Will include online chat support and mobile phone text support. The B.C. Lottery Corporation reported net income of $1.4 billion from casinos and lotteries in the 2017-18 fiscal year, based on record revenue of $3.3 billion. Stuart Davis / PNG files Almost 2,400 people were referred to counselling by the provinces crisis line for problem…
DetailsCampaigners for stronger government regulation of gambling have called for it to be classed as a public health concern and for betting companies to be required to prove their products are safe before being allowed to launch them. Charles and Liz Ritchie, whose son Jack, 24, killed himself after being drawn into gambling at 17,…
DetailsNEW DELHI: The National Company Law Appellate Tribunal (NCLAT) Friday suggested that all further proceedings for transfer of assets of crisis-hit Infrastructure Leasing and Financial Services Ltd (IL&FS) should take place under the supervision of a retired Supreme Court judge. The new management of the IL&FS is considering assets sales to bail out the company…
DetailsDear Sir/Madam,This is to inform you that pursuant to the Regulation 19 of the Insolvency and Bankruptcy Board of India (Insolvency Resolution Process for Corporate Persons) Regulations, 2016, the Interim Resolution Professional of the Company has called the first meeting of the Committee of Creditors of Kwality Limited, which is schedule to be held on…
DetailsWith the corporate insolvency law nearly fully rolled out, the focus of the government is likely to shift towards implementation of what is probably the more difficult part of the Insolvency and Bankruptcy Code. With the corporate insolvency law nearly fully rolled out, the focus of the government is likely to shift towards implementation of…
DetailsThe collapse of Alpha in May meant structural warranty policies with the company ended immediately. Advantage offers advice on how to ensure vital cover is maintained Thousands of new homeowners have been left without vital structural defects insurance after insurance carrier Alpha went bust. Many homeowners who require the 10-year structural defects insurance will still…
DetailsMUNICH: Ford Motor will shed thousands of jobs at its European operations in a bid to return the business to profitability in a broad restructuring that doesnt rule out shutting down production plants. The carmaker has struggled with an ageing model lineup and a contracting market in the UK, Fords biggest in Europe, which is…
DetailsSouth African consumers are generally not very good at saving or budgeting, so defaults on bonds and rents are always the highest at the start of a new year, according to Rudi Botha, CEO of BetterBond. However, there are some positive steps you can take right away to help make ends meet, says Botha. Get…
DetailsNOIDA: The 3C Company on Thursday became the third major Noida-based developer after Jaypee and Amrapali to become embroiled in insolvency proceedings. In response to a plea by buyers who have not received their flats, the National Company Law Tribunal (NCLT) appointed an interim resolution professional to resolve the financial liabilities of Granite Gate Company,…
DetailsBusiness leaders may increasingly find themselves falling afoul of the law, with an insolvency specialist warning that a looming credit squeeze could see the volume of such cases increase rapidly. Ginette Muller (pictured), of insolvency firm Jirsch Sutherland, said that the property downturn and banking royal commission are weighing heavily on banks and lenders, which…
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