IBBI to speed up insolvency process
The Insolvency and Bankruptcy Board of India (IBBI) has amended the voluntary liquidation process (VLP) regulations, effective from 5 April 2022, with an aim to reduce the timeline for completion of the liquidation process of stressed assets
Price of protection
Countries around the world are strengthening their data protection regimes given the rise in data breaches and the growing need to regulate how businesses use and process sensitive data
Policy for mined out coal lands approved
The federal cabinet has approved a policy for acquiring land parcels that are mined out or unsuitable for coal mining purposes to increase investment and create job opportunities in the coal sector
Shaky ground
Spate of real estate defaults tests creditors’ faith in the IBC