Following the suggestion of the Financial Stability and Development Council (FSDC) to ease the compliance burden, the Insolvency and Bankruptcy Board of India (IBBI) has proposed simplifying the forms submitted for the corporate insolvency resolution process (CIRP) by resolution professionals in a discussion paper released. The idea behind the proposed changes is to avoid duplication…
in Economy
IBBI proposes reducing compliance burden, simplifying forms for IPs
