Jyoti Structures: NCLT admits corporate insolvency resolution process filed by SBI – Zee Business

Key Highlights:  Jyoti Structures owes over Rs 7,000 crore to bankers Jyoti Structures defaulted over Rs 1,200 crore to SBI Jyoti Structures first company to go for bankruptcy process Jyoti Structures on Monday said that the NCLT has admitted a corporate insolvency resolution process (CIRP) filed by its lead lender State Bank of India (SBI). …

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Rangers hero Barry Ferguson bankrupt with debts of over £1.4million after failing to settle tax bills – The Scottish Sun

BARRY BANKRUPT The ex-Scotland captain was declared insolvent after failing to settle large bills thought to be owed to the taxman FORMER Rangers star Barry Ferguson has been made bankrupt with debts of more than £1.4million. The ex-Scotland captain was declared insolvent after failing to settle large bills thought to be owed to the taxman.…

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Luxury cars and beachfront home, but fraudster only has $200 to … – Newcastle Herald

Lemuel Page An embattled developer and fraudster avoided plummeting into bankruptcy after claiming he only had $200 in his bank account and couldn’t repay the $17 million he owed to former friends and associates. Despite his cries of crippling financial stress, Lemuel Page, 48, is still spotted driving around the Hunter in a luxury Mercedes 4WD and Porsche convertible, both worth…

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