https://www.taxtmi.com/news?id=19203 Notification of the operative provisions of the Insolvency and Bankruptcy Code prompted fresh filings and transfer of winding-up matters into the Code, resulting in a substantial number of disposals with remaining cases pending at the reporting cut-off. Public Sector Banks reported recoveries and haircuts arising after initiation of proceedings under the Code, and those financial outcomes were communicated to the legislature by the responsible minister in response to an enquiry. en-us Tue, 19 Dec 2017 18:55:53 +0530 Tue, 19 Dec 2017 18:55:53 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=19203 Notification of the operative provisions of the Insolvency and Bankruptcy Code prompted fresh filings and transfer of winding-up matters into the Code, resulting in a substantial number of disposals with remaining cases pending at the reporting cut-off. Public Sector Banks reported recoveries and haircuts arising after initiation of proceedings under the Code, and those financial outcomes were communicated to the legislature by the responsible minister in response to an enquiry. News - Tue, 19 Dec 2017 18:55:53 +0530 https://www.taxtmi.com/news?id=19203