A Indian man threw acid at his wife when she refused go to his friends who had been gang-raping her as compensation for her husbands gambling debts, police claim. The alleged abuse occurred last Saturday night (local time) in the Bhagalpur district in Indias northeastern state of Bihar, the Times Of India reported. Although alcohol…
DetailsDecember 17, 2020 00:00 ET | Source: Elite Document Management Solutions San Diego, California, Dec. 17, 2020 (GLOBE NEWSWIRE) — America is in a dire debt situation, at least if the available statistics are anything to go by. Over 138 million Americans are unable to stay up-to-date with their debt payments while a significant number…
DetailsThis year, the federal government passed a range of new legislation to help small businesses withstand the effects of the COVID-19 pandemic. While some of these initiatives are familiar, such as JobKeeper and changes to insolvency, from January 1, 2021, important changes will occur. Here are four changes SMEs need to know. 1. JobKeeper extension…
DetailsThe Board of Sunedison Infrastructure at its meeting held on 15 December 2020 have accorded their approval for capital contribution to be made by the Company amounting to Rs 18.66 crore in Sherisha Solar LLP, under the provisions of the Limited Liability Partnership Act, 2008 (LLP Act) by way of execution of a limited liability…
DetailsGrant funding to be re-purposed to pay 75 per cent of rent arrears to landlords Assistance to prevent evictions at the end of the COVID-19 emergency period To qualify, landlords must offer existing tenants a minimum six month agreement The McGowan Government will expand the Residential Rent Relief Grant Scheme to assist tenants facing financial…
DetailsBourbon Arctic – Bourbon photoBy The Maritime Executive 12-16-2020 06:33:36 The Commercial Court of Marseilles approved the recovery plan for Bourbon Maritime after an agreement was reached with the creditors. The decision completed the reorganization proceedings that began nearly 18 months ago. The company expects to complete the financial and capital restructuring of the group…
DetailsWith tourism battered by the pandemic and mass gatherings shut down, some local governments are having to make good on those pledges. Maryland Heights had to step in and help even before its ice centre and music arena got a chance to fully debut. Financed with $US55.5 million ($73.4 million) of bonds, the ice centre…
DetailsEleanor Temple, Yorkshire Chair of R3 Eleanor Temple, chair of insolvency and restructuring trade body R3 in Yorkshire and a barrister at Kings Chambers in Leeds, responds to todays publication of Novembers corporate and personal insolvency statistics for England and Wales: The increase in corporate insolvency numbers in November has been driven by a rise…
DetailsNEW DELHI: Markets regulator Sebi on Wednesday decided to tweak norms pertaining to 25 per cent minimum public shareholding for companies which undergo corporate insolvency resolution and seek relisting following the process. Besides, it decided to enhance disclosure for such companies, Sebi said in a statement after its board meeting. The move would ensure revival…
DetailsMember Article Corporate insolvencies increased by 4% to 889 in November 2020 compared to Octobers figure of 862, and were 41% lower than November 2019s figure of 1,512. Personal insolvencies fell by 22% in November 2020, with 9,319 compared to Octobers figure of 11,945, and were 3% lower than November 2019s figure of 9,568. Eleanor…
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