Refresher

INSOLVENCY AND LIQUIDATION PROCEEDINGS OF FINANCIAL SERVICEPROVIDERS UNDER THE INSOLVENCY AND BANKRUPTCY CODE

BACKGROUND The question whether a ‘financial service provider’ (“FSP”) falls within the purview of the Insolvency and Bankruptcy Code, 2016 and its rules & regulations (“Code”) has been an oft deliberated in the recent past. Generally speaking, a financial service provider is a person engaged in the business of providing financial services1 in terms of an authorisation or registration obtained Read More