Try GOLD - Free
Will address IBC-PMLA conflict soon: IBBI chief
Financial Express Lucknow
|October 02, 2025
Panda to head select panel reviewing Insolvency Bill
THE INSOLVENCY AND Bankruptcy Board of India (IBBI) is preparing a new set of regulations that will take into account the various previous Supreme Court judgments on the insolvency matters, and also the practical challenges faced during the resolution process.
According to IBBI chairperson Ravi Mital, the clash between the IBC and the Prevention of Money Laundering Act (PMLA) is one of the problem areas to be resolved.
“We face issues in some cases. We had discussions with the Enforcement Directorate (ED),andwe have nowarrivedat a solution. It will be good for both ED and IBC. We will maintain the sanctity of both laws, and try to resolve issues. In a month or so, we should be able to issue a circular to solve this problem,”he said on Wednesday.
This story is from the October 02, 2025 edition of Financial Express Lucknow.
Subscribe to Magzter GOLD to access thousands of curated premium stories, and 10,000+ magazines and newspapers.
Already a subscriber? Sign In
MORE STORIES FROM Financial Express Lucknow
Financial Express Lucknow
NRIs must pay EMIs on home loan from NRE account
I had purchased a flat with a bank loan five years ago. Now, I will be relocating to Canada. Can I pay the EMI in dollars from my savings bank account in Canada and link the home loan account with it for ECS? —Avinash Shah
1 mins
November 08, 2025
Financial Express Lucknow
Hindalco net rises 21%; tariffs blunt US margins
HINDALCO INDUSTRIES REPORTED a 21% increase in net profit to 4,741 crore in the second quarter of FY26, beating Bloomberg estimates of 4,320 crore.Ithad posteda net profit of 3,909 crore in the year-ago period.
1 mins
November 08, 2025
Financial Express Lucknow
Investing in IPOs
THEY CAN SERVE AS FINANCIAL MANOEUVRES THAT BENEFIT INSIDERS FAR MORE THAN THE AVERAGE INVESTOR
4 mins
November 08, 2025
Financial Express Lucknow
US airlines battle as 4% flight cuts kick in
US AIRLINES ON Friday scrambled to cut 4% of flights at 40 major airports after the government imposed an unprecedented cut to air travel citing air traffic control safety concerns because of a record-setting government shutdown.
1 min
November 08, 2025
Financial Express Lucknow
New York’s Indian restaurant loses flavour as tariffs bite
NOT EVERY OPERATOR says they’re being affected.
2 mins
November 08, 2025
Financial Express Lucknow
Remove stray dogs from premises of schools, hospitals: SC
TAKING NOTE OF the “alarming rise” in dog bite incidents within institutional areas like educational institutions, hospitals, and railway stations, the Supreme Court on Friday directed the forthwith relocation of stray canines to designated shelters after due sterilisation and vaccination.
1 min
November 08, 2025
Financial Express Lucknow
Trump may visit India next year
IN THE FIRST confirmation of the Quad leaders’ summit, which was to be hosted by India this year, being pushed to 2026, US President Donald Trump has said he could travel to the country next year.
1 mins
November 08, 2025
Financial Express Lucknow
States’ capex likely grew 10% in H1
₹1.5 lakh crore interest free loans slated for states
1 mins
November 08, 2025
Financial Express Lucknow
RBI mulls easier rules for banks
“THE ROLE OF a regulator is like that of a gardener...The gardener keeps on monitoring the growth of the plant and prunes unwanted growth to shape a collective, orderly, beautiful garden,” he added.
1 min
November 08, 2025
Financial Express Lucknow
Clandestine N-activities are in line with Pak's history: MEA
INDIA ON FRIDAY noted US President Donald Trump’s comments about Pakistan testing nuclear weapons and said Islamabad’s “clandestine” nuclear activities were centred around decades of smuggling, export control violations and secret partnerships.
1 min
November 08, 2025
Listen
Translate
Change font size