The Insolvency and Bankruptcy Board of India (IBBI) released a significant Discussion Paper on November 17, 2025, aimed at addressing practical gaps and strengthening the integrity of the Corporate Insolvency Resolution Process (CIRP). The proposals focus on increasing transparency, protecting real estate allottees, and ensuring accountability in decision-making within the Committee of Creditors (CoC).

There is a detailed breakdown of the four key proposals introduced by the IBBI.

1. Protection for Real Estate Allottees: Mandatory Inclusion in IM and Resolution Plans

The Problem:

Currently, many real estate allottees fail to file formal claims within the prescribed timelines. Consequently, they are often excluded from…

The pioneer in company liquidation in Estonia is now making its fast, proven service accessible to foreign-owned companies in the country.

Likvidaator, Estonia’s leading liquidation firm, has announced the launch of its new English services and customer support for e-resident company liquidation. With this major expansion, foreign-owned companies can now leverage Likvidaator’s trusted company liquidation services.

This expansion marks a first in Estonia, making Likvidaator the first liquidation company to specifically serve the needs of foreigners and E-residents navigating Estonian OÜ liquidation. As the country’s community of E-residents and foreign-owned companies grows, Likvidaator has positioned itself as the trusted partner for…

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An RP is a person who conducts a corporate debtor’s…

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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

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GREENVILLE, N.C. (WITN) – Medical debt is a burden that affects millions of North Carolinians.

“How can I pay off medical debt?” Pitt County resident Marlyn Hemby says. “I don’t want to go back to the hospital because I still owe them money.”

Many in need of medical care are thinking the same thing, but with Governor Josh Stein’s new medical debt relief program, there might be an end in sight for those facing relentless bills.

On Wednesday, Stein visited Greenville to talk about the program, which has relieved $6.5 billion in medical debt for people across the state.

“Debt is a real burden on North Carolinians, and 2.5 million, that’s about 20 to 25 percent of the state, have now had that debt relieved,” Stein says.

The…