The terms insolvency, resolution, bankruptcy, and liquidation are interrelated concepts that form the foundation of the modern financial and legal framework for dealing with financial distress in individuals and business entities. These processes are central to ensuring the stability of credit markets, protection of creditor rights, and efficient utilisation of economic resources.
In India, these concepts are governed primarily by the Insolvency and Bankruptcy Code, 2016 (IBC), which provides a comprehensive mechanism for managing financial failure in a time-bound and transparent manner.

Insolvency

Insolvency refers to the financial condition of a person or entity that is unable to meet its debt obligations as they become due. In…

Please note that by blocking any or all cookies you may not have access to certain features, content or personalization. For more information see our Cookie Policy.

To enable cookies, follow the instructions for your browser below.

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….

Please note that by blocking any or all cookies you may not have access to certain features, content or personalization. For more information see our Cookie Policy.

To enable cookies, follow the instructions for your browser below.

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….

Please note that by blocking any or all cookies you may not have access to certain features, content or personalization. For more information see our Cookie Policy.

To enable cookies, follow the instructions for your browser below.

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….

Please note that by blocking any or all cookies you may not have access to certain features, content or personalization. For more information see our Cookie Policy.

To enable cookies, follow the instructions for your browser below.

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….

STEVENS POINT, Wis. (WSAW) – A local nonprofit is stepping up to help the Stevens Point Area Public School District address a mounting school lunch debt that has reached $32,000.

The Power of 5 announced this week it’s donating just over $5,000 to the district. The funds will be used to offset costs associated with helping students pay for their lunches when they don’t have the money.

For the past four years, the Stevens Point Area Public School District has been covering lunch costs for students who can’t afford meals, but that assistance has created a rolling debt that continues to grow.

“Whether it’s $10 or $100, those dollars are going directly to feed kids,” said Sarah O’Donnell, director of communications for the…

Posted By: Peter Gosnell
8 October 2025

Heavers of Bridport, a family-run business, has been opening for 65 years but will pause all pending customer contracts from tomorrow, it said.

It cites ‘many mounting pressures’, including supply issues, significant rises of utilities, business rates and insurances, and delays in receiving settlement for completed contracts along the reasons, along with a reduction in sales in recent months amid the cost of living crisis.

(Image: Google Maps)

In an emotional statement on the company website, Ross Heaver says: “This is the most difficult announcement I’ve ever had to make. It is with…