IBBI Disciplinary Committee Suspends Insolvency Professional’s Authorization for Six Months for Acting Without Valid AFA [Read Order]

The Insolvency and Bankruptcy Board of India’s Disciplinary Committee has ordered a six‑monthsuspension of the Authorisation for Assignment (AFA) of an insolvency professional, after finding that he accepted and acted on the Corporate Insolvency Resolution Process (CIRP) of a company without holding a valid authorisation. The matter arises from the CIRP of Suich Industries Limited,…

NFCC Increases Debt Relief Program Eligibility While Recovering $1 Billion Using FICO Score Open Access Program

BOZEMAN, Mont. – March 3, 2026 – FICO (NYSE: FICO) Highlights: The National Foundation for Credit Counseling (NFCC) and its Member Agencies are participating in the FICO® Score Open Access for Credit & Financial Counseling Program to power innovative Debt Reduction Options (DROs) that allow consumers to repay 50-60% of outstanding debt on sustainable terms Over a year…

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