The major reforms include merging, eliminating and splitting of various CIRP Forms
Read MoreSitharaman, in a post on social media platform X, added that the code has played an important role in resolving insolvencies
Read MoreAs of 31 March 2024, a total of 2,800 applications have been filed for initiating the personal insolvency resolution process (PIRP) for Personal Guarantors to Corporate Debtors
Read MoreThe average duration for closing a corporate insolvency resolution plan (CIRP) is 843 days in FY24 against 831 days in FY23
Read MoreRCAP administrator says, the contents of the letter were explained to him but IRDA has to accept the replies after examination
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