NeSL is enabling real-time access to digital Records of Default (RoDs) for adjudicating authorities, helping speed-up verification of debt and claims data in insolvency cases and strengthening the efficiency of the insolvency ecosystem

With recent amendments to the Insolvency and Bankruptcy Code, NeSL is evolving into a gateway for insolvency proceedings, ensuring faster authentication of financial records and improving transparency in the resolution process. Records of Default maintained with the Information Utility carry evidentiary value in insolvency proceedings and help adjudicating authorities quickly ascertain the existence of default, reinforcing trust in the insolvency framework.

This development reflects NeSL’s broader vision of building an API-first, evidence-ready digital infrastructure to support high-trust financial transactions at scale.

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