Many questions remain unanswered; govt should consult RBI, lenders and other stakeholders before going for ordinance, experts say. Just as financial and operational creditors can initiate the IBC process on a company, the code allows the corporate debtor to opt for self-insolvency. RBI is likely to insist that it should have the final say on any change in the definition of default in IBC in the context of the pandemic.
from Economy-News-Economic Times https://ift.tt/3ey1ts6
Subscribe to:
Post Comments (Atom)
Technew
It's the latest in a series of restrictions imposed by the Vietnamese government on social media users. from BBC News - Technology htt...
-
The Centre on Saturday circulated two options for states to borrow and meet the GST shortfall, which will be repaid via an extension of the ...
-
The manufacturers of the main products such as tender coconut water, coconut oil and desiccated coconut powder are suffering huge loss with ...
-
Strongly refuting the reports that the government has moved a proposal for reducing the retirement age of government employees to 50 years, ...
No comments:
Post a Comment