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On Thursday, 2354 stocks advanced, 1504 declined, and 105 remained unchanged on BSE with an advance decline ratio of 1.56, indicating a positive closing of stocks in broader markets.
Finance minister Nirmala Sitharaman’s ‘White Paper on the Indian Economy’ has presented a detailed analysis of the ‘policy paralysis’ and governance issues of the 2004-2014 period.
The national company law appellate tribunal, while staying an order passed by the Mumbai bench of the national company law tribunal (NCLT) to initiate a corporate insolvency resolution process (CIRP) against Sporta Technologies Pvt Ltd, the parent of Dream11 fantasy sports platform, has directed the resolution professional (RP) not to take further steps in the resolution process.
The deadline of the first week of February 2024 for filling the vacancies of four state information commissioners (SIC) in Maharashtra as directed by the Bombay High Court has been flouted with none of these appointments having realised; propelling a group of RTI activists, who had filed a public interest litigation (PIL), to dash off a letter to the chief minister, crying contempt of court.
An expert committee set up by the Insolvency and Bankruptcy Board of India (IBBI) has submitted its report on the framework and processes for mediation under the Insolvency & Bankruptcy Code (IBC/Code).