IBC was drafted in a way that it allowed banks and other creditors to invoke the provisions to recover the dues from guarantors, in case the claims were not fully realised through the corporate insolvency resolution process. (Representative Image) NEW DELHI: Insolvency & Bankruptcy Code (IBC) may have helped recover around 31% of claims in…
Russia attack on Kyiv (Photo source: Zelenskyy X) KYIV: Russia launched its deadliest attack on Ukraine’s capital this year early Thursday, killing at least 27 people, injuring 91 others, and damaging around 130 buildings across the city. 74 missiles and 496 drones were launched by Russia overnight, the Ukrainian air force said.Thick plumes of smoke…
Superworms, the larvae of Zophobas morio, are often used as animal feed Scientists tested pet-store ‘superworms’ on animal specimens and found the beetle larvae can clean skeletons for museums without harsh chemicals or bone damage.A common insect larva found in local pet shops is offering museums a safe, cheap, and gentle way to clean animal…
Professor Sumit Sarkar significantly impacted the understanding of Indian nationalism, illuminating its intricacies through comprehensive analysis. He explored the evolution of nationalism, internal disputes, and collective movements, while challenging conventional binaries. His focus on ordinary people’s cravings for justice defined his contributions as a public thinker and citizen historian. This article pays tribute to his…
Strait of Hormuz (AP image) Iran has announced plans to introduce maritime transit fees for ships passing through the Strait of Hormuz within two months, following a 60-day negotiation period triggered by the recently signed memorandum of understanding with the United States, according to a report by The Guardian.The announcement came after Washington lifted its…
Viral immigration lawyer Alexandra Lozano shuts shop in Seattle amid fraud allegations as clients face deportations because of her fake claims in their Green Card applications. Immigration attorney Alexandra Lozano called herself the “lawyer of miracles’ as her career took off and soared, as she claimed that she fixed cases that were impossible to win….