Day: November 15, 2019

MCA notifies framework for insolvency and liquidation proceedings of FSPs other than banks

MCA notifies framework for insolvency and liquidation proceedings of Financial Service Providers (FSPs) other than banks. Insolvency and Bankruptcy (Insolvency and Liquidation Proceedings of Financial Service Providers and Application to Adjudicating Authority) Rules, 2019. The Ministry of Corporate Affairs (MCA) has notified the Insolvency and Bankruptcy (Insolvency and …