Our bankruptcy code deserves credit for what it has achieved – Mint

Notwithstanding the different legal frameworks for bankruptcy and insolvency in place in various countries, all of them have two leading objectives: to facilitate liquidation of financially unviable companies, and to protect the rights of and provide equal treatment to similarly-situated creditors and other stakeholders. The Indian insolvency framework in the form of the Insolvency and…

Tamil Nadu Legislative Council turns 100: Origins, key Bills and chequered history – Republic World

The 17th Tamil Nadu State Legislative Assembly chambers at Fort St. George will witness a historic event on August 2, as President Ram Nath Kovind inaugurates the centenary celebrations. The Legislative Assembly building built in the 17th century is a colonial-era icon, which has remained the central seat of power in the State until today.…