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Parliamentary panel backs govt steps to strengthen IBC recovery, seeks deeper action on fund diversion

A parliamentary panel has backed govt efforts to improve insolvency recovery, seeking urgent action to prevent fund diversion during insolvency proceedings. The committee noted a significant gap between avoidance transaction values and actual recoveries.

Parliamentary panel backs govt steps to strengthen IBC recovery, seeks deeper action on fund diversion

We haven't written up this one. The Economic Times - Economy has the full story — the link below goes straight to it.

Read the original at economictimes.indiatimes.com →

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