The Business Recovery & Insolvency Practitioners Association of Nigeria (BRIPAN) has said that a sound insolvency regime and effective dispute resolution process are the key factors for development in any nation. Speaking at the BRIPAN 2016 International Conference with the theme: Nigerias Changing Economy And Emerging Issues In Restructuring And Insolvency, President, BRIPAN, Mr. Sola…
DetailsAfter appointing M.S. Sahoo as chairperson of the Insolvency and Bankruptcy Board of India, the government has finalized the names of four members to the board in order to make it functional. They are: Ajay Tyagi, additional secretary, department of economic affairs; Amardeep Singh Bhatia, joint secretary, ministry of corporate affairs; G.S. Yadav, joint secretary,…
DetailsPUBLISHED: October 2, 2016 6:00 pm During sentencing, Bailiff William Bailhache said: ‘Drug trafficking causes real damage to the people of this Island and by assisting drug traffickers in their trafficking you too have caused the damage to the people of this Island. A GAMBLING addict who attempted to move thousands of pounds out of…
DetailsA draft of the federal bankruptcy law recently approved by the UAE Cabinet is a very welcome development and is expected to yield significant economic benefits. It also fits well with the UAE Vision 2021 National Agenda, one of whose targets is to make thecountry “the worlds first in ease of doing business” a spot…
DetailsThe Ghana Association of Bankers (GAB) says the ongoing restructuring of Volta River Authority (VRA) legacy debts on the books of some local banks is on course. The process would show a reduction of Non-Performing Loans (NPLs) by the end of the year. The GAB noted that the first quarter payment, after the initial deposit…
DetailsBy the time the Las Vegas Sands Corp tried to collect on the gambling debts last year, the two women owed $6.4 million, lost during a few disastrous days of baccarat. But when the Sands asked prosecutors to press criminal charges against Xiufei Yang, 59, and Meie Sun, 52, over the bad debts, attorneys for…
DetailsNew Delhi: The government has appointed four nominees, including two joint secretaries, to the Insolvency and Bankruptcy Board of India (IBBI). M S Sahoo, who has served as member of fair trade regulator CCI (Competition Commisstion of India) and markets watchdog Sebi, took charge as IBBI chairperson on Saturday. Sources said four government nominees have…
DetailsNew Delhi: Government has appointed four nominees, including two joint secretaries, to the Insolvency and Bankruptcy Board of India (IBBI). M S Sahoo, who has served as member of fair trade regulator CCI and markets watchdog Sebi, took charge as IBBI Chairperson on Saturday. Sources said four government nominees have been appointed to the board.…
DetailsThe federal bankruptcy law recently signed by the UAE Cabinet is a very welcome development and is expected to yield significant economic benefits. It also fits well with UAE Vision 2021 National Agenda, one of whose targets is to make the UAE “the worlds first in ease of doing business” a spot that, as per…
DetailsGovernment has appointed four nominees, including two joint secretaries, to the Insolvency and Bankruptcy Board of India (IBBI). M S Sahoo, who has served as member of fair trade regulator CCI and markets watchdog Sebi, took charge as IBBI Chairperson on Saturday. ALSO READ: Flipkart, Snapdeal take sly digs at Amazon Sources said four government…
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