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…

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New Delhi: NTPC Limited has announced that the National Company Law Tribunal (NCLT), Delhi Bench, has approved the Resolution Plan jointly submitted by NTPC and Maharashtra State Power Generation Company Limited (MAHAGENCO) for the revival of Sinnar Thermal Power Limited (STPL). The approval marks a significant step forward in the Corporate Insolvency Resolution Process (CIRP) initiated under the Insolvency and Bankruptcy Code (IBC), 2016.

Approval Secures Future of Key Maharashtra Power Asset

Sinnar Thermal Power Limited, located in Sinnar, Nashik, operates a substantial coal-based generation facility with a capacity of 5×270 MW (1350 MW). The plant is considered a strategically important asset for…

Radical changes to Australia’s merger clearance laws that come into effect on January 1 pose a real and deeply problematic impediment to the effectiveness of turnaround and restructuring in Australia.

For decades, our formal restructuring regime has prioritised the rejuvenation of insolvent companies (or as much of them as can be saved) by legislating for swift and decisive processes.

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Facebook App: Open links in External Browser

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Facebook App: Open links in External Browser

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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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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….