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.
Government has appointed Lieutenant General Manoj Pande as the new Vice Chief of Army Staff. He will take over from Lieutenant General Chandi Prasad Mohanty who superannuated.
Central Bureau of Investigation (CBI) has booked ABG Shipyard for an alleged Rs 22,842-crore financial fraud. ABG Shipyard is the flagship entity of ABG Group.