Month: September 2019

The Supreme Court’s judgment on Friday re-affirming the rights of end-use home buyers as financial creditors under the Insolvency and Bankruptcy Code (IBC) is expected to provide

Amendments to insolvency law are aimed at ensuring greater timeliness for resolution process, which has to be completed in 330 days, and changes are to

The National Company Law Appellate Tribunal (NCLAT) has asked the NCLT to decide over an insolvency plea filed against leading real estate firm Raheja Developers by one of its operational creditors.

The government is expected to bring in amendments to the Insolvency and Bankruptcy Code (IBC) in individual and crossborder cases, seeking to ensure strict implementation of resolution plans

VideoconNSE -3.13 % Industries said on Monday it is unable to publish its financial results for the quarter ended June 30 due to the ongoing consolidation

The Supreme Court on Friday ordered status quo for two weeks on Jaypee Group‘s plea against NCLAT order which allowed fresh bidding for debt-laden Jaypee InfratechNSE -3.85 %. A bench of

n a significant move, the Insolvency and Bankruptcy Board of India (IBBI) has tightened norms governing resolution professionals wherein restrictions will also be in place for their

by Andy Mukherjee At last, India’s in-court bankruptcies will show some urgency and common sense. On Wednesday, the government said it would amend the 2016 insolvency law,

Reacting to the death of Cafe Coffee Day founder V G Siddhartha, Finance Minister Nirmala Sitharaman on Thursday said business failures in the country should not be tabooed, or looked

The IBC is a transformational reform, which sends a message to large borrowers they cannot turn the other way when they do not repay their