India improved its ease of doing business ranking last year — moving up from 131 to 130 in a list of 190 countries — by reducing the average time taken to start an enterprise and secure a permanent electricity connection, according to 2016 World Bank data. However, an IndiaSpend analysis of these data shows that…
DetailsResearch by The Children’s Society released today also revealed that 46 per cent of families have had to borrow money in order to pay for unexpected expenditures such as fixing broken down cars or dodgy boilers. The survey of more than 2,000 families found that many find themselves trapped in debt with some families spending…
DetailsSouth African law has different types of matrimonial property systems; marriages in community of property, marriages out of community of property, which are subject to the accrual system, and marriages out of community of property, excluding accrual. The most popular one of the systems is being married in community of property. However, although there are…
DetailsAlan McIntosh Homeowners and creditors in Scottish bankruptcies, from the 3rd of April 2017, will pay substantially more when a home is sold by the Accountant in Bankruptcy (AIB) in a sequestration, writes Alan McIntosh. The massive fee hikes, being proposed by the Bankruptcy Fees (Scotland) Regulations 2017, will see the AIB increase their fees…
Details(MENAFN Editorial) Avoid the risk that your gift voucher becomes worthless if a retailer goes into insolvency A radical new way to gift money, free from the risk of retailer insolvency, has been launched in the UK. LoveFromMe is a personalised gift card scheme which can be redeemed anywhere in the World that accepts MasterCard.…
DetailsSouth African law has different types of matrimonial property systems; marriages in community of property, marriages out of community of property, which are subject to the accrual system, and marriages out of community of property, excluding accrual. The most popular one of the systems is being married in community of property. However, although there are…
Details29 May, 2016 Introduction The Insolvency and Bankruptcy Code, 2016 (Code) has just been passed by both Houses of the Indian Parliament. The key objectives of the Indian government in driving this legislation forward were to improve Indias poor ranking on the ease of doing business index created by the World Bank Group and to…
DetailsBy Reuters Published: 18:40 +11:00, 6 March 2017 | Updated: 18:40 +11:00, 6 March 2017 e-mail SOFIA, March 6 (Reuters) – These are some of the main stories in Bulgarian newspapers on Monday. Reuters has not verified these stories and does not vouch for their accuracy. — Bulgarian environmental organisations plan protests over the interim…
DetailsMUMBAI: Indian banks and companies have filed claims worth Rs 4,089 crore in the past three months under the Insolvency and Bankruptcy Code, which seeks to ensure time-bound settlement of insolvency. The code that came into effect in December has given the lenders a new tool to counter the problem of rising non-performing assets (NPAs),…
DetailsIn the week of the Budget, the Government is being urged to help thousands of UK families whose lives are blighted by financial debt. The Children’s Society says it can be achieved with a series of measures that will not cost the Exchequer a single penny. The charity, which believes all children deserve a good…
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