Page 34 - Insolvency And Bankruptcy Code

Lok Sabha clears IBC Bill, Goyal says ordinance not to favour any corporate

Congress' Kharge alleged that the ordinance was brought by the government to help the Reliance Industries to acquire Alok Industries

Prioritise pushing large firms via IBC

The need of the hour is to focus on the IBC pipeline, increase the quantity of assets flowing through it, and reduce the time taken

Passing the scrutiny of courts toughest test for proposed amendments to IBC

With eight proposed amendments to the insolvency law last week, the government has sought to turn the focus back on at least some of the functions of the insolvency law

IBBI suspends insolvency professional's licence over use of its name

The committee said the use of the regulator's name without its permission was unacceptable

Govt clears 7 amendments to IBC, extends Finance Commission's term

The Cabinet has approved the changes to the Insolvency and Bankruptcy Code (IBC).

India's in-court bankruptcies get a dose of common sense and urgency

Amending the bankruptcy code won't revive animal spirits overnight, but it would at least prevent a bad situation from getting indefinitely worse

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

Stressed assets funds may return to India after relaxed ECB norms

Companies seek returns of over 20 per cent but RBI has put restrictions on yields and tenure

IBC Bill: Pressure on NCLT benches as 330-day deadline for resolution looms

Big IBC cases such as those of Amtek Auto, Bhushan Power & Steel, Era Infra Engineering, and Jaypee Infratech have gone well beyond the 270-day deadline set under the IBC

IBBI sets one-year timeline for liquidation process of insolvent companies

New regulations also say that a compromise between the stakeholders must happen within 90 days of the liquidation order

How the stressed asset problem snowballed into a tussle between RBI, govt

An exclusive excerpt from A K Bhattacharya's 'The Rise of Goliath'

Empee Distilleries receives four resolution plans; CoC to decide, says RP

NCLT had started the insolvency process after a petition was filed by the Union Bank of India

IBC Amendment Bill tabled in Rajya Sabha, govt backs financial creditors

The Bill has proposed a time limit of 330 days for completion of the resolution process including the litigation

The Jet Airways insolvency case brings to fore grey areas in aviation law

One of the issues is how long the airline can enjoy rights over its parking slots at airports

Essar Steel insolvency: SC expresses reservation on redistribution of funds

Top court says will settle the issue of distribution of funds once and for all, hearing to begin August 7

Govt clears 7 amendments to insolvency law; resolution plan binding on all

The resolution plan will be binding on all stakeholders including the central government, any state government or local authority.

Lenders wary of using IBC for debt resolution over creditors' parity

Secured financial creditors will now get the same - 60.7% of the total amount

NCLAT rejects HDFC's plea seeking insolvency against RHC Holding

The appellate tribunal said it found "no merits" in HDFC's petition and said that non-bank financial lenders come under the purview of the Reserve Bank of India

Singapore can become major investor in India's stressed assets, says envoy

Indian envoy Javed Ashraf was addressing some 200 investors and business leaders at the conference on India's Insolvency and Bankruptcy Code (IBC)

The curious case of twin bad loan resolution

Two cases that could be resolved this week illustrate the progress of the single-window insolvency and bankruptcy resolution process