https://www.taxtmi.com/notifications?id=131418 These rules permit only the appropriate regulator to initiate insolvency proceedings against a financial service provider, require the regulator to propose an Administrator who, upon Adjudicating Authority appointment, exercises the functions of insolvency professionals, and maintain licences during moratorium and liquidation while excluding third-party trust assets from moratorium except as notified; resolution plans require the regulator's fit-and-proper 'no objection' and voluntary liquidation needs prior regulator permission. en-us Fri, 15 Nov 2019 00:00:00 +0530 Thu, 28 Nov 2019 14:49:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/notifications?id=131418 These rules permit only the appropriate regulator to initiate insolvency proceedings against a financial service provider, require the regulator to propose an Administrator who, upon Adjudicating Authority appointment, exercises the functions of insolvency professionals, and maintain licences during moratorium and liquidation while excluding third-party trust assets from moratorium except as notified; resolution plans require the regulator's fit-and-proper 'no objection' and voluntary liquidation needs prior regulator permission. Notifications IBC Fri, 15 Nov 2019 00:00:00 +0530 https://www.taxtmi.com/notifications?id=131418