Husband of Scottish mum missing for 40 years declared bankrupt over £411k debt – Scottish Daily Record

A former football club vice-chairman, whose wife went missing with her three-year-old son in 1976, has been declared bankrupt. Gordon Macrae, husband of missing mum Renee Macrae, did not defend the action after a fellow Ross County FC director took him to court over an alleged 411,000 debt. Christine Macrae, known as Renee, and three-year-old…

Former Ross County director declares bankruptcy after racking up £400000 debt – Press and Journal

Businessman Gordon Macrae husband of missing Inverness mum Renee Macrae has been declared bankrupt after a fellow Ross County FC director took him to court over an alleged 400,000 debt. A petition for sequestration under the Bankruptcy (Scotland) Act 2016 was raised against Mr Macrae by Leo Daly at Inverness Sheriff Court. The petition was…

IBC: Ruias Offer To Repay Over Rs 54000 Crore To Withdraw Essar Steel From Insolvency – BloombergQuint

Promoters of Essar Steel Ltd., the Ruia family, have offered to repay creditors of the steel firm in an attempt to withdraw it from the insolvency resolution process. In a press statement on Thursday, the companys shareholders said they are willing to pay Rs 54,389 crore to creditors. The company said that Essar shareholders will…

Mumbai court to hear bankruptcy petitions against 15 Videocon companies – Economic Times

NEW DELHI: A single court in Mumbai will hear matters pertaining to bankruptcy proceedings of 15 Videocon group companies pending in multiple courts, the National Company Law Tribunal (NCLT) ruled on Wednesday. NCLT president, Justice MM Kumar, directed that all insolvency proceedings initiated by the State Bank of India against the Videocon group be adjudicated…