Search result for 'section 12a'

RBI Governor Shaktikanta Das highlights learnings from IBC implementation, suggesting course correction regarding resolution time & haircuts. 32% recovery rate achieved, but challenges remain.

RBI Governor Shaktikanta Das highlights learnings from the Insolvency and Bankruptcy Code (IBC) implementation, suggesting the need for course correction. He notes a 32% recovery rate on claims,...

The National Company Law Appellate Tribunal (NCLAT) has set aside insolvency proceedings against Asian Hotels (West), operator of Hyatt Regency, Mumbai. The tribunal accepted the proposal submitted...