The Delhi High Court has requested the assistance of the Central government regarding a communication from the Supreme Court of England and Wales in the Nirav Modi-Bank of India matter.
An FIR has been filed against HDFC Bank's MD and CEO by a certain Mehta family that defaulted on a bank loan provided back in 1995. The private lender informed stock exchanges on Sunday evening, as it vowed to continue all lawful remedies to recover the dues from the defaulter.
Millions of Chinese borrowers have been blacklisted for failing to pay their debts and are mostly between the ages of 18 and 59, Voice of America (VOA) reported.
After online payment platforms like Alipay and WeChat replaced cash as the most used payment method in China, many stores refused cash payments, and some defaulters said it had become difficult for them to even buy food.
While presiding over the 13th Triennial Convention of Himachal Pradesh Koli Samaj at Rohru in Shimla on Friday, the Chief Minister said that the present state government was committed to the welfare of all the sections of society with a special focus on the vulnerable sections.
New Delhi [India], November 30 (ANI/Hecta): The Keystone Knowledge Park was inaugurated by the Chief Minister of Haryana Manohar Lal Khattar in 2017 to promote R&D in Pharma, FMCG and Agri. This property was mortgaged with Indian Bank by the developer and is now being sold under the SARF
Vientiane [Laos], October 12 (ANI): The escalating debt crisis in Laos is pushing the country toward a meltdown and even experts believed that Vientiane is on the brink of loan default.
Islamabad [Pakistan], January 20 (ANI): Pakistan economic struggle has started to increase under Imran Khan's Pakistan Tehreek-e-Insaf (PTI) compounding with the increase in domestic inflation rates and external loan defaulting.
New Delhi, Aug 27 (ANI) The Supreme Court on Thursday reserved its order on a plea filed by fugitive businessman Vijay Mallya seeking a review of its May 2017 order holding him guilty of contempt for transferring USD 40 million to his children in violation of the court's order.
Mumbai (Maharashtra) [India], June 8 (ANI): Five offices of alleged loan defaulter travel firm Cox and Kings in Mumbai were searched by teams of the Enforcement Directorate in connection with the Yes Bank scam case on Monday, sources said.