https://www.taxtmi.com/news?id=28224 Meetings directed expedited transfers to NARCL, strengthened bank coordination and monitoring of priority accounts, and tasked a committee under the SBI Chairman to recommend fresh accounts for transfer to bolster the resolution pipeline. They identified procedural delays in admitting Corporate Insolvency Resolution Process (CIRP) applications at NCLT benches, instructed banks to ensure senior-level monitoring and reduce adjournments, and endorsed an MCA plan to develop an integrated portal to share real-time NCLT proceeding information with Financial Creditors. en-us Fri, 13 Dec 2024 10:22:01 +0530 Fri, 13 Dec 2024 10:22:01 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=28224 Meetings directed expedited transfers to NARCL, strengthened bank coordination and monitoring of priority accounts, and tasked a committee under the SBI Chairman to recommend fresh accounts for transfer to bolster the resolution pipeline. They identified procedural delays in admitting Corporate Insolvency Resolution Process (CIRP) applications at NCLT benches, instructed banks to ensure senior-level monitoring and reduce adjournments, and endorsed an MCA plan to develop an integrated portal to share real-time NCLT proceeding information with Financial Creditors. News - Fri, 13 Dec 2024 10:22:01 +0530 https://www.taxtmi.com/news?id=28224