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April 25, 2023
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Ministry of Corporate Affairs Government to set up Centre for Processing Accelerated Corporate Exit The Indian government has announced plans to set up a Centre for Processing Accelerated Corporate Exit (PACE) to facilitate the expedited closure of unviable companies. The PACE will act as a single-window clearance system for companies seeking to wind up their...

January 10, 2023
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Reserve Bank of India (RBI) Reserve Bank of India (Unhedged Foreign Currency Exposure) Directions, 2022 RBI has issued directives to the banks on Unhedged Foreign Currency Exposure (UFCE) of the entities which have borrowed from banks, applicable to all commercial banks (excluding Payments Banks and Regional Rural Banks). These instructions shall come into force from...

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