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Consumers feel less judged by AI debt collectors

Debt collection agencies are starting to use automated voice systems and AI-driven messaging to handle consumer calls. These systems help scale outreach, reduce call center staffing demands, and offer 24/7 service. A new study covering 11 European countries found that this shift changes how consumers emotionally experience debt collection, especially around stigma and empathy. The…

Section 7 IBC | Failed Restructuring Does Not Reset Default Date; Viability of Corporate Debtor Irrelevant at Admission Stage: Supreme Court

The Supreme Court of India has dismissed an appeal filed by Power Trust, the promoter of Hiranmaye Energy Ltd., challenging the initiation of the Corporate Insolvency Resolution Process (CIRP) against the corporate debtor. The Bench, comprising Chief Justice of India Surya Kant, Justice Joymalya Bagchi, and Justice Vipul M. Pancholi, upheld the orders of the…

Hampshire firm responds to rising corporate insolvencies

Rising costs and creditor pressure are driving up corporate insolvencies. According to Hampshire-based firm Azets, all three main corporate insolvency processes saw increases in January 2026 compared to December 2025, despite an overall year-on-year decline. Chris Tate, partner in restructuring and insolvency at Azets, said: “More broadly, it’s a case of new year, same problems…

S.7 IBC | Corporate Debtor’s Ability To Pay Debt Not To Be Considered Before Admitting Insolvency Petition : Supreme Court

The Supreme Court on Wednesday (February 18) reaffirmed that the remedy under Section 7 of the Insolvency & Bankruptcy Code (IBC) to initiate the Corporate Insolvency Resolution Process (CIRP) is not discretionary but mandatory, leaving the adjudicating authority with no option but to admit the application once the existence of a debt and a default…

No Cookies | Daily Telegraph

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No Cookies | Daily Telegraph

Please note that by blocking any or all cookies you may not have access to certain features, content or personalization. For more information see our Cookie Policy. To enable cookies, follow the instructions for your browser below. Facebook App: Open links in External Browser There is a specific issue with the Facebook in-app browser intermittently…