Banks Can Act Against Personal Guarantors Of Insolvent Companies, Rules Supreme Court – BloombergQuint

The Supreme Court ruled that creditors can proceed against personal guarantors of a corporate debtor even while insolvency proceedings are on. The top court said the moratorium envisaged under Section 14 of the Insolvency and Bankruptcy Code will not apply to the personal guarantors. The provision places a moratorium on any suits or proceedings against…

Details

Katie Price insists her house ‘smells INCREDIBLE’ after she’s accused of ‘failing to pick up dog excrement’ at her … – Daily Mail

Katie Price insists her house ‘smells INCREDIBLE’ after she’s accused of ‘failing to pick up dog excrement’ at her £2 million mansion By Olivia Wheeler For Mailonline Published: 18:13 AEST, 16 August 2018 | Updated: 18:23 AEST, 16 August 2018 e-mail View comments Katie Price has revealed that her £2 million mansion ‘smells incredible’ after…

Details

Tonga urges Pacific nations to press China to forgive debts as Beijing defends its approach – ABC News

The leader of Tonga has called on Pacific Island leaders to band together and press China to write off their debts, saying his small nation is suffering “serious” debt distress. Key points: Tonga’s Prime Minister wants to use the Pacific Islands Forum to tackle the Chinese debt issue Akalisi Pohiva says the region should…

Details

Hannah Quinn weeps as she is bailed over alleged samurai sword murder – NEWS.com.au

A FRIGHTENED and tearful Hannah Quinn, the 23-year-old woman charged over the alleged samurai sword murder of Aussie rapper Jett McKee in inner-city Sydney on Friday, has been granted bail. Appearing over video link, Ms Quinn sobbed silently, gasped for oxygen and wrung her hands from Silverwater Womens Correctional Centre as a dramatic new account…

Details

Telstra’s results show how a big chunk of its business is getting demolished as old-school phones disappear – Business Insider Australia

Telstras overall fixed line revenue the money that comes from providing services over traditional phone lines to homes and offices fell by 9.2% to $5.81 billion in 2018. Fixed voice, a component of fixed line revenue which involves traditional phone services, declined even faster, down more than 15% to $2.64 billion. The drop is a…

Details

Almost 65000 Malaysians declared bankrupt in last five years, says Liew – The Star Online

Reports by MARTIN CARVALHO, HEMANANTHANI SIVANANDAM, RAHIMY RAHIM and LOSHANA K SHAGAR  MALAYSIANS numbering 64,632 have been declared bankrupt in the last five years, the House was told. Minister in the Prime Ministers Department Datuk Liew Vui Keong said in a written reply that the highest bankruptcy cases among the individuals, aged between 18 and…

Details