Bankruptcy Laws

Earlier, the regulations only allowed the IPEs to provide support services to insolvency professionals

AMC Entertainment Holdings Inc. plunged 38% in premarket trading ahead of its debut of a new class of shares and after peer Cineworld Group Plc confirmed it may go bankrupt.

Report seen as unclear on who should pursue cases related to avoidable transactions and improper trading under bankruptcy code

Transaction auditor's methodology 'opaque' and legal fight over it could derail resolution process, say sources close to Kanoria.

Coinbase would take further steps to ensure it offered protection for its retail customers, says Brian Armstrong.

Goyal said IBC is a game changing reform compared to the past, when resolution would take probably decades

Resolution professionals (RPs) will be required to inform the adjudicating authority about avoidance transactions of a corporate debtor

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It is vital to ensure that the clamour for suspending bankruptcy laws does not translate into reality

Seek legal advice, want force majeure clause included in new contracts

An interim moratorium on the assets of the beleaguered company has also commenced following the RBI's application, and will continue till it is accepted or rejected by the NCLT

The failure to slash stressed assets is undermining India's efforts to revive economic growth that has cooled to a six-year low

Using interim financing under IBC is likely to resolve Jet's woes faster and better

Lanco's businesses include power and infrastructure