Thursday, June 16, 2022

Panel proposes timelines for approving resolution plans

Insolvency Law Committee, headed by corporate affairs secretary Rajesh Verma, has suggested measures including introduction of timelines for approval or rejection of resolution plans and use of digital databases for claim submission from creditors.

source https://economictimes.indiatimes.com/industry/banking/finance/panel-proposes-timelines-for-approving-resolution-plans/articleshow/92262698.cms

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