MCA may amend IBC to scrap prior CCI approval for insolvency bids
Business

MCA may amend IBC to scrap prior CCI approval for insolvency bids

[ad_1] The Ministry of Corporate Affairs is actively working on IBC amendments, likely to be introduced in the upcoming Parliament session. | Photo Credit: designer491

Bhushan Steel ruling can help strengthen IBC
Business

Bhushan Steel ruling can help strengthen IBC

[ad_1] The Supreme Court’s recent ruling in the Bhushan Power and Steel Ltd (BPSL) case marks a turning point in India’s evolving insolvency law. Delivered

Standing Committee on Finance recommends direct submission system for IBC resolution plans
Business

Standing Committee on Finance recommends direct submission system for IBC resolution plans

[ad_1] The Standing Committee on Finance under the chairmanship of BJP MP Bhartruhari Mahtab has directed the Ministry of Corporate Affairs (MCA) to implement a

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