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,
Category: IBC-SEBI
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
SEBI to restrict ties of unregistered finfluencers with intermediaries – The Hindu BusinessLine
https://www.thehindubusinessline.com/news/sebi-looks-to-restrict-finfluencer-ties-with-intermediaries/article67236033.ece Clipped from: https://www.thehindubusinessline.com/news/sebi-looks-to-restrict-finfluencer-ties-with-intermediaries/article67236033.ece Finfluencers registered with SEBI, stock exchanges or AMFI will display their registration number, contact details, investor grievance redressal helpline and make appropriate
SEBI’s proposals on de-listing may aid quicker price discovery – The Hindu BusinessLine
https://www.thehindubusinessline.com/opinion/editorial/sebis-proposals-on-de-listing-may-aid-quicker-price-discovery/article67232113.ece Clipped from: https://www.thehindubusinessline.com/opinion/editorial/sebis-proposals-on-de-listing-may-aid-quicker-price-discovery/article67232113.ece SEBI’s new consultation paper on de-listing has many measures to make life easier for companies seeking to exit the bourses. The most
No role in banks’ selling loans to Edelweiss ARC: GTL Infrastructure
https://www.business-standard.com/companies/news/no-role-in-banks-selling-loans-to-edelweiss-arc-gtl-infrastructure-123082200846_1.html Clipped from: https://www.business-standard.com/companies/news/no-role-in-banks-selling-loans-to-edelweiss-arc-gtl-infrastructure-123082200846_1.html The company continues to operate in normal course of business and does not see any material impact on the operations of the
👍👍👍👍👍👍👍Latest Case Law Related to IBC – April to June 2023
https://taxguru.in/corporate-law/latest-case-law-related-ibc-april-to-june-2023.html Clipped from: https://taxguru.in/corporate-law/latest-case-law-related-ibc-april-to-june-2023.html Supreme Court Orders Sanket Kumar Agarwal & Anr. Vs. APG Logistics Pvt. Ltd. [Civil Appeal No. 748 of 2023] The SC held
Insolvency regulator IBBI Chief pitches for Standardising Valuation – The Hindu BusinessLine
https://www.thehindubusinessline.com/economy/insolvency-regulator-ibbi-chief-pitches-for-standardising-valuation/article67216850.ece Clipped from: https://www.thehindubusinessline.com/economy/insolvency-regulator-ibbi-chief-pitches-for-standardising-valuation/article67216850.ece So far government has not prescribed any definite standard under IBC to conduct the valuations A standardised valuation framework is the need
Future Retail resolution in limbo as RP attempts to prise information from former management
https://www.thehindubusinessline.com/companies/future-retail-resolution-in-limbo-as-rp-attempts-to-prise-information-from-former-management/article67190179.ece The resolution process of Future Retail, currently undergoing bankruptcy proceedings, continues to be in limbo with the resolution professional (RP) locked in a battle with the erstwhile
Centre pushes for faster admission of corporate insolvency cases at NCLT
https://www.business-standard.com/economy/news/centre-pushes-for-faster-admission-of-corporate-insolvency-cases-at-nclt-123081300452_1.html Benches of the National Company Law Tribunal (NCLT) should not get into questioning a company’s default once it is established by the creditors, particularly
Only 6 cases admitted under pre-pack insolvency resolution process for MSMEs since 2021
https://www.financialexpress.com/industry/sme/only-6-cases-admitted-under-pre-pack-insolvency-resolution-process-for-msmes-since-2021/3202707/ Shared by Financial Express android app. Click here to download https://financialexpress.page.link/fe_app
SEBI needs to pace its regulatory changes – The Hindu BusinessLine
https://www.thehindubusinessline.com/opinion/editorial/sebi-needs-to-pace-its-regulatory-changes/article67124097.ece Clipped from: https://www.thehindubusinessline.com/opinion/editorial/sebi-needs-to-pace-its-regulatory-changes/article67124097.ece In the six-month period from February, SEBI has floated over three dozen consultation papers seeking to overhaul the ground-rules for market players