 "law, court, insolvency")
Though in the works for years, the ecosystem has sprung alive over the past year, with a regulator, three professional agencies, over 1,000 individuals and 40 corporate practitioners. Nearly 400 resolution processes, six liquidations and 40 voluntary liquidations are on:
Crucial year ahead for regulator
It has been a hectic first year for the insolvency regulator, which hit the ground running. A year ago, when M S Sahoo went to work in a small room in the building of the Institute of Cost Accountants of India, there were not many to assist him. The board itself comprised only nominee members. The first
