group insolvency

  1. S

    Parliament Passes Amendments to Boost India's Insolvency Resolution Framework

    In New Delhi, on April 1, the Parliament passed amendments to the insolvency law to expedite the resolution of struggling companies and reduce the backlog of cases. Finance Minister Nirmala Sitharaman emphasized that the goal is not to liquidate companies, but to help them operate with...
    • Samir
    • News
    • bank recovery bankruptcy corporate insolvency resolution process (cirp) creditor recovery cross-border insolvency default resolution framework economic recovery financial creditors group insolvency india insolvency admission timeline insolvency and bankruptcy code insolvency resolution process (irp) lok sabha msme insolvency exemption nclat appeals timeline ra rajya sabha sitharaman, nirmala
    • Replies: 0
    • Forum: Business
  2. J

    New Frameworks Aimed at Speeding Up Corporate Bankruptcy Proceedings

    New Delhi, March 10 – The Union Cabinet has given its approval for amendments to the Insolvency and Bankruptcy Code, potentially paving the way for the introduction of the IBC Amendment Bill in the ongoing parliamentary session, according to sources.The proposed legislative updates are based...
    • Jignesh
    • News
    • bankruptcy committee of creditors corporate law corporate resolution cross-border insolvency group insolvency india insolvency and bankruptcy code insolvency resolution process ministry of corporate affairs parliamentary committee union cabinet
    • Replies: 0
    • Forum: National
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