Supreme Court: Joint Disciplinary Proceedings Not Mandatory in Cases Involving Multiple Officers  ||  Supreme Court: Transferred Students Cannot Claim Government Fees After College Loses Recognition  ||  Supreme Court: Arbitration Clause Applies When Earlier Agreement is Imported “Body and Soul”  ||  J&K&L High Court: Seasonal Labourers Cannot Be Regularised Amid Government’s Blanket Ban  ||  Delhi High Court: Silence Amid Sustained Vilification May Undermine Public Confidence In Judiciary  ||  Calcutta HC Stays Eastern Railway Eviction Drive Affecting Around 6,000 Slum Dwellers Near Station  ||  J&K&L HC: Repeated Arrests U/S 107 Crpc After UAPA Bail Can be Fresh PSA Detention Grounds  ||  Del HC: Arrest Memo Listing Only Reasons Cannot Substitute Person-Specific Grounds of Arrest  ||  SC: Hostile Witness Testimony Can Support Acquittal as Well, Not Only Conviction  ||  SC: Appointing Candidates on Contract Against Advertised Regular Posts is Patently Illegal    

Central Government Notifies New IBC Rules to Cover Financial Service Providers - (18 Nov 2019)

INSOLVENCY

Central Government has put out the Insolvency and Bankruptcy (Insolvency and Liquidation Proceedings of Financial Service Providers and Application to Adjudicating Authority) Rules, 2019 for the resolution of systemically important financial service providers under the bankruptcy law thereby opening the doors for resolution of stressed non-banking finance companies under this framework.

Tags : CENTRAL GOVERNMENT   IBC  

Share :        

Disclaimer | Copyright 2026 - All Rights Reserved