Day: September 10, 2020

procedural delays

Suraksha ARC withdraws ‘approved’ resolution plan due to delay in legal processes

Suraksha Asset Reconstruction Ltd (Suraksha ARC), an asset reconstruction company, has withdrawn its resolution application for corporate debtor Wind World...

Amendments in insolvency laws

IPA governing board directors may be required to have certain minimum qualifications

The Insolvency and Bankruptcy Board of India (IBBI) has now proposed that the independent and shareholder directors in the governing...