Latest Updates Around The World
The private credit market in India is very small compared to the rest of the world, with estimated assets that are managed from $ 25-30 billion from March-end | Photocredit: Prakash Singh Private credit in India is ready for strong growth powered by regulatory restrictions, infrastructure financing and acquisition of stressed assets under IBC, according […]
The Supreme Court suggested on Friday important reforms in the insolvency and bankruptcy code “to restore the belief in the legal and insolvent framework”, even when it encouraged the government to come up with a revival fund to provide financing for stressed real estate projects that undergo insolvency procedure. The APEX court said that the […]
The account has added facilities for various frameworks for group sinks and cross -border insolvency Photocredit: Istockphoto The government introduced changes to the insolvency and bankruptcy code on Tuesday aimed at resolution guided by the creditors, cross-border insolvency and bankruptcy of companies. Finance Minister Nirmala Sitharaman moved the amendment law in the Lok Sabha, after […]
Mumbai: Indian Renewable Energy Development Agency has submitted an insolvency plea against troubled Genol -Engineering on Wednesday about a lack of RS 510 Crore, the Power Finer said in an exchange application.The application was submitted on the basis of section 7 of Theinsvalvency and bankruptcy code.Problems at Gensol unfolded after a Sebi -Sound in April […]
