Category: IBC-SEBI

Before IBC, the recovery (of debt) rate was around 26% and the time taken for closure of the case was over four years. IBC has

Finance Minister Nirmala Sitharaman has said that uncertainty arising out of one case should not be generalised about the efficiency and effectiveness of Insolvency and

The Enforcement Directorate (ED) has sought legal opinion to challenge in the Supreme Court the National Company Law Appellate Tribunal (NCLAT)’s order asking it to

A working group of experts have come out with a report on the group insolvency law. In what could be the first glimpse of the

Are unscrupulous or speculative homebuyers trying to disrupt otherwise well-run real estate companies? Are homebuyers who have an axe to grind misusing the insolvency and

Rajasthan Chief Minister Ashok Gehlot has written a letter to Prime Minister Narendra Modi asking him to safeguard the assets of state government and interests

Since the corporate insolvency law – Insolvency and Bankruptcy Code (IBC) – came into existence in May 2016, the court has adjudicated liquidation of 486

One of the few high-profile successes of the Insolvency and Bankruptcy Code (IBC) has been the sale of Bhushan Power & Steel Ltd (BPSL) to JSW Steel.

According to Patanjali’s plan, the banks would take a 65 per cent haircut on Ruchi Soya’s Rs 12,100-crore dues Bankers are jittery over Patanjali Ayurved’s

The IBBI data also shows about 56.17 per cent of the CIRPs, which were closed, ended in liquidation, and only 14.93 per cent ended with

During the proceedings, counsel appearing for the real estate development company cited provisions of the Companies Act and NCLT Rules, 2016 in support of its

The National Company Law Appellate Tribunal (NCLAT) has stayed the sale of Orchid Pharma to Dhanuka Laboratories, in the eleventh hour, as the scheme for acquisition was to

HDIL reported a 67% on-year decline in net profit in the quarter ended June 30, at Rs 8.24 crore. Total income fell 44% to Rs

The NCLAT has dismissed a plea to initiate insolvency proceedings against smartphone and mobile accessories maker Intex TechnologiesNSE -0.31 % India Ltd by one of its creditors. A three-member

Corporate governance has rarely been India’s strong point, and the recent past has reminded investors of this weakness with startling frequency. Especially noticeable is the failure

A steep sudden fall in share price can now trigger much more than uncomfortable investor calls for the management of a listed company. Recent moves