The Bond Market Part I: Understanding Bonds

“When you buy a bond, you are lending to the issuer, which may be a government, municipality or corporation. In return, the issuer promises to pay you a specified rate…

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Prompt Corrective Action

[ First published on indiacorplaw.in/ ] Prompt corrective action (“PCA”) is intended to “intervene early and take corrective measures in a timely manner, so as to restore the financial health of banks…

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INSOLVENCY AND BANKRUPTCY CODE (AMENDMENT) ORDINANCE 2018

[First published in NUALS CPSRL IBC E-Newsletter Volume I available at http://www.nuals.ac.in/common/468Vol%20I-NUALS%20IBC%20E-NEWSLETTER.pdf] INTRODUCTION The President of India assented to promulgate the Insolvency and Bankruptcy Code (Amendment Ordinance) 2018 (No. 6 of 2018)…

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