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。
すでに購読者です ? サインイン
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。
すでに購読者です? サインイン
Review portfolio at every major life event
Your investment style should evolve as your circumstances change
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.
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
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.
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.
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.
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.
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
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.
Unhappy new year for investors so far
RECORD ₹13.3L CR WIPED OUT IN FIRST 14 DAYS