Government seeks comments on proposed changes to insolvency law

Government seeks comments on proposed changes to insolvency law

The government on Thursday invited comments on various amendments proposed to the insolvency law, including to provisions related to time period for approval of resolution plans as well as avoidable transactions and wrongful trading. The amendments have been proposed by the Insolvency Law Committee (ILC). The comments have been sought till January 13, 2022. According … Read more

Injeti Srinivas appointed chairman of IFSCA

Injeti Srinivas appointed chairman of IFSCA

The Appointments Committee of the Cabinet approved the appointment of Injeti Srinivas as chairman of the International Financial Services Centres Authority (IFSCA), according to an official notice on Monday. The former corporate affairs secretary and 1983-batch IAS officer of the Odisha cadre will head the IFSCA for a period of three years, the notice said. … Read more