Bajpai-led committee suggests standard framework, timing, cost data tracking to reform insolvency code

A working group headed by former Securities and Exchange Board of India (SEBI) chairman GN Bajpayee has suggested that the Insolvency and Bankruptcy Board of India (IBBI) come up with a standardized framework with a real-time data bank with timely data . Cost and recovery rates along with macroeconomic indicators to assess the success of … Read more