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Insolvency and Bankruptcy Code -: It is a reform enacted in 2016. It amalgamates various laws relating to the insolvency resolution of business firms. It lays down clear-cut and faster insolvency proceedings to help creditors, such as banks, recover dues and prevent bad loans, a key drag on the economy. Central Board of Indirect Taxes and Customs (CBIC) has issued standard operating procedures (SOPs) to ensure the timely recovery of goods and services tax (GST) dues from companies undergoing liquidation under the Insolvency and Bankruptcy Code (IBC). CBIC has nominated a nodal officer to ensure filing of claims with the Insolvency and Bankruptcy Board of India (IBBI) within 90 days of the commencement of the process.
How much is the tenure of Chief Election Commissioner's office
Coastal mangroves in ________, Sri Lanka, and the Maldives were rated “critically endangered” by the International Union for Conservation of Nature ...
Which bank partnered with Fibe (formerly known as EarlySalary) to launch India's first-ever numberless credit card?
In which of the following events did India win the maximum number of medals in the recently held Asian Games – 2023?
_______ is the chemical formula of baking soda.
Which of the following is true about the recent appointment of the Chief of Defense Staff of India? The statement is true. Are?
1. Nearly two ...
According to the Global Hunger Index 2022, which neighbouring country is only behind India with a rank of 109 out of 121 countries?
Which country did India make payments in rupees for crude oil purchases, signalling a move to promote the global use of its currency?
Which city is called as mini – Harappa?