G7 Pledges Faster Debt Relief as Framework Stalls

G7 summit in Evian G7 leaders meeting in France this week called for faster debt relief, even as the main tool for delivering it has reached only four countries, all African. At their summit in Évian from June 15 to 17, G7 leaders said rising debt burdens threaten global stability and recommitted to delivering relief…

Study shows that Florida and Georgia rank among top states where people search for financial help

Are you financially stressed? A new study by Coinfully.com, which analyzed Google searches tied to money worries, found Florida and Georgia rank among the top states where people are searching for help. The study tracked more than 150 financial-stress-related terms people look up online—phrases like “debt help,” “cheap car insurance,” “rent help,” “cash advance,” and…

Vandana Garg (RP) v. Mysore Petro Chemicals: Scope of Section 14 Moratorium and the Survival of Underlying Real Estate Claims in CIRP – IndiaLaw LLP

The intersection of the Insolvency and Bankruptcy Code, 2016 (IBC) and sector-specific regulatory regimes continues to generate significant jurisprudential debate, particularly concerning the scope and effect of the moratorium under Section 14 of the Code. The National Company Law Appellate Tribunal (NCLAT), Principal Bench at New Delhi, addressed one such critical interface in Vandana Garg…

Corporate Insolvency Process Under Scanner: ED Searches 17 Locations Across Maharashtra And Delhi In Insolvency-Linked Money Laundering Probe

Enforcement Directorate teams conducted searches across Maharashtra and Delhi as part of a money laundering probe linked to insolvency resolution transactions | Representative Image Mumbai, June 16: The Enforcement Directorate (ED) on Tuesday carried out extensive searches across Delhi and Maharashtra as part of an ongoing money laundering investigation linked to alleged irregularities in a…