Dewan Housing Finance Corporation announced that the e-voting on
resolutions pursuant to the Eighteenth (18th) meeting of the Committee of Creditors of the Company (CoC) concluded on 15 January 2021 at 8 pm IST and the resolution plan submitted by Piramal Capital and Housing Finance (under Option I in terms of the RFRP dated 16 September 2020) was duly approved by CoC by majority voting under section 30(4) of the Insolvency & Bankruptcy Code read with Reg. 39(3) of CIRP Regulations, as the successful resolution plan.
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Other headwinds that hit state budgets include: the disproportionate growth of Medicaid spending; a decline in aid due to federal deficit reduction; shrinking tax bases and unstable revenues; and the fiscal plight of local governments. The recession also widened the hole in state pension funding. In 2017, states collectively could cover only 69 percent of their pension liabilities, down from 86 percent before the recession, according to a 2019 Pew report, though levels varied widely by state.
Unlike states, municipalities of which there are more than eighty-seven thousand, including cities, towns, counties, school districts, and other public entities can file for federal bankruptcy protection, known as Chapter 9 under the U.S. bankruptcy code. Though they are historically rare, there have been some high-profile cases, such as Detroit’s in 2013.
Rupert Grint Credits Baby Daughter Wednesday for His Instagram Record
Celebrity
The Ron Weasley of the Harry Potter film franchise thinks it s his daughter Wednesday who actually broke the internet after he posted her first picture on the photo-sharing platform. Jan 18, 2021
AceShowbiz -
Rupert Grint believed that his baby daughter has played a major part in him making a new Instagram record. Having become the fastest person to reach a million followers on the photo-sharing platform, the Ron Weasley depicter in the Harry Potter film series openly credited baby Wednesday for the achievement. I don t believe it. It s very, very surreal, I never thought I would [join Instagram]. I always said that I wouldn t, and then I just thought, It s been such a crazy [time]. So why not? It s insane, the 32-year-old said of his social media fame in an interview with Entertainment Tonight. I think Wednesday actually broke the internet, personally. She gets the credit.