New Delhi: India’s bankruptcy regulator and the central government will consider making mediation mandatory between defaulting companies and their creditors before moving proceedings into bankruptcy courts, two persons informed about the development said. Currently, work is underway to offer mediation as a voluntary option for operational creditors like vendors and service providers under bankruptcy rule maker Insolvency and Bankruptcy Board …
Mint BFSI Summit and Awards: The banking, financial services and insurance industry in India is the backbone of the country’s monetary, industrial and economic ecosystems. Mint BFSI Summit and Awards LIVE: Inderjit Camotra, MD & CEO, Unity Small Finance Bank on merger with Fincare SFB There's great synergy in the geographies they serve. Mint BFSI Summit and Awards LIVE: Debasish …
Defaulter’s Paradise Lost- Demystifying the Insolvency and Bankruptcy Code, 2016, a book written by advocate Anant Merathia, was launched here on Friday. Mr. Merathia said the Insolvency and Bankruptcy Code 2016 was one of the unique legislations which had brought together in the same sphere of discussion, varied subjects such as business, economy, finance, commerce, law and a lot more. …