Upholds Insolvency Admission by NCLT [Read Order]

The Principal Bench of the National Company Law Appellate Tribunal (NCLAT), has rejected an appeal filed by Aditya Bhatnagar, former promoter and shareholder of Xyron Technologies Ltd., challenging the admission of a Section 7 insolvency petition against the company by the National Company Law Tribunal (NCLT). In a detailed order dated May 30, 2025, the…

APRA finalises student debt treatment guidance

The Australian Prudential Regulation Authority (APRA) has finalised changes to how authorised deposit-taking institutions (ADIs) treat Higher Education Loan Program (HELP) debt repayments when assessing home loan applications. The new reporting standard and regulations (ARS 223.0) come into effect from 30 September 2025. As such, ADI reporting will be under the new reporting standard for…