United Nations Commission on International Trade Law Model Law on Cross border Insolvency (1997) is the most widely accepted legal framework on cross-border insolvency.
Ravi Mittal, the former secretary of, Department of Sports, has been appointed as the Chairman of Insolvency and Bankruptcy Board of India (IBBI), as per the notification issued by the Ministry of Corporate Affairs.
Prime Minister Narendra Modi has dedicated to the nation 216-feet tall 'Statue of Equality in Hyderabad to commemorate the 11th-century Bhakti saint Ramanujacharya.
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