The IBC process has shifted the balance of power from the debtor to the creditor Not only is the recovery rate of the 94 cases
Author: Anil R Tikotekar
Bombay HC allows crew of arrested TAG Offshore ship to disembark – NEWS – The Hindu BusinessLine
The Bombay High Court has allowed 16 crew members stranded on board a ship owned by bankruptcy-bound TAG Offshore Ltd to disembark without attracting any
Punj Lloyd Ltd. – Corporate Insolvency Resolution Process (CIRP)-Outcome of meeting of Committee of Creditors – The Hindu BusinessLine
Pursuant to Regulation 30 (2) of SEBI (LODR) Regulations, 2015 (LODR) and in accordance with the requirements of Sub Cl 16 (g) of Clause A
As IBC pressure mounts, borrowers hasten to pay up – MONEY & BANKING – The Hindu BusinessLine
With the Insolvency and Bankruptcy Code 2016 (IBC) shifting the balance of power, borrowers are making good the amounts in default to the creditors, and
Tweak in insolvency resolution process to open window wider for original promoters – Today’s Paper – The Hindu BusinessLine
The Insolvency and Bankruptcy Board of India (IBBI) proposes to make the legal regime around withdrawal of resolution applications under the Insolvency and Bankruptcy Code
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
IBC hits and misses | The Indian Express
Under the law, the insolvency resolution process is to be completed in 180 days, which can be extended by another 90 days to a maximum
Banking sector gross NPA falls as IBC helps in better recovery | Business News, The Indian Express
Even as the average time taken for resolution under IBC is higher than what is set out in the law, the bankruptcy system is yielding
Lenders’ differences, legal challenges behind delay in resolutions under IBC | Explained News, The Indian Express
IBC offers better recovery rate of 43% to financial creditors. A number of hurdles have recently delayed debt resolution at Essar Steel India Ltd, which
GST: Now, owners may have to pay different GST for identical flats–Economic Times
The taxman has asked builders to choose before May 10 the new goods and services tax (GST) rate for ongoing realty projects. The concessional rate,
Will throw you out; transfer ownership rights of properties “lock, stock and barrel”: SC warns Amrapali – The Economic Times
The Supreme Court Wednesday warned the Amrapali Group that they can be thrown out from their 15 prime residential properties and may transfer “lock, stock and barrel”
SC shocked over “manipulation” of court’s order in Amrapali case, says more heads will roll – The Economic Times
Shocked by “unfortunate” manipulation of its order in the high profile Amrapali case, the Supreme Court Wednesday issued a stern warning to errant Registry staffers and said some more
gdp data row: NDA govt’s growth figures are a sham: P Chidambaram – The Economic Times
It is now in the public domain that the MCA data is full of holes. NSSO has found that 35% of the companies in the
B2B invoices will have to be generated on govt portal by September to check GST evasion – The Economic Times
There are over 1.21 crore registered businesses under the GST, of which 20 lakh are under the composition scheme. All invoices for business-to-business sales by
GST: What a novice exporter needs to keep in mind–Economic Times
By Rajat Mohan Novice exporter should always ensure that he is aware of all regulations related to exports including registration procedure, compliances in terms of current taxation
gst: Abbott anti-profiteering case stayed, hope for other firms – The Economic Times
The Delhi High Court’s recent stay on anti-profiteering proceedings against AbbottNSE -0.27 % Healthcare opening a window for other firms to become party to the case that challenges constitutional
IL&FS resolution on track; green companies’ Rs 12,000 cr debt likely to be settled by July: Official – The Economic Times
Noting that the issue is the distribution ratio between secured and unsecured creditors, he said one option could be that senior creditors get precedence and
Bimal Jalan: After elections, set up a body to audit how data was calculated: Bimal Jalan – The Economic Times
One of the big issues facing the Indian economy is that of data credibility. This is the second time around that we have seen the NSSO data being
Patanjali bid for Ruchi Soya: NCLT reserves order, seeks funding details again – The Economic Times
The National Company Law Tribunal (NCLT) Friday reserved its order on the Rs 4,350-crore offer by Patanjali to take over the crippled edible oil firm Ruchi SoyaNSE -4.83
IL&FS resolution on track; green companies’ Rs 12,000 cr debt likely to be settled by July: Official – The Economic Times
Noting that the issue is the distribution ratio between secured and unsecured creditors, he said one option could be that senior creditors get precedence and