IBBI removes sale of company as going concern in liquidation; now only asset sales allowed, shifting focus strictly to terminal liquidation process.
Jharkhand''s Kumar Kushagra slams double-ton against Baroda in Ranji Trophy
The recent notification by the Insolvency and Bankruptcy Board of India (IBBI) allowing part-resolution of stressed assets of companies under the insolvency process has sent many resolution professionals (RPs) and committees of creditors (CoCs) back to the drawing board to reassess their strategies for resolving corporate insolvencies.
If nominees pass away, distribution is governed by succession laws of insured's religion.
'But I understand the need for this government move.' 'I completely support Mr Modi.'
'In the newsroom, the thought process is about understanding the story and trying to look beyond the obvious. The fiction-writing process is similar in many ways but more internal.'
These games of skill with a large social component have managed the transition to a new online avatar.
A diamond merchant from Surat has put a smile on his employees faces after he gifted them cars, homes and jewellery as Diwali bonus in a stunning act of generosity, Oprah-style.