The Supreme Court of India has, yet again, stepped in to arrest the creeping tendency of corporate debtors to stall Corporate Insolvency Resolution Process (CIRP) by raising spurious defences. In M/s. Saraswati Wire & Cable Industries v. Mohammad Moinuddin Khan & Ors. [Civil Appeal No. 12261 of 2024, decided on 10 December 2025 – 2025…
BitcoinWorld Shocking Audit: COVID Debt Relief Benefited Borrowers with Large Crypto Holdings in South Korea A recent audit in South Korea has uncovered a startling reality about COVID-19 relief programs. The investigation reveals that government-backed COVID debt relief reached borrowers who maintained significant crypto holdings, raising serious questions about the allocation of public funds during…
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The NCLAT has set aside an appeal by SEBI, where the markets regulator had asked the tribunal to recover the penalty imposed by it against an entity related to the diversion of funds in the Religare Finvest matter, saying such claims cannot be filed once the liquidation process begins under IBC. There was no infirmity…
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What’s the worst thing you’ve ever woken up to? A missed alarm? A regretful text? Now imagine waking up in handcuffs, in a casino security room, and being told you owe $75,000 with absolutely zero memory of how you got there. Welcome to Las Vegas, where even your amnesia has a credit limit. Michael Duke Thomson, a 64-year-old…
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