IBC decision approval time surpasses two years

The federal government’s most transformative reform, the Insolvency and Chapter Code (IBC), which was meant to implement a time-bound insolvency course of, is grappling with inordinate delays. Additionally learn: IBC performed key position in revival of actual property sector, says IBBI Chairman Mital  Newest IBBI information confirmed that the typical time for the approval of … Read more

Gujarat shipyards wait to hum once more with enterprise

Bustling with greater than 8,000 employees setting up a number of the most superior transport fleets till a decade in the past, Gujarat’s shipyards are in the present day a pale shadow of their affluent previous. Six out of the greater than 10 shipyards within the state have downed shutters until date, together with ABG … Read more

Go First extends bid deadline to Jan 31 amid chapter safety

Go First lenders have agreed to increase the date of submitting Expression of Curiosity to January 31. The Committee has determined to accommodate solely the 4 candidates that had come forth. A lender knowledgeable businessline that in a current committee of collectors assembly, bankers agreed to allow the submission of expressions of curiosity. After the … Read more