Al-Watan newspaper JUSTICE is fundamental to everything in life. We often criticize societys negligence toward alleviating the suffering of the poor by meeting their basic requirements. We have started this criticism several years ago and it did not go waste as we are yielding its fruits day after day. Like we expressed our displeasure and…
DetailsWritten by Sunny Verma | New Delhi | Published: December 26, 2017 2:47 am More than 500 applications for admission have been rejected, dismissed or withdrawn. Related News Even as the rate of recovery of bad loans has shrunk, the number of cases being filed for corporate insolvency resolution process (CIRP) under the Insolvency and…
DetailsIts that time of the year when we all splash our cash to celebrate Christmas and New Year. Its not uncommon for people to spend more than they originally planned, with the shopping season continuing through the Boxing Day sales and beyond. But many can end up with thousands of pounds of debt. Citizens Advice…
DetailsA controversial judicial interpretation of China’s Marriage Law that makes people pay their ex-spouses’ debts is expected to be revised amid rising demand from the public over the past few years. Shen Chunyao, chairman of the Legislative Affairs Commission of the National People’s Congress (NPC) Standing Committee, said in a report delivered on Sunday at…
Detailsmanner: Sahoo By Manoj Rammohan New Delhi, Dec 25 Steering the “smooth and fast- paced” journey of the insolvency law, the IBBI is now looking to put in place the regime for individual insolvency in a phased manner, according to its Chairperson M S Sahoo. Around 500 corporates have been admitted for resolution and about…
DetailsAl-Watan newspaper JUSTICE is fundamental to everything in life. We often criticize societys negligence toward alleviating the suffering of the poor by meeting their basic requirements. We have started this criticism several years ago and it did not go waste as we are yielding its fruits day after day. Like we expressed our displeasure and…
DetailsNEW DELHI: Steering the “smooth and fast- paced” journey of the insolvency law, the IBBI is now looking to put in place the regime for individual insolvency in a phased manner, according to its Chairperson M S Sahoo. Around 500 corporates have been admitted for resolution and about 100 companies have commenced voluntary liquidation under…
Detailsmanner: Sahoo By Manoj Rammohan New Delhi, Dec 25 (PTI) Steering the “smooth and fast- paced” journey of the insolvency law, the IBBI is now looking to put in place the regime for individual insolvency in a phased manner, according to its Chairperson M S Sahoo. Around 500 corporates have been admitted for resolution and…
DetailsThe Gujarat High Court has issued notice on a Petition challenging the constitutional validity of the Insolvency and Bankruptcy Code, 2016 and the recent ordinance barring Promoters from submitting a resolution plan. The notice returnable on 22 January, 2018 was issued by a Bench comprising Chief Justice R. Subhash Reddy and Justice Vipul M. Pancholi…
DetailsLate cycle behavior is everywhere these days. Governments have stopped worrying about deficits, and now the rest of us are apparently joining the orgy. Corporations, for instance, are buying each other out – mostly with borrowed money – at a record pace: December’s $361 Billion Deal Haul Is the Busiest in a Decade (Bloomberg) –…
Details