NCLT Kochi Allows Second CIRP After Settlement Breach Where Settlement Preserved Creditor’s Right

The National Company Law Tribunal (NCLT) at Kochi has recently admitted an insolvency petition against Soura Natural Energy Solutions India Private Limited, holding that an operational creditor is entitled to initiate fresh insolvency proceedings upon breach of a settlement where the settlement itself expressly preserves such a right. A coram of Judicial Member Vinay Goel…

CBI Raids 10 Locations Over KES 1.6 Billion Punjab National Bank Fraud by NCS Sugars

India’s premier investigative agency, the Central Bureau of Investigation (CBI), executed coordinated raids across ten locations in southern India on Friday. The sweeping operation targeted the corporate offices and residential premises linked to NCS Sugars Limited, its corporate directors, and several unnamed public servants suspected of orchestrating a massive financial fraud against the state-owned Punjab…

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Who qualifies for student loan forgiveness in 2026?

Student loan forgiveness is still available to many borrowers, but the eligibility rules have shifted. Pla2na/Getty Images Borrowers have spent the last few years trying to keep up with a steady stream of changes to the federal student loan system, many of which have had a direct impact on the extra help that’s available for…