Insolvency and Bankruptcy Code (IBC)

Main time-drain in IBC processes as a consequence of statutory and enforcement points: IIIPI

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Statutory departments and enforcement businesses have to be well-informed about key Insolvency and Chapter Code (IBC) provisions, together with its overriding impact on different laws and the onset of moratorium on statutory proceedings, a brand new IIIPI Survey has advisable. This Survey has discovered that Insolvency Professionals (IPs) —who’re the spine of IBC course of … Read more

Finmin convenes Friday assessment assembly for NARCL efficiency evaluation

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The Division of Monetary Providers (DFS) has convened a gathering with chief executives of Public Sector Banks (PSB) and SBI Chairman Dinesh Kharra on Friday to assessment the working of the Nationwide Asset Reconstruction Firm Ltd (NARCL).  The assembly— to be chaired by DFS Secretary Vivek Joshi — may also assessment circumstances lengthy pending for … Read more