Transparency in technical bid evaluation requires disclosed standards and recorded reasons; opaque scoring invalidated tender awards and required fres...
Automated export obligation extensions remove separate regional applications after committee approval for Advance Authorisation and EPCG authorisation...
International cargo transhipment through Indian ports continues with Customs-controlled storage, re-export safeguards, and coordinated multi-station m...
The pre-packaged insolvency resolution framework is amended to require the resolution professional to appoint registered valuers within three days of appointment to determine fair value and liquidation value, unless the committee records reasons to appoint two sets of valuers. Disqualifications are specified for related parties, recent auditors, partners or directors of the resolution professional's insolvency professional entity, and their relatives. The valuation rules are also revised so that the coordinating valuer's fair value becomes the corporate debtor's fair value, or the average of two coordinating valuations where two sets are appointed. Liquidation value is similarly fixed by the aggregate of valuation estimates, or the aggregate of the averages from two sets where applicable.
The pre-packaged insolvency resolution framework is amended to require the resolution professional to appoint registered valuers within three days of appointment to determine fair value and liquidation value, unless the committee records reasons to appoint two sets of valuers. Disqualifications are specified for related parties, recent auditors, partners or directors of the resolution professional's insolvency professional entity, and their relatives. The valuation rules are also revised so that the coordinating valuer's fair value becomes the corporate debtor's fair value, or the average of two coordinating valuations where two sets are appointed. Liquidation value is similarly fixed by the aggregate of valuation estimates, or the aggregate of the averages from two sets where applicable.
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