The Insolvency and Bankruptcy Board of India vide notification dated 5th April, 2022 has issued Insolvency and Bankruptcy Board of India (Voluntary Liquidation Process) (Amendment) Regulations, 2022. The amendment provides that liquidator shall endeavour to complete the liquidation process of the corporate person and submit the Final Report and the compliance certificate in Form-H ninety days from the liquidation commencement date in all normal cases.
Central Electricity Authority Releases Procedure for Verifying Captive Generating Plant Status Across States
The primary objective of this procedure is to provide a clear and consistent method for verifying the captive status of generating plants that supply power