The major reforms include merging, eliminating and splitting of various CIRP Forms
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Sitharaman, in a post on social media platform X, added that the code has played an important role in resolving insolvencies
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As 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
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The average duration for closing a corporate insolvency resolution plan (CIRP) is 843 days in FY24 against 831 days in FY23
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RCAP administrator says, the contents of the letter were explained to him but IRDA has to accept the replies after examination
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