Resolution plan

IBC decision approval time surpasses two years

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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

Go First extends bid deadline to Jan 31 amid chapter safety

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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