Group insolvency rules likely part of Bill to amend IBC
Financial Express Ahmedabad|December 16, 2024
Need to address stressed asset inter-linkages: Experts
PRIYANSH VERMA

THE BILL TO amend the Insolvency and Bankruptcy Code (IBC), set to be presented in Parliament during the Budget session, may include provisions for the introduction of "group insolvency" norms, according to official sources.

To increase value maximisation of assets, reduce the workload of National Company Law Tribunals (NCLTs), and improve cost efficiency, there is a need to formally codify group insolvency norms, they said.

この記事は Financial Express Ahmedabad の December 16, 2024 版に掲載されています。

7 日間の Magzter GOLD 無料トライアルを開始して、何千もの厳選されたプレミアム ストーリー、9,000 以上の雑誌や新聞にアクセスしてください。

この記事は Financial Express Ahmedabad の December 16, 2024 版に掲載されています。

7 日間の Magzter GOLD 無料トライアルを開始して、何千もの厳選されたプレミアム ストーリー、9,000 以上の雑誌や新聞にアクセスしてください。

FINANCIAL EXPRESS AHMEDABADのその他の記事すべて表示
Financial Express Ahmedabad

Review portfolio at every major life event

Your investment style should evolve as your circumstances change

time-read
1 min  |
January 18, 2025
Financial Express Ahmedabad

Aditya Birla jewellery arm aims to reach 100 stores in 3 years: CEO

THE AVERAGE VALUE of purchases at Indriya stores exceeds that of other new entrants in the Indian jewellery market, the company's chief executive officer Sandeep Kohli said.

time-read
1 min  |
January 18, 2025
Financial Express Ahmedabad

US Supreme Court Upholds Law That Would Ban TikTok

The justices ruled that the law did not violate USConstitution's First Amendment protection against government abridgment of free speech

time-read
1 min  |
January 18, 2025
Financial Express Ahmedabad

Rupee depreciation hurting pharma sector as input costs rise

THE DEPRECIATING RUPEE is taking a toll on the pharma sector with an expected rise in the cost of imported raw materials.

time-read
1 min  |
January 18, 2025
Financial Express Ahmedabad

Imran Khan gets 14-year jail term in graft case

A PAKISTANI COURT on Friday sentenced jailed former prime minister Imran Khan and his wife Bushra Bibi to 14 and seven years in prison respectively after finding them guilty of corruption in the 190 million pounds al-Qadir Trust case.

time-read
1 min  |
January 18, 2025
Financial Express Ahmedabad

Coldplay fans flock to resale sites for tickets

POPULAR BRITISH ROCK band Coldplay will be performing at the DY Patil Stadium in Navi Mumbai on January 18, 19 and 21 and at Ahmedabad's Narendra Modi stadium on January 25 and 26.

time-read
1 min  |
January 18, 2025
Financial Express Ahmedabad

Carmakers look beyond electric

SCHEDULED FOR LAUNCH in FY26, the eVitara promises a range exceeding 500 km with two battery pack options - 49 kWh and 61 kWh.

time-read
1 min  |
January 18, 2025
Financial Express Ahmedabad

AI's rise: Progress, power, and ethical peril

Is AI shaping our future or stealing our humanity? This global race for AI supremacy risks sidelining the very essence of what makes us human

time-read
3 分  |
January 18, 2025
Financial Express Ahmedabad

Rajnath Calls For Stronger Offense And Defence

INDIA'S OFFENSIVE AND defensive responses need to be further strengthened in view of turmoil in the rules-based global order, defence minister Rajnath Singh has said.

time-read
1 min  |
January 18, 2025
Financial Express Ahmedabad

Unhappy new year for investors so far

RECORD ₹13.3L CR WIPED OUT IN FIRST 14 DAYS

time-read
1 min  |
January 18, 2025