questioning the eligibility of competing bids (Essar Steel), the powers-that-be maintain that the clause is essential to…
30-second summary: Japan has rising levels of problem gambling A number of innovative measures are being proposed by the government to curb this trend Facial recognition technology will be introduced at gambling facilities to refuse entry to problem gamblers Japan is expanding its presence in the gambling space Innovative facial recognition move The Japanese government…
A Sydney family struggling with combined loan repayments of $6500 a month managed to slash that by nearly $4000 by consolidating their debts and refinancing. Tim and Katie Manners recently refinanced their home in The Oaks, near Camden in Sydneys southwest. Mr Manners, who works in sales, had recently re-entered the workforce but the family…
Blockchain and settlement payments technology firm SETL has appointed administrators to handle a restructuring of the business. SETL, which was established by Chi-X founder Peter Randall and appointed the former governor of the Banque De France to its board in January, announced the corporate reorganisation following the completion of a development and investment project in…
On a day when the National Company Law Tribunal (NCLT) endorsed ArcelorMittals bid to take over Essar Steel, the tribunal also gave the green light to a 5,050-crore joint bid by Reliance Industries Ltd. (RIL) and JM Financial Asset Reconstruction Company to acquire debt-ridden textile manufacturer Alok Industries. In July 2017, the Ahmedabad bench of…