Sebi has introduced a new framework allowing Alternative Investment Funds (AIFs) to retain liquidation proceeds beyond their fund life unde...

Chemists must now have a doctor's prescription to sell cough syrups. The government has changed the Drugs Rules, 1945. This stops over-the-...

Insurers will soon be able to undertake repo and government securities lending transactions. The insurance regulator is developing an opera...

New rules aim to simplify insolvency for MSMEs. Only one valuer will be appointed per asset class, cutting costs. Strict new regulations pr...

The changes, which have come into force with immediate effect, are aimed at providing greater flexibility to InvITs in managing funding req...

Prime Minister Modi urged citizens to postpone gold purchases to curb India's import bill amidst West Asia tensions. While the intention is...

A new Creditor-initiated Insolvency Resolution Process (CIIRP) aims to expedite debt resolution, allowing financial creditors with 51% debt...

The Insolvency and Bankruptcy Board of India (IBBI) has put forward changes to liquidation rules, aiming to make the process smoother. Thes...

IBBI has made amendments to the insolvency resolution process for personal guarantors and voluntary liquidation process. The changes remove...

The scope of mandatory consultation by the liquidator with SCC has been enhanced. Now, SCC may even propose replacement of liquidator to th...

The Insolvency and Bankruptcy Board of India (IBBI) has amended the regulations with the "objective to maximise value in resolution" and th...

"The proposed amendments by curtailing the unwarranted time spent on various activities aim to ensure early completion of voluntary liquida...

The Insolvency and Bankruptcy Code envisages early closure of the liquidation process so that the assets of the debtor are released for alt...

When a company goes into liquidation under the Insolvency and Bankruptcy Code (IBC), generally, the committee of creditors (CoC) appoints a...

With the amendments, a liquidator has to deposit unclaimed dividends and undistributed proceeds in a liquidation process along with any inc...

Now, those who were ineligible are barred from being part of any arrangement at the stage of liquidation.

The amended regulations provide that the resolution professional will disclose the liquidation value to every member of the committee of cr...