The simplified process currently available to small firms under the IBC will be expanded to some larger firms, among other changes.
January 20, 2023Under the new framework, ARCs can act as resolution applicants under the Insolvency and Bankruptcy Code.
October 17, 2022Special situation funds can invest in stressed loans, security receipts issued by ARCs, or securities of distressed investee companies.
February 4, 2022The framework will provide a mechanism for foreign creditors to obtain recognition of overseas proceedings in local courts.
December 1, 2021Ratings agency puts case for integration of ESG risks into financial reporting using “common set of internationally comparable metrics”.
November 2, 2020