Day: June 8, 2023

Wilful defaulters guidelines

Regulatory framework for compromise settlements, technical write-offs

The Reserve Bank of India (RBI) has proposed to issue a comprehensive regulatory framework governing compromise settlements and technical write-offs...

Audit of Insolvency Resolution Process Cost

Insolvency regulator proposes audit of Insolvency Resolution Process Cost

The Insolvency and Bankruptcy Board of India (IBBI) now proposes an audit of the Insolvency Resolution Process Cost (IRPC). In...

Gail (India)

GAIL says JBF Petrochemicals buy will help reduce import dependencies for PTA

GAIL (India), which recently acquired JBF Petrochemicals (JBFPL) through corporate insolvency resolution process, has said its foray into Purified Terephthalic...