Indias Debt market is bad and over Rs 25,000 crores that is blocked as Stressed Assets in the economy can be unlocked in five years with the ICSI training insolvency professionals through the ICSI Insolvency Professional Agency, Mamta Binani, President, Institute of Company Secretaries of India, said at a joint national conclave on Insolvency & Bankruptcy Code, 2016 organized by ICSI and NSE here on Friday.
The ICSI has received registration from the Insolvency and Bankruptcy Board of India (IBBI) through a certificate awarded recently by Union Finance and Corporate Affairs Minister Arun Jaitley, who had stated that the Central Governments initiative of setting up a modern insolvency mechanism was based on best practices globally and set …
Read the full article at: http://www.millenniumpost.in/NewsContent.aspx?NID=347975