Day: September 23, 2019

Suggesting substantial changes to competition regulatory framework, a government-constituted high level panel has recommended a green channel route for automatic approval of certain combinations, including

Experts feel market conditions could hammer down valuations of stressed assets Liquidity crunch is impacting debt resolution under the Insolvency and Bankruptcy Code (IBC) and outside, several top lenders have

The operational creditors of Essar Steel on Wednesday told the Supreme Court (SC) that they would challenge the latest amendments made to the Insolvency and Bankruptcy Code (IBC), which gave preference

A key feature of the Insolvency and Bankruptcy Code (IBC), 2016, is that operational creditors — which include employees, suppliers, and consumers — do not participate in

The government has sought the Supreme Court’s (SC’s) approval to frame rules for making judges of the National Company Law Tribunal (NCLT) accountable in ensuring corporate insolvency

The government’s move to amend the Insolvency and Bankruptcy Code (IBC) was largely to clear its legislative intent and not to encroach on the Supreme

The Rajya Sabha on Monday approved amending the three-year-old Insolvency and Bankruptcy Code (IBC), providing clarity about preference to secured lenders over operational creditors and giving lenders

More than 500 corporate insolvency cases will have less than three months to complete their resolution or face the prospect of liquidating firms as soon

Four companies have shown interest in reviving Empee Distilleries, which is currently under Corporate Insolvency Resolution Process (CIRP) for not paying over Rs 300 crore dues to

The SFIO contended the NCLT does not have the jurisdiction to direct an investigation into the affairs under the provisions of the Companies Act. The

In its order, the NCLT, however, accepted the fact that there was a default and debts are payable by Rohit Ferro to the state-run lender.

NCLAT was hearing a petition filed by the Dutch Court Administrator against the order of the Mumbai bench of the National Company Law Tribunal (NCLT),