IBC overhaul: Parliament panel seeks advance ruling system; can these fixes speed up resolutions?

A parliamentary panel has proposed significant reforms to India’s insolvency framework, advocating for an advance ruling mechanism to provide pre-admission clarity and reduce litigation. The committee also backed integrating mediation and a transparent ‘no dues’ certificate system for revitalized companies. Stricter penalties for frivolous appeals and enhanced NCLT capacity were also recommended to streamline the…

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‘Blatant lies’ portraying Sonam Wangchuk as anti-national: Wife Angmo

Climate activist Sonam Wangchuk’s wife, Gitanjali Angmo, vehemently condemned “blatant lies” and “baseless” anti-national narratives against him. She labeled his recent NSA arrest and transfer to Jodhpur jail a “witch-hunt” aimed at weakening his Ladakh Sixth Schedule movement. Angmo pledged to use the legal system, challenging accusers with facts, asserting they will not rest until…

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PGTI suspends 17 golfers for playing IGPL: Controversy erupts in Indian golf

The PGTI faces backlash after suspending 17 golfers, including Gaganjeet Bhullar, for participating in the IGPL Invitational Tournament. Critics argue the suspensions are unfair, as affected players weren’t eligible for the concurrent Chennai Open. Allegations of selective enforcement and governance issues have prompted legal challenges, igniting a debate about player rights and transparency within Indian…

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Andhra Pradesh: HSL hosts flag-off of ‘Naman’ car rally commemorating 100th indigenous warship

The ‘Naman’ Car Rally, celebrating the commissioning of the 100th indigenous warship, INS Udaygiri, was flagged off from Visakhapatnam by Rear Admiral RS Dhaliwal. The initiative highlights India’s growing maritime capabilities and the Warship Design Bureau’s achievements. The rally connects India’s maritime heritage with its modern shipbuilding prowess.

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