Resolving Insolvency

  • Group Insolvency: The Insolvency and Bankruptcy Board of India (IBBI) has set up a 11-member working group under the Chairmanship of former SEBI Chief UK Sinha to go into the concept of ‘Group Insolvency’ and suggest a suitable framework. ‘Group Insolvency’ framework will prevent corporate groups from uncontrollably falling apart in insolvency and thereby thwart the chances of their ....
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Indian Economy