Surge in personal guarantor cases under IBC in FY23

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Personal guarantors of loans taken by bankrupt companies are in the dock as lenders are increasingly invoking such guarantees under the Insolvency and Bankruptcy Code (IBC). In the first three quarters of the ongoing fiscal 2023, National Company Law Tribunals (NCLTs) have admitted 117 such cases against personal guarantors, compared with 28 in the entire … Read more

Late Surge Leads West Ranch to Victory at Nike Extravaganza

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The ball changed area codes in the blink of an eye, a team that tried to slow down at supersonic speeds. As the Santa Clarita West Ranch Wildcats finalized a 78-68 victory over Bishop O’Connell of Virginia on Saturday, rising in the fourth quarter, point guard Darrell Morris broke free and skied to the floor … Read more

Satellite images show surge in activity at China crematoriums as Covid outbreak worsens

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Fresh satellite images of over a dozen funeral homes across China showed a spike in activities in December and January as Covid-19 cases raged in the country. The images taken over a period of time in December and January by space technology firm Maxar across six districts showed expansion of funeral homes and a spike … Read more

WHO warns of ‘risk to life’ as COVID surge in China accuses Beijing of downplaying death toll

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The World Health Organization is “concerned about the risk to life in China” it said on Wednesday as it warned that information from Beijing was not giving an accurate picture of the impact of the coronavirus. WHO Director-General Tedros Adhanom Ghebreyesus said he understood why many countries have imposed testing restrictions on travelers arriving from … Read more

Covid: EU health officials meet to discuss response to surge in cases across China

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Health officials from across the EU are holding talks to try to coordinate very different views on how to respond to China’s decision to lift its Covid-19 restrictions despite infections surging across the country. EU health officials meet to discuss response to surge in cases across China The scale of the outbreak in China and … Read more

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