IBC overhaul: Parliament panel seeks advance ruling system; can these fixes speed up resolutions?

IBC overhaul: Parliament panel seeks advance ruling system; can these fixes speed up resolutions?

A Parliamentary panel has called for sweeping improvements to India’s insolvency framework, including a new advance ruling mechanism that would give stakeholders clarity even before a case is admitted under the Insolvency and Bankruptcy Code (IBC). The proposal is aimed at reducing avoidable litigation and safeguarding the time-bound nature of the resolution process, according to…

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Parliament winter session's economic agenda: 9 bills listed for discussion; insurance, sin-goods taxation and more in focus

Parliament winter session’s economic agenda: 9 bills listed for discussion; insurance, sin-goods taxation and more in focus

Parliament’s winter session kicks off Monday NEW DELHI: As the Winter Session of Parliament begins on Monday, the government is set to push a heavy economic agenda, lining up nine key bills ranging from insurance reforms to new taxation frameworks for sin goods such as tobacco and pan masala. The session will run from December…

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