Rare ARC seeks to aggregate Coffee Day Global loans

Rare ARC seeks to aggregate Coffee Day Global loans https://ift.tt/QTGECSy Asset Reconstruction Company plans to become the top lender by buying Cafe Coffee Day chain operator's loans. Rare ARC is said to have offered to pay upfront 60-65% of the outstanding dues. Last week, Rare ARC acquired a loan of Coffee Day Global worth Rs 110.4 crores for Rs 68 crore. CCD has a debt of Rs 960 crores as of 2022.

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What happens if husband dies without a will | Economic Times

Given the uncertainty of life in the face of Covid-19, it is advisable to write a will if you have assets and want to pass them on to your family members smoothly. However, the urgency and importance of a will and nomination are not fully realised because no one believes it will happen to them.Especially vulnerable are dependants like children and homemaker spouses, who have stayed away from the entire process of financial transactions and wealth management. Women are typically unaware of their legal rights regarding property, let alone know how to access it. What should they do if their husbands die suddenly without a will? How is his property distributed and does it differ for women of different religions?1. Assets distributed as per law based on religionIf the husband dies intestate, i.e., without a will, the assets are distributed as per the law based on his religion. For Hindus, Jains, Buddhists and Sikhs, the distribution is governed by the Hindu Succession Act, 1956, and the Hin...

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