The public sector behemoth Steel Authority of India Ltd. is planning to commence work on the Tasra coking coal project with Lanco Infratech Ltd. against whom a corporate insolvency resolution process has been initiated. Work is scheduled to begin formally soon and a ceremonial unveiling is scheduled for September 17 the day of Vishwakarma Puja…
Detailsby STAFF The Harold Alfond Foundation and the Finance Authority of Maine today announced the first 20 awardees of the Alfond Leaders program, who collectively will receive up to $685,000 in student loan debt relief. The competitive program, which was launched in late February 2017, provides student loan repayment assistance to people who live and…
DetailsSep 16, 2017 01:32 PM IST | Source: Moneycontrol.com Futuristic Offshore has informed that pursuant to the filing of Corporate Insolvency Resolution Process (CIRP) under Regulation 19 of the Insolvency and Bankruptcy Board of India (Insolvency Resolution Process for Corporate Persons), Regulations, 2016, the application of the Company has been admitted by NCLT under Section…
DetailsThe CEO of Queensland based distributor E3 Style Vanessa Garrard claims that her Company, has not been placed into liquidation, she claims that E3 Style, which is suffering from cash flow problems, was deliberately placed into voluntary administration. Garrard claims that the Company became the largest licensed electronics distributor in Australia and that her Company…
DetailsThere has been a major battle for Germany’s second largest airline that could see it broken up as bidders stake their claims. A final decision on the airline’s future is expected on September 25. An airplane operated by German airline Air Berlin sits on the tarmac at the airport in Munich, southern Germany, on September…
DetailsHyderabad: Insovlency and Bankruptcy Board of India (IBBI) will soon register 100 more insolvency professionals (IPs). It currently has 940 has IPs registered with it, said Navrang Saini, whole time member, IBBI. The process will be continuous. We carry out a due diligence of the applications that come to us. The applications come to us through…
DetailsThe case, which will now be heard by the High Court, has implications for hundreds of others, with some observers warning the future of a key part of Ireland’s insolvency regime may hinge on the outcome. The Circuit Court ruled earlier this month that debtors’ personal insolvency practitioners (PIPs), and not debtors themselves, must seek…
DetailsThe story of Wayne Rooney is one that stretches beyond the football pitch The £51,000 gambling debt he ran up was the start of something problematic He felt the wrath of Sir Alex Ferguson after a night in a Southport cocktail bar His off-the-field behaviour has often contrasted his on-the-field intelligence Some, like manager David Moyes,…
DetailsAlex Wong/Getty Images Many of us are all too familiar with the student loans, but thanks to a new program unveiled by Fidelity Investments, repayment aid from your employer may soon be an option. The problem? It probably wont do much to address the deep racial disparities of the student debt crisis. Advertisement According to…
DetailsHyderabad: The Insolvency and Bankruptcy Board of India (IBBI), which was set up on October 1, 2016, under the Insolvency and Bankruptcy Code, 2016, has so far registered around 940 insolvency professionals (IPs) and is in the process of adding another 100 IPs over the next few months, IBBI wholetime member Navrang Saini said here…
Details