मोदी सरकारच्या काळात दिवाळखोरीची सनद तयार केली गेली, ही अर्थक्षेत्रातील अत्यंत महत्त्वाची घटना. पाच वर्षांतील सहावा अर्थसंकल्प नरेंद्र मोदी सरकार मांडत होते त्या दिवशी अन्य
Category: IBC-SEBI
Insolvency and Bankruptcy Board of India | Home
via Insolvency and Bankruptcy Board of India | Home
Now, Reliance Industries knocks on NCLT’s door for share in Essar Steel pie | Business Standard News
Mukesh Ambani-led Reliance Industries (RIL) has joined other operational creditors knocking on the doors of the National Company Law Tribunal (NCLT), seeking dues in the
Anil Ambani can’t find a fix for RCom, files for bankruptcy – The Economic Times
RCom, controlled by businessman Anil Ambani, owed banks $7 billion as of March 2017 when it last made public its debt level, and more to
Hindrance to resolution professional’s work will amount to Contempt of Court – The Economic Times
The Police Commissioner, Ahmedabad, has been directed to provide police assistance to the RP. India’s insolvency courts are stepping in to provide a judicial shield
SBI: Madam, don’t send us to court, firms tell biggest India bank – The Economic Times
By Saloni Shukla and P R Sanjai With 1.8 trillion rupees ($25 billion) in bad corporate debt to clean up, State Bank of IndiaNSE 2.16 % is having an
End-game at Jet – The Hindu BusinessLine
The end-game seems under way at Jet Airways. With various fund-raising efforts coming to naught and its back to the wall, cash-strapped Jet Airways has
NCLT Delhi initiates insolvency process against Emaar MGF Land – The Economic Times
NCLT Delhi on January 24 has initiated an corporate insolvency resolution process against Emaar MGF Land. The court has appointed Manoj Kumar Anand as the Insolvency Resolution Professional for
Shot in the arm: on SC upholding Insolvency and Bankruptcy Code – The Hindu
Last week’s Supreme Court judgment upholding the validity of the Insolvency and Bankruptcy Code 2016 (IBC) in its “entirety” could have a major impact on the country’s
NCLT rejects Essar Steel promoter Ruias’ settlement bid – The Economic Times
The National Company Law Tribunal (NCLT) Tuesday rejected the debt settlement proposal put forth by the shareholders of Essar Steel saying the offer violates Section 12A of
Government sets March deadline to resolve 9 top insolvency cases – The Economic Times
The government has set a March deadline for lenders and resolution professionals (RPs) to resolve nine of the dozen high-value insolvency cases, with Essar SteelNSE 0.00 % and Jaypee InfratechNSE
Timely NCLT resolutions can release Rs 67,000 crore to lenders: Report – The Economic Times
While the number of insolvency cases are expected to pile up over the next few quarters, timely conclusion of cases within the law mandated 180-270
Insolvency Law–Expert view: Those who gave personal guarantees may get into trouble: Sandeep Parekh, Finsec Law Advisors – The Economic Times
he SC ruling will prove to be huge for the economy and it will be good for the banking system as it allows them not
Amid delayed insolvency process, Cantor, SC Lowy eye India’s bad loans | Business Standard News
Many global funds have pushed for India to resolve its bankruptcy cases faster, but some investors are finding opportunities in the delays. As Indian lenders
How litigation shackled bankruptcy reform and forced fire-sale of bad loans | Business Standard News
When India introduced new bankruptcy resolution rules in 2016, government officials and investors said they expected debt-burdened state-owned banks to clear up some of their
Number of cases withdrawn under Sec 12A of IBC sees a spike in Q3 FY19 | Business Standard News
An amendment in the Insolvency and Bankruptcy Code (IBC) last year to insert Section 12A which allowed withdrawal of cases admitted to the National Company
A resounding nod | –Insolvency Law–Business Standard Editorials
On Friday, a two-judge Bench of the Supreme Court cleared the path for the untrammelled functioning of the Insolvency and Bankruptcy Code (IBC). The IBC was enacted in 2016, replacing a host
Jet Airways to seek shareholders’ nod to convert debt into equity – The Hindu BusinessLine
In a clear indication that lenders are set to get a larger say in the running of debt-laden Jet Airways, the airline on Monday said
Insolvency and Bankruptcy Code: Three years later, India’s bankruptcy reform languishes in courts – The Economic Times
The Insolvency and Bankruptcy Code, introduced in May 2016, allows even small creditors to file insolvency petitions against a company that had defaulted on debt.
Welcome apex court ruling on bankruptcy–Economic Times
The Supreme Court verdict upholding the Insolvency and Bankruptcy Code (IBC) in its present form is welcome. While it is not unnatural for new legislation