Monday, June 1, 2020

IBC tweak challenges flagged

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

No comments:

Post a Comment

Technew

It's the latest in a series of restrictions imposed by the Vietnamese government on social media users. from BBC News - Technology htt...