State-run Bank of India (BoI) today said it has entered into an agreement with National E-Governance Services (NeSL) for information utility (IU) arrangement under the Insolvency and Bankruptcy Code (IBC). As per the agreement, BoI will avail NeSL service to expedite corporate insolvency resolution process.
Under the IBC 2016, IU is proposed to offer services for accepting electronic submission of financial information, recording the same safely and accurately, verifying and authenticating the financial information…
Read the full article at: https://www.financialexpress.com/industry/bank-of-india-inks-pact-with-nesl-to-share-data-under-insolvency-rules/1142478/