Saturday, February 4, 2023
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DFS Secretary holds review meeting with PSB heads

Vivek Joshi, Secretary, DFS, Ministry of Finance, chaired a full day review meeting with heads of PSBs and financial institutions on Thursday

Govt appoints 15 judicial, technical members at NCLT

The govt has appointed a total of 15 judicial and technical members at the National Company Law Tribunal (NCLT), which is grappling with a shortage of judges

We cannot afford to have IBC lose its sheen, says Nirmala Sitharaman

Finance Minister Nirmala Sitharaman said that one can neither afford to have the IBC legislation "lose its sheen" nor let early stress warnings go unnoticed

‘NCLT disposed of insolvency cases involving nearly Rs 10.5 lakh crore’

The NCLT has disposed of insolvency cases involving an amount of nearly Rs 10.5 lakh crore, excluding liquidation and certain other matters

Insolvency proceedings can be initiated against state-run discoms, gencos: Power Ministry

The Ministry of Power has said that insolvency proceedings can be initiated against state-owned discoms, gencos in case of default

IBC is an evolving process and there is scope for making it more: CEA

IBBI is developing a virtual platform for stressed assets and auction process facility under IBC which will be launched in next 6 months, said Whole Time Member, IBBI

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