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Bankruptcy Laws

Companies can now register themselves as insolvency professionals

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

Companies can now register themselves as insolvency professionals
Updated On : 29 Sep 2022 | 11:41 PM IST

US: AMC, Bed Bath & Beyond lead rout in meme stocks as mania fizzles

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.

US: AMC, Bed Bath & Beyond lead rout in meme stocks as mania fizzles
Updated On : 22 Aug 2022 | 7:42 PM IST

Some gaps in ILC recommendations on resolution process, say experts

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

Some gaps in ILC recommendations on resolution process, say experts
Updated On : 23 Jun 2022 | 10:40 AM IST

Srei's Hemant Kanoria to challenge report alleging fraud at group firm

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

Srei's Hemant Kanoria to challenge report alleging fraud at group firm
Updated On : 14 Jun 2022 | 10:29 PM IST

Coinbase new disclosure does not mean crypto firm risks bankruptcy: CEO

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

Coinbase new disclosure does not mean crypto firm risks bankruptcy: CEO
Updated On : 11 May 2022 | 4:19 PM IST

IBC has brought change in attitude of lenders, borrowers: Goyal

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

IBC has brought change in attitude of lenders, borrowers: Goyal
Updated On : 25 Nov 2021 | 6:04 PM IST

IBBI amends regulations for more transparency and accountability

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

IBBI amends regulations for more transparency and accountability
Updated On : 21 Jul 2021 | 10:39 PM IST

Top headlines: Bankruptcy case against Anil Ambani, TCS-Epic Systems case

Business Standard brings to you a snapshot of events that made it to the headlines today

Top headlines: Bankruptcy case against Anil Ambani, TCS-Epic Systems case
Updated On : 21 Aug 2020 | 8:03 PM IST

Focus on capital formation policy

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

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Updated On : 23 Apr 2020 | 3:16 AM IST

Bidders jittery over coronavirus impact on bankrupt firms, seek legal help

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

Bidders jittery over coronavirus impact on bankrupt firms, seek legal help
Updated On : 10 Apr 2020 | 9:49 PM IST

In a first, RBI moves NCLT seeking insolvency proceeding against DHFL

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

In a first, RBI moves NCLT seeking insolvency proceeding against DHFL
Updated On : 30 Nov 2019 | 1:40 AM IST

World's worst bad-loan mess set to worsen on India's cash crunch

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

World's worst bad-loan mess set to worsen on India's cash crunch
Updated On : 08 Sep 2019 | 11:22 PM IST

Bankers, you can have your Jet and eat it too

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

Bankers, you can have your Jet and eat it too
Updated On : 28 Mar 2019 | 9:48 PM IST

Lanco Infratech confirms RBI order on insolvency process

Lanco's businesses include power and infrastructure

Lanco Infratech confirms RBI order on insolvency process
Updated On : 18 Jun 2017 | 1:16 AM IST