Category: IBC-SEBI

Following Techno Electric & Engineering’s appeal at the National Company Law Tribunal (NCLT)’s Kolkata Bench to initiate insolvency proceedings against McLeod Russel, a bank has

The cumulative share of operational creditors in companies admitted under Insolvency and Bankruptcy Code (IBC) has reduced to 48 per cent at the end of Q2 from 50 per

Markets regulator Sebi on Monday disposed of adjudicating proceedings initiated against ABG Shipyard, for allegedly not making requisite disclosure under the Listing norms, as the company is under

Prompt course corrections have been done to the insolvency law to address the needs of stakeholders, IBBI chief M S Sahoo said on Monday as

Markets regulator Sebi is considering a move, it has been reported, to replace the term promoter with another, controlling shareholders, to be more in line

Proposed amendments to the Companies Act are said to reportedly facilitate easier norms for fund-raising through the use of rights issues. The move comes even as the

Insolvency and Bankruptcy Board of India Chairperson Dr. M. S. Sahoo, in an exclusive interview with BW Businessworld’s Suman K Jha, says that with the Insolvency and

Citing the information received from NCLT, Minister of State for Corporate Affairs Anurag Singh Thakur said that a total 1,821 cases have been filed by

Two- and-a-half years after the Indian central bank took the highly unusual step of directing banks to put 12 large corporate debtors into bankruptcy, the

Avoid in the law that till now offered no resolution path for troubled non-banking finance companies (NBFCs) which are unable to service their debts has

The Pune bench of the Debt Recovery Tribunal (DRT) has stopped DHFLNSE -4.92 % from making any further payments to any of its unsecured creditors, passing an order on

The government is examining the demand of last-mile financiers to be given priority in insolvency and bankruptcy proceedings, a senior government official told Business Standard.