Day: December 18, 2020

Transstroy (India) CMD in CBI net on charges of bank fraud

Another insolvent firm found involved in bank fraud; CBI charges Transstroy (India), CMD for Rs 7926-cr loan fraud

December 18, 2020 0

The Central Bureau of Investigation (CBI) has registered a case against Hyderabad-based Transstroy (India) Ltd and its directors for committing...

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Scholars group

Insolvency regulator releases guidelines for hiring professionals during CIRP

December 18, 2020 0

There are a variety of self-styled advisors, who may not be qualified or regulated and that they cannot be hired...

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New Scheme of Education

Can a CoC member be asked to contribute towards CIRP cost?

December 18, 2020 1

By Arvind Mangla The question is whether CoC member(s) is/are required to or can be forced to, provide interim finance...

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