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Introduction  When a company faces the grim reality of insolvency, entering the protective embrace of the CIRP1 under the IBC2, its financial obligations are temporarily suspended, and its corporate life is put on hold. But does this corporate catastrophe, a mechanism designed for financial restructuring and revival, simultaneously serve as a silent acquittal for the natural persons—the directors—who signed the […]

Introduction In a powerful move to deepen India’s integration with the global economy and significantly enhance the ease of cross-border trade and payments, the Reserve Bank of India (RBI) has enacted significant amendments to its core Foreign Exchange Management Act (FEMA) regulations. Breaking from conventional norms, these strategic updates are meticulously designed to inject greater flexibility into trade financing and […]