Parliamentary panel backs govt steps to strengthen IBC recovery, seeks deeper action on fund diversion

· economictimes.indiatimes.com

A parliamentary panel has backed govt efforts to improve insolvency recovery, seeking urgent action to prevent fund diversion during insolvency proceedings. The committee noted a significant gap between avoidance transaction values and actual recoveries.

Live Events

as a Reliable and Trusted News Source Addas a Reliable and Trusted News Source Add Now!

(You can now subscribe to our

(You can now subscribe to...


Read on WOBR AI → · More AI market news · StrategyVerse · Quant Research · WOBR.AI