The details will be finalised after broader stakeholder consultations. “The government has studied the best practices of several jurisdictions and a similar, if not the same, insolvency mechanism is followed in the UK,” said an official aware of details. “Various aspects and structures of the planned framework are being examined and a final decision would be taken in due course.”
2 top stock recommendations from Rajesh Bhosale
Indian stock markets are experiencing significant volatility. Investors are advised to remain cautious in the short term. Experts suggest a staggered approach to buying quality
March 23, 2026