Akaant K. Mittal, Advocate, Punjab & Haryana High Court is pleased to announce the commencement of his book on the Third Edition of the authoritative legal commentary on the Insolvency and Bankruptcy Code (IBC). Building upon the strong foundations of the earlier editions, the forthcoming volume will comprehensively incorporate legislative developments, regulatory changes, and judicial pronouncements from the past two years.

To support this extensive revision, the author invites applications for Research Assistants to assist with this scholarly endeavour.

Eligibility Criteria

Applicants must satisfy the following requirements:

• A strong working knowledge of the Insolvency and Bankruptcy Code, along with familiarity with recent…

Synopsis: Reliance Communications and its subsidiary Reliance Telecom are in the spotlight as certain RTL loans have been flagged as fraudulent by the Central Bank of India while the companies undergo CIRP.

The shares of the penny stock company specializing in integrated telecom services, offering wireless/wireline, broadband, enterprise solutions (voice, data, IT), data centers and and operating one of the world’s largest optical fiber networks, are been into the spotlight upon declaring the Loan accounts of its Arm, Reliance Telecom, as Fraud.

With a market capitalization of Rs. 293.15 crores on Wednesday, the shares of Reliance Communications Limited declined upto 2.7 percent, making a low of Rs. 1.05 per share…

India’s Insolvency and Bankruptcy Code (IBC), 2016 was introduced as a transformative reform to resolve corporate distress in a time-bound, efficient, and value-maximising manner. While the law itself remains structurally sound, the institutional framework supporting it is under severe stress. Growing delays, capacity constraints, and jurisdictional overload have triggered a renewed policy debate: Does India need a National Insolvency Tribunal (NIT)?

This article analyses why the creation of a dedicated National Insolvency Tribunal is no longer optional but essential for preserving the credibility and effectiveness of India’s insolvency regime.

Understanding India’s Insolvency Framework

The Insolvency and Bankruptcy Code, 2016…

A bench of Chief Justice Surya Kant and Justice Joymalya Bagchi said in its December 16 order that it is setting up the committee in exercise of its powers under Article 142…

ATLANTA, Ga. (Atlanta News First) — Families across metro Atlanta burdened by medical debt are getting financial relief. A local church is partnering with a national nonprofit to wipe out millions of dollars in unpaid bills.

Spirit and Truth Church in south Atlanta has announced it is helping to eliminate more than $1.5 million in medical debt for families in need by purchasing debt in bulk through Undue Medical Debt, a nonprofit organization that buys medical debt for low-income individuals.

The announcement was made from the pulpit, with church leaders calling it a timely response to a growing crisis.

“Medical debt is the No. 1 cause of bankruptcy across the country,” said Pastor Mark Moore Jr. of Spirit and Truth Church.

Moore said…

Since its introduction in 2020, we’ve seen the Restructuring Plan process used by a number of businesses, including: Virgin Atlantic Airways, DeepOcean, Virgin Active, and Prezzo.  A Restructuring Plan can be used for both SMEs and large corporates.  Read our case study below where we advised on the landmark first use of the legislation to secure the future of an SME in distress.

Our expert lawyers have advised a range of businesses looking at entering into a Restructuring Plan, including advising on the landmark case of Re Houst Limited, the first SME restructuring plan. We’ve also advised creditors of companies which are affected by a proposed Restructuring Plan who need advice about their position and the compromise they’re…

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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:

1. Open the settings menu by clicking the hamburger menu in the top right

2….

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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:

1. Open the settings menu by clicking the hamburger menu in the top right

2….