These Photographic Highlights Of Camp Bisco Will Make You Wish You Were There

first_imgLoad remaining images STS9Full Gallery (by B.a.D Photography): This year’s Camp Bisco was another one for the books, with a diverse lineup, high-energy crowd, waterpark adventures and more at the festival’s new(ish) site of Montage Mountain in Scranton, PA. With multiple nights of The Disco Biscuits as well as top-notch acts like STS9, Odesza, Big Grizmatik, Lotus, Zeds Dead, Lettuce, Anderson Paak, Dopapod, The New Deal, Papadosio, American Babies and so many more, Bisco’s 14th year may have been its best yet.Djivan Schapira was on the scene to capture all of the action. Check out some of our favorite shots, followed by a full gallery at the bottom.Anderson PaakDopapodSpace JesusSnailsLotusRuss LiquidLettuceDisco BiscuitsOdeszaDisco BiscuitsGRiZlast_img read more

Insolvency resolution within 180 days: New law

first_imgNew Delhi, May 30 (PTI) Insolvency resolutions of companies and individuals will be completed within 180 days, as per a new law which has got the nod from President Pranab Mukherjee.Insolvency is a situation where an individual or a company is unable to repay outstanding debt.The legislation has a provision for imposition by appropriate authority a minimum penalty of Rs one lakh and extendable up to Rs one crore on “any person initiating the insolvency resolution process or liquidation proceedings fraudulently or with malicious intent”.The Insolvency and Bankruptcy Code, 2016, got the presidential assent on Saturday, according an official notification.A Bill in this regard was passed by Rajya Sabha on May 11. Lok Sabha had given its nod to it on March 5.The Finance Ministry had termed the bankruptcy code as the “biggest economic reform” that will also promote jobs, availability of credit and ensure timely resolution of financial distress of companies.As per this law, information utilities would be created to provide creditors with information about borrowers such as how much money has been borrowed by the person or entity.”The corporate insolvency resolution process shall be completed within a period of one hundred and eighty days from the date of admission of the application to initiate such process,” according to the legislation.If, any person initiates the insolvency resolution process or liquidation proceedings fraudulently or with malicious intent for any purpose other than for the resolution of insolvency, or liquidation, the adjudicating authority may impose upon such person a penalty which shall not be less than Rs one lakh, but may extend to Rs one crore, it said. (MORE) PTI AKV SMN SC SMNadvertisementlast_img read more