Finmin proposes to remove the condition from Indian residents who hold key positions in insurance companies for investments

Finance Minister Nirmala Sitharaman The Ministry of Finance has proposed to delete provisions with regard to the condition of Indian residents who have the majority of directors and important management positions in insurance companies with foreign investments. Design for changes in the rules of the Indian insurance companies (foreign investments), 2015, is considered a precursor […]

Centrum introduces Bill to change insolvency & bankruptcy code

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 […]