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Five soldiers killed, several injured as Army truck falls into Poonch gorge | Allu Arjun quizzed by police in Pushpa 2 stampede case | Wanted Indian drug smuggler killed in the US | Congress leader files complaint against Allu Arjun for 'insulting police' in Pushpa 2: The Rule | Ahead of Jaishankar's US visit, foreign secretary Vikram Misri meets top US diplomats | India refrains from commenting on extradition request for ousted Bengladeshi PM Sheikh Hasina | I don't blame Allu Arjun, ready to withdraw case: Pushpa 2 stampede victim's husband | Indian New Wave Cinema Architect Shyam Benegal dies at age 90 | Cylinder blast at a temple in Karnataka's Hubbali injures nine people | Kuwait PM personally sees off Modi at airport as Indian premier concludes two-day trip
Nirmala Sitharaman proposes changes in IBC for faster resolution of bankrupt companies

Nirmala Sitharaman proposes changes in IBC for faster resolution of bankrupt companies

Feb 01, 2022, at 10:09 pm

New Delhi/IBNS: Finance Minister Nirmala Sitharaman in her Budget speech on Tuesday proposed faster resolution of bankrupt companies by making amendments to Insolvency and Bankruptcy Code (IBC).

Insolvency and bankruptcy code may help unlock NPAs worth Rs 25K crore over next 5 yrs: ASSOCHAM-Crisil study

Insolvency and bankruptcy code may help unlock NPAs worth Rs 25K crore over next 5 yrs: ASSOCHAM-Crisil study

Nov 22, 2016, at 12:22 am

New Delhi, Nov 21 (IBNS): Effective implementation of the Insolvency and Bankruptcy Code, 2016 can potentially release about Rs 25,000 crore capital currently locked up in non-performing assets (NPAs) over next 4-5 years, noted a recent ASSOCHAM-Crisil joint study.