Category: IBC-SEBI

The government will soon come up with detailed guidelines for regulators and tax authorities to protect the winning bidders in Insolvency and Bankruptcy Code (IBC) cases against

In a ruling upholding the prevalence of the Insolvency and Bankruptcy Code (IBC) over the Prevention of Money Laundering Act (PMLA), the appellate authority of

All these changes, and the cross-border insolvency norms, will be part of the upcoming amendment to the IBC, which will then be introduced in the

After several aborted bids for insolvent companies, banks and resolution professionals (RPs) have reached an understanding to keep the UK-based Liberty House out of the

Over the last weekend, it organised four programmes with senior income tax officials in Mumbai, Kolkata, Bengaluru and Ahmedabad and discussed in detail various contours

The Ministry of Corporate Affairs (MCA) is of the view that once the corporate insolvency resolution process (CIRP) is completed against an insolvent firm, there

India is planning to have a comprehensive online marketplace for stressed assets where potential investors, both domestic and foreign, will be able to not just

Though the recent NCLAT order staying the Enforcement Directorate attachment of Bhushan Power and Steel asset would provide some comfort for winning bidders of other

Third judge to decide on bank’s pleato initiate insolvency proceedingsagainst the corporate debtor While there are numerous issues cropping up under IBC — undue delays

Kotak Mahindra Asset Management and Axis Asset Management on Thursday moved the Bombay High Court seeking a direction to the crippled mortgage lender DHFLNSE 1.24 % to disclose all

As the probe continues into the IL&FS case, a senior government official has said the group’s auditors have “many questions to answer” prima facie as

The Insolvency and Bankruptcy Code (IBC) is a key structural reform meant to swiftly resolve corporate distress and redeploy the resources locked up in the

Independent directors do not have equal chances to discover the frauds, but ironically they are sent notices, hurting their reputation and taking up a lot

The new resolution mechanism for finance companies may apply only to limited set of entities. Deposit taking and systemically important NBFCs may be kept out

The working group noted that creditors tend to treat group entities as a single economic entity even when they were lending to distinct entities. A

The government is examining suggestion to raise threshold of Rs 1 lakh default to invoke the Insolvency and Bankruptcy Code (IBC) to reduce number of cases in