Page 2 - Bankruptcy Code

$6 billion telecom bankruptcies left hanging in India as ministries argue

Government branches are delaying bankruptcy settlements in a country whose banks suffer the world's worst bad debt ratios.

Debt and coronavirus push Hertz Global Holdings into bankruptcy protection

By the end of March, Hertz Global Holdings Inc had racked up $18.7 billion in debt with only $1 billion of available cash

Systemic change: Hits and misses of India's bankruptcy reforms code

IBC has had a carrot-and-stick effect - making companies serious about governance and bringing stuck capital back into the economy. It seems to be a work in progress, but the system is surely working

Link capital infusion to banks' balance-sheet clean-up: Arcil chief

Recovery rates from bad loans have improved after the implementation of the bankruptcy code in 2016

LS passes amendments to Bankruptcy Code; 7 sections to be amended

Responding to the debate on the bill, Finance and Corporate Affairs Minister Nirmala Sitharaman said the liquidation of a company is not the sole agenda of the Insolvency and Bankruptcy Code

Provincial Insolvency Act needs to be repealed for the bankruptcy rules

Bankruptcy rules include those for corporate guarantors, proprietorship firms and individual insolvency

New bankruptcy code makes India golden bet for this distressed debt trader

India now accounts for 30 to 40 percent of the Hong Kong-based loan and bond trading firm's activities

Bankruptcy code paves way for clean business by promoting integrity: Finmin

The move is against unscrupulous elements in the business who were using the banks' money irresponsibly

Bankruptcy Code 'an example of hurried legislation', has gaps: Congress

Congress spokesperson Abhishek Manu Singhvi urged the government to seriously consider and try and plug as many loopholes as can be through the amendment

PSBs need to cut bad loans, will need more capital: Urjit Patel

RBI governor said 9.6% NPA in system worrisome, govt should empower banks to take a hit

Proprietary firms to come under bankruptcy code

After making the insolvency process easier for companies

India's bankruptcy code process for creditors, defaulters

As it begins to cut the $150 billion in stressed debt hobbling Asia's number 3 economy

Government proposes to fast-track insolvency resolution for startups

Comments have been sought from the public till May 8 on the draft IBBI

35 corporate insolvency resolutions are in progress

We had freedom of entry, to compete and now we have freedom to exit, says IBBI chief

Slow notification impacts bankruptcy code

The current law is somewhat biased in favour of the debtor, say experts

Draft bill on resolution of financial firms credit positive: Moody's

Moody's says that having a comprehensive framework in place for stressed financial firms is an important step

Anirudh Burman & Rajeswari Sengupta: Clear the air before enforcing Bankruptcy Code

Poor regulation of the insolvency professional industry will lead to poor bankruptcy outcomes

Insolvency law changes were delayed for 56 yrs: Bhupender Yadav

Interview with Rajya Sabha MP and member of Parliamentary panels to study key legislation

Debashis Basu: Handling bankruptcy - many loose ends

Less than two months ago, the government managed to give India a new law to deal with every kind of bankruptcy or insolvency

Govt drafting separate bankruptcy law for financial cos: Jayant Sinha

Last month, Parliament passed the Insolvency and Bankruptcy Code that unifies more than four overlapping sets of laws