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One in four young people gamble to pay bills

Eight in ten gamblers aged 18-24 (83%) will bet more frequently in 2026 due to major sporting events like the World Cup, with a quarter (25%) doing so to help cover essential bills, according to new research from Nationwide. By comparison, less than half (37 per cent) of those over 55 expect to gamble more.…

Limitation against Corporate Guarantor Commences from Invocation of Guarantee, Not NPA Classification: NCLT Admits Insolvency Petition [Read Order]

The National Company Law Tribunal (NCLT) Kolkata Bench has held that the limitation period for initiating insolvency proceedings against a corporate guarantor commences from the date of invocation of the guarantee and not from the date on which the borrower’s account was declared Non-Performing Asset (NPA). The Financial Creditor had extended various credit facilities to…

No Cookies | The Advertiser

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No Cookies | Daily Telegraph

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Why Australia’s HECS-HELP system is under pressure

Rising costs At first, HECS-HELP fees increased steadily but not alarmingly. That changed in 2020 with the introduction of the Job-ready Graduates Package, a sweeping reform that more than doubled fees for many humanities subjects, while the cost for STEM, nursing, education and health courses were reduced. “Previously, the system broadly aligned costs with expected…

Corporate Guarantor Cannot Escape CIRP Despite Parallel Proceedings against Principal Borrower: NCLT Admits ₹17.54 Cr Default [Read Order]

The National Company Law Tribunal (NCLT) Kolkata Bench has admitted a Insolvency application filed by Bank of India against Bahubali Realbuild Private Limited holding that simultaneous insolvency proceedings can continue against both the principal borrower and the corporate guarantor under the Insolvency and Bankruptcy Code 2016 (IBC). The petition was filed by Bank of India…

LiveLawBiz IBC Weekly Digest: May 25

Supreme Court Declines Ex-NCLAT Member’s Plea Challenging Post-Retirement Practice Restriction Before NCLT, NCLAT Case Title : VIJAI PRATAP SINGH vs UNION OF INDIA Case Number : W.P. (C) No. 670/2026 The Supreme Court on Wednesday declined to entertain a writ petition filed by former National Company Law Appellate Tribunal (NCLAT) Technical Member Vijai Pratap Singh…