Day: January 8, 2021

Meeting with heads of ARCs

New pre-pack framework allows promoters to keep control of CD; stipulates a shorter timeline

January 8, 2021 0

And the much-awaited pre-pack scheme is here. The government-constituted sub-committee of Insolvency Law Committee has finally drafted the pre-pack framework,...

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Garden Silk Mills

In first resolution of 2021, MCPI Pvt Ltd takes over the reins of Surat-based Garden Silk Mills

January 8, 2021 0

The year 2021 saw its first resolution under the Insolvency and Bankruptcy Code (IBC), when the Ahmedbad bench of the...

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