Browsing Tag
insolvency
PIC refutes government pension fund insolvency claims
The Public Investment Corporation (PIC), which manages over R2 trillion in funds, is refuting claims circulating on social media that the Government Employee Pension Fund (GEPF) is facing…
Consumer prepayments and insolvency: Is it fair to treat customers as…
What happens when you buy something at a retailer? For most transactions, the answer is simple and straightforward — the retailer provides you with goods, and in exchange, you pay them with…
Indian Performing Right Society moves NCLT against Zee Entertainment, files…
The Indian Performing Right Society (IPRS) Ltd has moved the insolvency tribunal NCLT against Zee Entertainment Enterprise Ltd, claiming a default of Rs 211.41 crore, the media major said in…
Recovery through IBC to get better as macros look up: RBI
The Reserve Bank of India (RBI) believes that the Insolvency and Bankruptcy Code (IBC) is probably the best mechanism for creditors to recover their dues and said the right way to look at…
‘The nights were atrocious’: Emotional Boris Becker recounts prison…
BERLIN: Former tennis superstar Boris Beckersaid he relied on "blood brothers" to protect him in a British prison and said his life was threatened twice in his first interview since being…
‘Serious red flag’: Insolvency experts see increase in collapses in 2023
Business collapses are expected to nearly double next year as experts predict that mounting costs and climbing interest rates combined with a significant slowdown in consumer spending and a…