Tag: Creditors
3 Results
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President approves ordinance to treat home buyers as creditors
Giving significant relief to home buyers, President Ram Nath Kovind on Wednesday gave assent to the ordinance making amendments to the Insolvency and Bankruptcy Code (IBC), which will recognise their status as financial creditors. Being treated as financial creditors would bring home buyers at par with banks and other institutional creditors as they would now …
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June 6, 2018 -
Greece reaches preliminary deal with creditors: Minister
Greece has reached a preliminary deal with its creditors that should pave the way for long-awaited debt relief talks, the Greek finance minister said Tuesday. “The negotiations are concluded,” Euclid Tsakalotos told reporters, according to state agency ANA. After overnight talks, Tsakalotos said a “preliminary technical agreement” had been achieved ahead of a May 22 …
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May 2, 2017 -
Greece reaches preliminary deal with creditors: Minister
Greece has reached a preliminary deal with its creditors that should pave the way for long-awaited debt relief talks, the Greek finance minister said Tuesday. “The negotiations are concluded,” Euclid Tsakalotos told reporters, according to state agency ANA. After overnight talks, Tsakalotos said a “preliminary technical agreement” had been achieved ahead of a May 22 …
Continue reading "Greece reaches preliminary deal with creditors: Minister"
May 2, 2017