The vacuum in the dispute resolution regulatory environment is being felt as policymakers and regulators grapple with the stress in the cooperative banking system in
Category: IBC-SEBI
From land acquisition to canal project case, here’re the key court orders | Business Standard Column
Builders in the dock over land acquisition The Supreme Court last week prevented the attempt of builders who buy land cheap from farmers after the
Uncertainity of one case does not reflect true efficiency of IBC: FM | Business Standard News
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 Bankruptcy Code. Sitharaman
The IBC process should not be derailed by past promoters’ sins – The Hindu BusinessLine
The National Company Law Appellate Tribunal (NCLAT) must be commended for taking a stand against the Enforcement Directorate’s (ED) attempts to attach properties of Bhushan
DHFL exposure: RBI rejects banks’ ‘Trust’ proposal – The Economic Times
There is an impasse over the resolution plan for the mortgage lender as several mutual funds are refusing to sign the intercreditor agreement. The Reserve Bank
DHFL crisis: SBI, BoB, UBI to move HC seeking rights to pool repayments – The Financial Express
Three public sector banks (PSBs) may soon move the Bombay High Court (HC) for a clarification on the moratorium on repayments by Dewan Housing Finance
Companies under NCLT asked to inform about export liabilities – The Economic Times
Companies that are under the adjudication proceedings before the NCLT have been directed to inform the Directorate GeneralNSE -4.75 % of Foreign Trade (DGFT) about their outstanding
Aayas Trade Services: Mantri creditor Aayas Trade moves NCLT against realtor
A creditor of beleaguered city-based realtor Mantri has approached the National Company Law Tribunal (NCLT) to start insolvency proceedings against the developer for its failure to develop
Government mulls raising Rs 1 lakh default threshold for invoking IBC: Srinivas – The Economic Times
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
IBC Resolution: Time-bound e-bidding to speed up IBC resolution–Economic Times
The government amended the Insolvency and Bankruptcy Code in an attempt to speed up the corporate insolvency resolution process by setting a limit of 330
Govt asks PSBs to look for alternative resolution mechanism outside IBC | Business Standard News
The Union government has directed public sector banks (PSBs) to look for an alternative resolution mechanism outside the Insolvency and Bankruptcy Code (IBC). The government has further told them
Formula on cards to distribute insolvency funds: Corporate Affairs Secy | Business Standard News
In the past three years since the IBC was introduced, 21,000 cases have come for resolution, of which 10,000 have been settled according to government
NCLAT sets aside insolvency plea of bauxite exporter Ashapura Minechem | Business Standard News
The National Company Law Appellate Tribunal (NCLAT) has set aside an order of the Mumbai NCLT admitting a plea filed by bentonite and bauxite exporter
Govt may set threshold for homebuyers to prevent misuse of IBC provision | Business Standard News
The Ministry of Corporate Affairs (MCA) may consider introducing a threshold for homebuyers to treat them at par with financial creditors so that the Insolvency and Bankruptcy Code (IBC)
Govt to soon unveil norms to protect winning bidders in IBC cases | Business Standard News
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
Sterling Biotech case: Appellate authority upholds IBC over PMLA | Business Standard News
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
IBC changes: Want to drag realtor to NCLT? Draw in 99 homebuyers – The Financial Express
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
Liberty House unlikely to re-entry in stressed asset market – The Financial Express
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
How to make IBC fool-proof: Govt crowd sourcing for ideas as delays hit insolvency resolutions – The Financial Express
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
Govt against attachment of insolvent firm’s assets once CIRP is completed – The Financial Express
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