The Supreme Court has confirmed UltraTech Cement Ltd. as the winning bidder for insolvent Binani Cement Ltd. In doing so the apex court has upheld last weeks decision by the National Company Law Tribunal and dismissed a petition by competing bidder Rajputana Properties Ltd, owned by the Dalmia Bharat Group. This decision works to the…
DetailsLONDON (Alliance News) – Babcock International Group PLC said Monday cash costs in relation to an ongoing business restructuring programme are not expected to be material, in response a Sky News report regarding exceptional items likely to be incurred by the company in the first half. The engineering services company previously announced that it is…
DetailsThe Company informs your good Office that the Resolution Professional with the approval of Committee of Creditors of the Company had filed an application before Honble NCLT, Mumbai seeking extension of the period of Corporate Insolvency Resolution Process (CIRP) of the Company by 90 days in terms of Section 12(2) of the Insolvency and Bankruptcy…
DetailsA Buxton shoe firm which employed 50 staff has gone into voluntary liquidation. The decision was taken after Bells Shoes lost an account with Clarks which accounted for nearly half of the firms 18m turnover. Redfoot Shoes, which is based in Bacup in East Lancashire, has announced it is investing over 1m to develop the…
DetailsA Buxton shoe firm which employed 50 staff has gone into voluntary liquidation. The decision was taken after Bells Shoes lost an account with Clarks which accounted for nearly half of the firms 18m turnover. Redfoot Shoes, which is based in Bacup in East Lancashire, has announced it is investing over 1m to develop the…
DetailsAs dozens of problem gamblers in Northland are being helped to quit the habit, counsellors are seeing an increase in online gambling that is leaving cash-strapped families further in debt. The rise is worrying those who work with problem gamblers, with one reporting a gambler spending $2000 a night online. Nga Manga Puriri Northland Problem…
DetailsWe would like to inform you that the 3rd meeting of Committee of Creditors of Sterling International Enterprises Limited is scheduled to be held on Monday, 19th November 2018 at 12:30 P.M. IST at SREI Infrastructure Finance Limited, Paradise Building, 51K/51L, Bhulabhai Desai Road, Near Shyam Niwas & Benzer Showroom, Breach Candy, Mumbai-400026 Maharashtra, India.…
DetailsKatie Price goes shopping at POUNDLAND weeks before bankruptcy hearing… as she faces possible homelessness thanks to debts of up to 500,000 By Andrew Bullock For Mailonline Published: 03:03 AEDT, 19 November 2018 | Updated: 06:28 AEDT, 19 November 2018 2.3k shares 132 View comments Katie Price went shopping at high street bargain store Poundland…
DetailsKatie is keen to keep things cheaper (Picture: Quest) Katie Price has turned a touch thriftier after she narrowly dodged bankruptcy last month. While the 40-year-old could still face being declared formally bankrupt, after she was given five weeks to repay her debts, the reality star is clearly making some smart decisions with her money…
DetailsI met a young entrepreneur who runs a debt-solutions business that helps people who cannot get out of their financial mess. Like others in its industry, this business provides budgeting advice, assists clients with payment arrangement with creditors and lends money. Sadly, business is booming. I say sadly because nobody likes to see people wreck…
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