Kerala HC: Online Publication of Interim Orders is Not Valid Service for Contempt Proceedings  ||  MP High Court: Criminal Record Alone Doesn't Attract Organised Crime Charge under BNS  ||  Allahabad HC: Insurance Company Cannot Challenge Welfare Scheme Compensation Through Writ  ||  Supreme Court Proposes Denying Fuel to Vehicles Without Valid Insurance  ||  Supreme Court: Media Can Report Court Proceedings Without Sharing Audio or Video Clips  ||  Supreme Court: Acquits Murder Convict Jailed for 22 Years, Points to Criminal Justice System Failure  ||  Supreme Court Directs Centre to Issue Environmental Compensation Norms under SWM Rules 2026  ||  Supreme Court: Employee Who Accepts Resignation Benefits Cannot Later Challenge its Acceptance  ||  Supreme Court: Breach of Contract is Not Cheating Unless Fraud Existed From the Outset  ||  Supreme Court: Specific Performance of an Agreement to Sell May be Denied After a Long Delay    

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