The resolution process timeline, which was initiated in April 2022, ends on May 25 after taking into account the various procedural delays. But banks will petition the National Company Law Tribunal (NCLT) as soon as Friday to extend the timeline by at least 15 days to ensure enough time for voting.
Sebi proposes changes to simplify nomination rules
Sebi has proposed simplifying nomination rules for demat accounts and mutual fund folios, making it the default option for new investors. This change aims to