The Orissa High Court, Bench comprising Justice Chittaranjan Dash, has ruled that the proceedings under section 138 of the NI Act will sustain against the directors or signatories of the company even if the entity has been declared insolvent under the IBC, 2016.

Katarzyna Zolnierz ‘has been too embarrassed and ashamed’ to tell her family and friends

This Nottingham mother-of-two stole more than £10,000 from her employer after building up “huge” gambling debts during the pandemic.

Nottingham Crown Court heard how since she was caught stealing, Katarzyna Zolnierz “has been too embarrassed and ashamed” to tell her family about her criminal conduct.

The 35-year-old siphoned the cash from customer payments made to the Bilborough firm where she then worked as a business administrator.

Now she has been spared an immediate prison term as custody would have a large…

This Nottingham mother-of-two stole more than £10,000 from her employer after building up “huge” gambling debts during the pandemic.

Nottingham Crown Court heard how since she was caught stealing, Katarzyna Zolnierz “has been too embarrassed and ashamed” to tell her family about her criminal conduct.

The 35-year-old siphoned the cash from customer payments made to the Bilborough firm where she then worked as a business administrator.

Now she has been spared an immediate prison term as custody would have a large impact on her young children to whom she is the sole carer.

Handing her a 10-month jail term, suspended for two years, Recorder Bajraj Bhattia KC said: “You had a position of trust and you abused that position of trust.

“It…

Zoe Adjay, a senior lecturer in hospitality at the University of East London, said Pizza Hut had been “at the forefront of bringing fast food into the UK” in the 1970s, but had struggled to remain relevant amid increased competition.

“The pizza market has become a lot more upmarket,” she said. “There’s a lot more high-end pizza and they’ve taken a huge market share.”

Ms Adjay added that Pizza Hut had also failed to establish itself on social media in the same way as some of its competitors.

Increased operating costs and “ongoing consumer caution” will likely have contributed to Pizza Hut’s challenges, according to Danni Hewson, head of financial analysis at AJ Bell.

“DC London Pie had rescued Pizza Hut’s UK operations from insolvency less…

Phil Mickelson is a legend in his own right, and if you’re even remotely familiar with golf, his name should ring a bell. With more than 45 event wins and six major championships to his name, he’s cemented his place among the most talented athletes in the sport’s history.

Yet behind the calm, confident exterior lies a story of loss and addiction that shadowed Mickelson for more than three decades. Over that time, he wagered more than $1 billion and reportedly lost around $100 million to gambling.

You may know Mickelson as the unflinching golfer who can sink a putt from almost any situation — but you probably don’t know Mickelson the gambler. This is his story.

Phil Mickelson’s…

The National Company Law Tribunal (NCLT) Mumbai bench admitted a petition under section 7 of the Insolvency and Bankruptcy Code, 2016 (IBC) filed by Unity Small Finance Bank Limited against Bafna Motors Private Limited holding that defaults committed after section 10A period are sufficient to trigger Corporate Insolvency Resolution Process (CIRP). It further held that interest liability shall not come to an end merely on the ground that default of principal amount fell during 10A period.

Three in five low-paid workers have skipped meals, cannot heat their homes or have taken out a payday loan to cover essential supplies. Additional research also shows that three-quarters of people in debt are struggling with repayments. Finance expert Laura Pomfret explains that this is where you join all your debts together.

To watch this with subtitles, go to BBC iPlayer and search for Morning Live from 20/10/2025.

On October 14^th 2025, the Insolvency and Bankruptcy Board of India (IBBI) has issued Insolvency and Bankruptcy Board of India (Insolvency Resolution Process for Corporate Persons) (Sixth Amendment) Regulations, 2025. By exercising its power conferred by virtue of section 196 read with section 240 of the Insolvency and Bankruptcy Code, 2016, the IBBI has released the said amendment.