Tag: RegulatoryCompliance

IBBI Issues New Guidelines for Insolvency Professionals to Update Appointments on Its Portal

IBBI Issues New Guidelines for Insolvency Professionals to Update Appointments on Its Portal

The Insolvency and Bankruptcy Board of India (IBBI) has introduced a new circular that formalizes the process for insolvency professionals (IPs) to update their appointments on the IBBI portal. This move aims to improve record-keeping,

New RBI Guidelines for Asset Reconstruction Companies: Promoting Fairness and Transparency in Borrower Settlements

New RBI Guidelines for Asset Reconstruction Companies: Promoting Fairness and Transparency in Borrower Settlements

The Reserve Bank of India (RBI) vide its circular dated January 20,2025 has issued detailed guidelines aimed at standardizing the settlement of dues by borrowers with Asset Reconstruction Companies (ARCs). These guidelines, issued under the