Analysis of Insolvency and Bankruptcy Code (IBC) in Reducing Professional Misconduct Clipped from: https://www.taxscan.in/analysis-of-insolvency-and-bankruptcy-code-ibc-in-reducing-professional-misconduct/330876/ The concept of insolvency is extremely fertile in a market economy. The
Category: IBC-SEBI
👍👍👍👍👍Ways to make IBC more effective – The Hindu BusinessLine
https://www.thehindubusinessline.com/opinion/ways-to-make-ibc-more-effective/article67413342.ece Clipped from: https://www.thehindubusinessline.com/opinion/ways-to-make-ibc-more-effective/article67413342.ece Any litigation around determination of claims should be delinked from the resolution process The very act of reference to CIRP itself is a
👍👍👍👍👍👍👍SEBI has done well to ease death claims process – The Hindu BusinessLine–Editorial
https://www.thehindubusinessline.com/opinion/editorial/sebi-has-done-well-to-ease-death-claims-process/article67399701.ece Clipped from: https://www.thehindubusinessline.com/opinion/editorial/sebi-has-done-well-to-ease-death-claims-process/article67399701.ece Big improvements in India’s market infrastructure and rapid technological adoption have made it very easy for new investors to access and transact
IBC is not fair to retail investors – The Hindu BusinessLine
https://www.thehindubusinessline.com/opinion/ibc-is-not-fair-to-retail-investors/article67400691.ece Clipped from: https://www.thehindubusinessline.com/opinion/ibc-is-not-fair-to-retail-investors/article67400691.ece They have no role in the resolution mechanism, and get next to nothing in the event of recoveries or liquidation of assets
Don’t compromise with wilful defaulters – The Hindu BusinessLine
https://www.thehindubusinessline.com/opinion/dont-compromise-with-wilful-defaulters/article67396977.ece Clipped from: https://www.thehindubusinessline.com/opinion/dont-compromise-with-wilful-defaulters/article67396977.ece The intent and spirit of measures taken post IBC to bring wilful defaulters to book will get diluted Recently, the Reserve Bank
GST impact– Personal guarantee offered by directors –Courtesy Business Standard
https://www.business-standard.com/economy/news/personal-guarantee-to-attract-18-gst-in-exceptional-considerations-123100800732_1.html Clipped from: https://www.business-standard.com/economy/news/personal-guarantee-to-attract-18-gst-in-exceptional-considerations-123100800732_1.html Centre to issue circular soon outlining scenarios, which could trigger tax liability Listen to This Article The personal guarantee offered by directors
IBBI’s new measures aim to boost efficiency in personal guarantor insolvency – The Hindu BusinessLine
https://www.thehindubusinessline.com/economy/ibbis-new-measures-aim-to-boost-efficiency-in-personal-guarantor-insolvency/article67365468.ece Clipped from: https://www.thehindubusinessline.com/economy/ibbis-new-measures-aim-to-boost-efficiency-in-personal-guarantor-insolvency/article67365468.ece IBBI aims to enhance personal guarantor insolvency by introducing mandatory creditor meetings, shared recommendations, and a single resolution professional for both personal
👍👍👍👍👍MCA looks to turbocharge IBC process – The Hindu BusinessLine
https://www.thehindubusinessline.com/economy/mca-looks-to-turbocharge-ibc-process/article67357696.ece Clipped from: https://www.thehindubusinessline.com/economy/mca-looks-to-turbocharge-ibc-process/article67357696.ece Readies slew of likely legal amendments to IBC in upcoming Winter Session of Parliament The Corporate Affairs Ministry (MCA) is looking to
👍👍👍👍👍👍👍The Interplay Between Mediation, Insolvency and Bankruptcy
https://taxguru.in/corporate-law/interplay-mediation-insolvency-bankruptcy.html Clipped from: https://taxguru.in/corporate-law/interplay-mediation-insolvency-bankruptcy.html Introduction The worlds of business and finance frequently cross over between mediation, insolvency, and bankruptcy, which are three separate legal processes. Whereas
Following commercial wisdom will be game changer for resolving bad loans
https://www.business-standard.com/opinion/columns/following-commercial-wisdom-will-be-game-changer-for-resolving-bad-loans-123092400796_1.html Clipped from: https://www.business-standard.com/opinion/columns/following-commercial-wisdom-will-be-game-changer-for-resolving-bad-loans-123092400796_1.html Insolvency resolution should efficiently redeploy assets. Bankers must bring commercial acumen to negotiations, not bureaucratic rigidity Listen to This Article In banking,
IBBI chief calls for efforts to improve bidders’ confidence – The Hindu BusinessLine
https://www.thehindubusinessline.com/economy/ibbi-chief-calls-for-efforts-to-improve-bidders-confidence/article67337325.ece lipped from: https://www.thehindubusinessline.com/economy/ibbi-chief-calls-for-efforts-to-improve-bidders-confidence/article67337325.ece IBBI Chairperson Ravi Mital asks Insolvency Professionals to make every possible effort to improve the system Insolvency Professionals (IPs) should make every
Empowering Home Buyers: IBBI’s game changing amendments in IBC regulation – The Hindu BusinessLine
https://www.thehindubusinessline.com/economy/empowering-home-buyers-ibbis-game-changing-amendments-in-ibc-regulation/article67327181.ece Clipped from: https://www.thehindubusinessline.com/economy/empowering-home-buyers-ibbis-game-changing-amendments-in-ibc-regulation/article67327181.ece Home buyers take centre stage with enhanced rights and representation Home buyers as a class of financial creditors may now get an
IBBI’s game changing reforms: Bridging gaps & boosting efficiency in corporate insolvency – The Hindu BusinessLine
https://www.thehindubusinessline.com/economy/ibbis-game-changing-reforms-bridging-gaps-boosting-efficiency-in-corporate-insolvency/article67323380.ece Clipped from: https://www.thehindubusinessline.com/economy/ibbis-game-changing-reforms-bridging-gaps-boosting-efficiency-in-corporate-insolvency/article67323380.ece Creditors now need to give more and clearer details about debt and default at the application stage for CIRP initiation Insolvency regulator
Questioning priority: Govt dues in IBC
https://www.business-standard.com/opinion/columns/questioning-priority-govt-dues-in-ibc-123082901377_1.html Clipped from: https://www.business-standard.com/opinion/columns/questioning-priority-govt-dues-in-ibc-123082901377_1.html Courts must safeguard the basic structure of the Insolvency and Bankruptcy Code The Insolvency and Bankruptcy Code (IBC) has a noble objective
Future Retail RP says BOI cannot initiate any action against company under IBC – The Hindu BusinessLine
https://www.thehindubusinessline.com/companies/future-retail-rp-says-boi-cannot-initiate-any-action-against-co-under-ibc/article67252093.ece Clipped from: https://www.thehindubusinessline.com/companies/future-retail-rp-says-boi-cannot-initiate-any-action-against-co-under-ibc/article67252093.ece Forensic auditor BDO India LLP was appointed by BOI to undertake an audit of Future Retail’s loan account The resolution professional in
IBC | Firms show marked improvement in post-resolution phase: Study – The Hindu BusinessLine
https://www.thehindubusinessline.com/economy/ibc-firms-that-have-been-through-resolution-process-have-reverted-to-being-productive-efficient-study/article67243775.ece Clipped from: https://www.thehindubusinessline.com/economy/ibc-firms-that-have-been-through-resolution-process-have-reverted-to-being-productive-efficient-study/article67243775.ece Aggregate market capitalisation of ₹4 lakh crore added by firms in post-resolution phase, the IIM Ahmedabad study says Firms that have been