मैगज़्टर गोल्ड के साथ असीमित हो जाओ
10,000 से अधिक पत्रिकाओं, समाचार पत्रों और प्रीमियम कहानियों तक असीमित पहुंच प्राप्त करें सिर्फ
कोशिश गोल्ड - मुक्त
Circular resolving IBC-PMLA clashes soon: IBBI chairman
Business Standard
|October 02, 2025
The problems related to interface between Insolvency and Bankruptcy Code (IBC) and Prevention of Money Laundering Act (PMLA) have been resolved and a circular detailing the manner of handling such issues is expected to be issued within a month, the Insolvency and Bankruptcy Board of India (IBBI) chairman Ravi Mital said on Wednesday.
Speaking at the ninth annual day celebrations of the insolvency regulator Mital said, “We have had discussions with the Enforcement Directorate (ED) and we have arrived at a solution that would be good and maintain the sanctity of both the laws.”
IBC and PMLA have often clashed with each other in cases where the assets of an entity undergoing insolvency have been attached by the ED for money laundering activities.
यह कहानी Business Standard के October 02, 2025 संस्करण से ली गई है।
हजारों चुनिंदा प्रीमियम कहानियों और 10,000 से अधिक पत्रिकाओं और समाचार पत्रों तक पहुंचने के लिए मैगज़्टर गोल्ड की सदस्यता लें।
क्या आप पहले से ही ग्राहक हैं? साइन इन करें
Business Standard से और कहानियाँ
Business Standard
Lending cap for large corporations lifted
TO REDUCE CONCENTRATION RISK
3 mins
October 02, 2025
Business Standard
What food delivery apps teach us about tariff wars
What if we changed the way we looked at America?
6 mins
October 02, 2025
Business Standard
The wisdom of waiting
The October monetary policy — despite its remarkable inflation revision —was lessa story of action than of careful inaction.
3 mins
October 02, 2025
Business Standard
Circular resolving IBC-PMLA clashes soon: IBBI chairman
The problems related to interface between Insolvency and Bankruptcy Code (IBC) and Prevention of Money Laundering Act (PMLA) have been resolved and a circular detailing the manner of handling such issues is expected to be issued within a month, the Insolvency and Bankruptcy Board of India (IBBI) chairman Ravi Mital said on Wednesday.
1 mins
October 02, 2025
Business Standard
RBI keeps door open for rate cut
Maintains repo rate at 5.5% Raises FY26 growth projection to 6.8% Lowers full-yr inflation forecast to 2.6%
2 mins
October 02, 2025
Business Standard
Wave of liberalisation sweeps banking industry
Those who were expecting a pre-Diwali gift from the Reserve Bank of India (RBI) on Wednesday are disappointed, as the central bank’s Monetary Policy Committee (MPC) has decided to leave the policy repo rate unchanged at 5.5 per cent.
4 mins
October 02, 2025
Business Standard
₹6,957 cr NH plan to protect Kaziranga gets nod
The Union Cabinet on Wednesday approved the widening and improvement of the four-lane Kalibor-Numaligarh section of the national highway (NH)-715, including the implementation of wildlife friendly measures for Assam's Kaziranga National Park.
1 min
October 02, 2025
Business Standard
RSS at 100: A century of service to the nation
A hundred years ago, on the sacred occasion of Vijayadashami, the Rashtriya Swayamsevak Sangh was founded. This was not the creation ofsomething entirely new.
4 mins
October 02, 2025
Business Standard
New projects down 46% in September quarter
New project announcements nearly halved yearon-year during the three months ended September 2025, with their value falling 46 per cent to ₹5.2 trillion, according to the data from project tracker Centre for Monitoring Indian Economy (CMIE).
2 mins
October 02, 2025
Business Standard
Guv unveils 22 measures to bolster credit flow
The Reserve Bank of India (RBI) on Wednesday announced a flurry of measures — twenty two of them, to be precise — aimed at boosting credit flows to the real economy and promoting ease of doing business while lowering banks’ costs.
3 mins
October 02, 2025
Listen
Translate
Change font size