India’s insolvency framework has just earned a rare global “pat on the back”, with S&P Global Ratings upgrading India’s jurisdiction ranking for insolvency from Group C to Group B on the back of the Insolvency and Bankruptcy Code (IBC). Yet, behind this praise sits a more complex story of revolutionary law, uneven implementation, and a constant tug of war between policy ambition and judicial interpretation.

Why has S&P suddenly become more generous to India’s insolvency regime, and what exactly has changed? According to S&P, the key reason is a visible shift in “creditor-friendliness”: recoveries under IBC are now over 30 per cent on average versus roughly 15–20 per cent under the earlier patchwork of debt recovery…

With this in mind, South Lakes Citizens Advice (your local independent advice charity) is offering essential advice to avoid the New Year blues tipping into the red.

Based in the Westmorland Gazette building in Wainwright’s Yard, in Kendal town centre, South Lakes Citizens Advice offers practical advice and support to thousands of South Lakes residents on a range of issues including debt, welfare benefits, employment, housing and relationships.

Citizens Advice Bureau volunteers (Image: Citizens Advice)

The first port of call for many faced with a dilemma, change in circumstances, need or crisis, they see first-hand the effects of seasonal pressures.

Karen Evans, chief officer at South Lakes Citizens Advice said:…

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Facebook App: Open links in External Browser

There is a specific issue with the Facebook in-app browser intermittently making requests to websites without cookies that had previously been set. This appears to be a defect in the browser which should be addressed soon. The simplest approach to avoid this problem is to continue to use the Facebook app but not use the in-app browser. This can be done through the following steps:

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