Parliament passes Insolvency and Bankruptcy Code Amendment Bill, 2017

Parliament has passed Insolvency and Bankruptcy Code (Amendment) Bill, 2017 after it was passed by both the houses. The Bill amends Insolvency and Bankruptcy Code (IBC), 2016, and replaces Ordinance promulgated in November 2017 to pave way for tightening loopholes ..

Month: Current Affairs - January, 2018

Cabinet approves promulgation of ordinance to amend Insolvency & Bankruptcy Code

Union Cabinet has proposal to promulgate an ordinance under Article 123 of Constitution to make certain amendments in the Insolvency and Bankruptcy Code (IBC). The ordinance is likely to be tabled during winter session of Parliament with view to getting ..

Month: Current Affairs - November, 2017

Ease of Business Ranking- 2018

India has jumped in the World Bank’s “Ease of Doing Business” index from 146 in 2014 to 100 in October, 2017. What is Ease of Doing Business Index? This index developed by World Bank on the basis of 10 parameters ..

Financial Resolution and Deposit Insurance Bill, 2017

In October, 2017, the Financial Resolution and Deposit Insurance Bill 2017 has been referred to a Joint Parliamentary Committee of 30 members from both the Houses. This bill, once becoming a law, would repeals the Deposit Insurance and Credit Guarantee ..

The National Conference on “Insolvency and Bankruptcy: Changing Paradigm” was held in Mumbai

Arun Jaitley, the Union Minister of Finance, Defense and Corporate Affairs, was the Chief Guest at the National Conference on ” Insolvency and Bankruptcy: Changing Paradigm”, which was held at Mumbai on August 19, 2017. Besides inaugurating the conference, Jaitley ..