By Taponeel Mukherjee Access to credit, data and transportation are among the most crucial drivers of economic well-being. To ensure better access to critical needs in India,
Category: IBC-SEBI
Bankruptcy: Insolvency law committee calls for stakeholder views – The Economic Times
The Insolvency Law Committee has called for suggestions from stakeholders on the provisions of the Insolvency and Bankruptcy Code as well as the rules and regulations. The government had
Arun Jaitley’s big message to defaulters: ‘IBC instilling fear’ – The Financial Express
Potential loan defaulters have started paying up as the Insolvency and Bankruptcy Code (IBC) has instilled the fear of losing their businesses if they cross
2019 may finally put an end to India’s banking woes – The Economic Times
RBI’s proposed public credit registry for aggregating information about borrowers from multiple agencies at one place is expected to repeat the performance in retail loans.
IBC: India Inc’s sudden and gradual road to freedom – The Economic Times
Till date, IBC has resolved cases involving debt of Rs 3 lakh crore comprising Rs 1.2 lakh crore at the pre-admission stage. The Insolvency and Bankruptcy
Rational Expectations: Fix government policy, or NPAs will rise again – The Financial Express
A severe stress situation is one where, for instance, GDP growth collapses to 5% in FY19 and then to 4.4% in FY20 while the fiscal
CoC, RP faced with grey areas in IBC as bidders hold-up plan implementation | Business Standard News
At least seven companies under the Insolvency and Bankruptcy Code (IBC) are staring at a situation where preferred bidders have raised issues or are reluctant
How IBC changes the game | Business Standard Column
The implementation of the Insolvency and Bankruptcy Code (IBC) is facing difficulties. For the largest firms, there is a whiff of SICA (Sick Industrial Companies Act) in the air,
RBI for one-time restructuring of MSME loans – The Hindu BusinessLine
In a breather to the micro, small and medium enterprise (MSME) sector, the Reserve Bank of India has decided to permit one-time restructuring of existing
A long way to go, still – MONEY & BANKING – The Hindu BusinessLine
It has been an eventful year for the ever-evolving Insolvency and Bankruptcy Code, though it has delivered very little to the purpose for which it
‘Procedural issues getting resolved’ – MONEY & BANKING – The Hindu BusinessLine
JSW Steel is among the few corporates to have an interesting tryst with IBC. After giving up on attempts to takeover Bhushan Steel, it succeeded
Employees of bankrupt RTIL join hands to revive company – NEWS – The Hindu BusinessLine
In a first for a bankruptcy firm, nearly 200 employees of debt-ridden RTIL — formerly Reid & Taylor (India) — have formed an association to
IBBI publishes syllabus for valuer examinations from April 2019 – The Economic Times
The Insolvency and Bankruptcy Board of India (IBBI) Tuesday came out with syllabus for valuer course and the examinations to be conducted from April 1, 2019. IBBI has published
IBBI penalises five debt resolution professionals – The Economic Times
The Insolvency and Bankruptcy Board of India (IBBI) has for the first time penalised at least five resolution professionals, seeking to strengthen the dedicated loan-recovery
In a first, NCLT allows govt to reopen ILFS books – The Financial Express
For the first time, the government on December 21, 2018, had invoked the powers under Section 130 of the new Companies Act of 2013 to
IBC, tortoise that will beat the hare–Economic Times
It has been over two years since India adopted the Insolvency and Bankruptcy Code (IBC) to swiftly resolve corporate distress and clean up bad loans
Insolvency and Bankruptcy Code has a long way to go – The Hindu BusinessLine
Despite several flaws in the three-year-old bankruptcy code, the Government remains unperturbed It has been an eventful year for the ever-evolving Insolvency and Bankruptcy Code,
India Can Now Hope To Be In Top 50 Jaitley On Ease Of Doing Biz Ranking – BW Businessworld
Enthused by 23 notches jump in the World Bank Ease of Doing Business, Finance Minister Arun Jaitley exuded confidence that India can now hope to achieve the
Jet Airways in talks with SBI for Rs 1,500 crore loan – The Economic Times
Loss-making carrier Jet AirwaysNSE 2.24 % is in discussions with the State Bank of IndiaNSE 0.91 % for raising Rs 1,500 crore short-term loan to meet its working capital
IL&FS probe: CA Institute to follow own course; next hearing on Jan 12 – The Hindu BusinessLine
After the ₹90,000-crore IL&FS Group blowout came to light, the CA Institute had held the signing partners of the three top audit firms prima facie