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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.

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Mumbai: The Supreme Court of India has dismissed an appeal filed by Byju Raveendran challenging the April 17 judgment of the National Company Law Appellate Tribunal (NCLAT) concerning the settlement between ed-tech major Byju’s and the Board of Control for Cricket in India (BCCI).

A bench comprising Justices JB Pardiwala and KV Viswanathan refused to interfere with the NCLAT verdict. The Chennai Bench of NCLAT had earlier held that the BCCI settlement could not be treated as a pre-Committee of Creditors (pre-CoC) settlement. The tribunal directed that the settlement proposal, as well as BCCI’s application for withdrawal of the Corporate Insolvency Resolution Process (CIRP), be placed before the Committee of Creditors (CoC)…

Sen. Bernie Sanders (I-Vt.) on Sunday again cited an estimate of 530,000 medical bankruptcies a year, saying it shows why his Medicare for All plan is urgently needed.

Sanders Highlights U.S. Medical Bankruptcy Crisis

In a post on X, Sanders contrasted the “number of people who go bankrupt a year due to medical debt” in rich countries. Germany, France, the U.K., Japan and Canada were all listed as “0,” while the United States appeared alone with a “530,000” figure, followed by his line, “Yes. We need Medicare for All — NOW.”

In a significant ruling, the National Company Law Appellate Tribunal (NCLAT), Chennai, has invoked its supervisory power of Tribunal under section 231 and granted a final 60-day extension to implement the arrangement scheme under sections 230-232 of the Insolvency and Bankruptcy Code (IBC) 2016.

The Tribunal quashed the cancellation of the Scheme of Arrangement earlier ordered by the National Company Law Tribunal (NCLT), Chennai.

The case arose during the liquidation of RA Samy Trading Pvt. Ltd., whose corporate insolvency resolution process had failed in 2019, leading to liquidation in 2021. In December 2022, the Stakeholders’ Consultation Committee approved a Scheme of Arrangement proposed by C Ganesh, the…

One year ago, Construcciones Ático declared bankruptcy, incurring debts of €2.5 million, as previously reported by Atlántico Hoy. Now, the time has come for its parent company, Macruz Inversiones. The Commercial Court number 2 in Santa Cruz has declared voluntary insolvency proceedings and has intervened in the management and control of the company’s assets.

Additionally, the court has appointed the Madrid-based firm MGI as the insolvency administrator.

Background of the Company

Macruz began its operations in 2003 with a capital of €3.1 million. Gabriel Marrero Cruz has served as the sole administrator since its inception.

Subsidiaries and Financial Situation

Macruz acts as a holding company, primarily involved in…

Somalia, 1 December 2025 – Somalia is set to finalize its debt relief agreement with the Paris Club by the end of 2025, according to Minister of Finance, Bihi Iman Egeh.The country has successfully negotiated debt forgiveness with nine of the ten creditor nations, leaving Spain as the last remaining creditor.Speaking on the Miizaan Podcast, broadcast by Dawan TV on Saturday, Minister Bihi shared that since the announcement of Somalia’s debt relief at the close of 2023, the country has made significant strides in talks with individual Paris Club members. “Nine out of the ten countries have already forgiven their debt, resulting in 100 percent of those debts being written off,” Minister Egeh stated.Paris Club is an informal group of…

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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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Backdated to June 1 before the last indexation, the cut applies to Tasmanians with a student debt – including HELP, Vocational Education and Training (VET) Student Loans, Australian Apprenticeship Support Loans, Student Start-up Loans, and other student loans.

The Calcutta High Court has quashed a ₹4.28 crore Goods and Services Tax (GST) demand raised for the financial year 2019–20 against a corporate debtor (CD) sold in liquidation as a going concern, reaffirming the IBC’s “clean slate” principle.

The company, M/s Rabirun Vinimay Pvt. Ltd., after failing to achieve resolution under the Corporate Insolvency Resolution Process (CIRP), was admitted into liquidation in March 2020. Subsequently, it was sold as a going concern, with the sale confirmed by the National Company Law Tribunal (NCLT) in December 2023.

The NCLT order had explicitly applied the Supreme Court’s ruling in Ghanashyam Mishra and Sons v. Edelweiss Asset Reconstruction Co. Ltd. (2021), which held…