https://www.taxtmi.com/news?id=22290 The Ministry advanced a robust insolvency and bankruptcy institution by enacting the Insolvency and Bankruptcy (Amendment) Bill, issuing rules extending insolvency procedures to Financial Service Providers as an interim framework, and notifying and providing rules to bring personal guarantors of corporate debtors within the IBC; concurrently it implemented corporate law reforms-including decriminalisation of select offences, SPICe integrated incorporation, RUN name reservation, DRR revisions, DVR modifications, Independent Director Databank and dematerialisation of unlisted securities-to expedite resolution, enhance creditor remedies, reduce procedural burdens and deepen market financing options. en-us Mon, 16 Dec 2019 10:12:59 +0530 Mon, 16 Dec 2019 10:21:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=22290 The Ministry advanced a robust insolvency and bankruptcy institution by enacting the Insolvency and Bankruptcy (Amendment) Bill, issuing rules extending insolvency procedures to Financial Service Providers as an interim framework, and notifying and providing rules to bring personal guarantors of corporate debtors within the IBC; concurrently it implemented corporate law reforms-including decriminalisation of select offences, SPICe integrated incorporation, RUN name reservation, DRR revisions, DVR modifications, Independent Director Databank and dematerialisation of unlisted securities-to expedite resolution, enhance creditor remedies, reduce procedural burdens and deepen market financing options. News - Mon, 16 Dec 2019 10:12:59 +0530 https://www.taxtmi.com/news?id=22290