The biggest success story under the Insolvency and Bankruptcy Code (IBC) so far, the resolution of a dying Bhushan Steel and the process of takeover by Tata Steel for Rs 35,571
Day: May 8, 2019
Dangerous to let viable cos shut down, IBC gives another chance: IBBI chief | Business Standard News
Committees of Creditors (CoCs) should provide all relevant information and share their vision for companies under the insolvency process, a senior official said Saturday as he asserted that it
Consumption expenditure is losing steam – The Hindu BusinessLine
Consumers have proved to be messiahs for the Indian economy in the last three years, propping up demand for goods and services with their spending,
All you wanted to know about haircuts – The Hindu BusinessLine
Of late, it is not just magazines offering lifestyle and beauty tips that have been featuring discussions on haircuts. The pink papers have been devoting
IBC: RCom lenders to finalise RP from shortlist of 5 – The Hindu BusinessLine
The lenders of Reliance Communications (RCom), an Anil Ambani group company, have shortlisted five Resolution Professionals (RPs) based on technical evaluation for the debt-laden firm’s
Adherence to IBC timelines still a challenge, says Crisil – NEWS – The Hindu BusinessLine
Adherence to the IBC timeline, burden on NCLT to resolve the large number of cases, clarity on priority of claims, limited number of information utilities
Liquidation process for ABG Shipyard commences – The Hindu BusinessLine
Debt-ridden ABG Shipyard on Monday announced commencement of the liquidation process under the Insolvency and Bankruptcy Code. “NCLT vide order dated April 25, 2019…ordered commencement
Below the line – OPINION – The Hindu BusinessLine
NCLAT Chairman Justice SJ Mukhopadhaya was at his witty best at a recent insolvency law conference in the Capital. He wanted the ‘Committee of Creditors’
‘IBC helped creditors recover 195% of liquidation value’ – The Hindu BusinessLine
The creditors of companies that have been rescued from liquidation as of March 2019 have been able to realise 195 per cent of the ‘liquidation