The Ministry of Corporate Affairs vide its gazette notification dated 9th April 2021 has set the minimum default threshold for initiation of pre-packaged insolvency resolution process by a MSME corporate debtor at Rs 10 lakh.
Pre-packs are an arrangement where the resolution of a company’s business is negotiated with a buyer before the appointment of an insolvency professional.
This circular marks a transformative shift in how importers, exporters, and Partner Government Agencies (PGAs) interact for No Objection Certificate (NOC) processing and EXIM documentation.
This directive comes following a major judicial decision delivered by the Hon’ble High Court at Calcutta in September 2025.
NSE has issue investor advisory after receiving reports about an individual allegedly offering illegal stock market tips and promising assured returns.
The Common Reporting Standard (CRS) and the Foreign Account Tax Compliance Act (FATCA)—significantly strengthen international cooperation and ensure taxpayers declare their global income accurately.
