Day: April 13, 2023

Wilful defaulters guidelines

Banks should not ‘earn’ interest on penalty levied on borrowers for non-compliance: RBI

In an important change in rules governing penal charges on loan accounts, the Reserve Bank of India (RBI) has  said...

Poonam Basak suspended

Success of IBC should be judged on number of resolutions not on amount recovered: IBBI Chairman

The success of Insolvency and Bankruptcy Code (IBC) should be evaluated based on the number of resolutions rather than the...

Future Supply Chain Solutions

Resolution professional seeks access to ‘inaccessible’ stores, warehouses of Future Retail

The resolution professional for the corporate insolvency resolution process (CIRP) of Future Retail -- Vijay Kumar V Iyer – has...