Around 212 firms were sent for liquidation under the Insolvency and Bankruptcy Code (IBC) till September-end, a top official said Saturday. Insolvency and Bankruptcy Board
Category: IBC-SEBI
More relaxation sought for MSME promoters in IBC cases – BW Businessworld
Insolvency Professionals today made a pitch for additional relaxation for promoters in the MSME sector with regard to bidding for their own assets, in cases
IL&FS: SFIO smells a rat in Rs 400-crore IL&FS loan to staff trust–Economic Times
The Serious Fraud Investigation Office has said InfrastructureNSE -0.64 % Leasing & Financial Services (IL&FS) extended loans of over Rs 400 crore to the employee trust, knowing fully well they would
IBC offers attractive, conducive environment to foreign investors to come to India: Arun Jaitley–Economic Times
India, among the world’s fastest growing emerging economies, is likely to maintain the “high growth rate” of 7-8 per cent over the next decade, Finance Minister
NCLT dismisses HDFC plea for initiating insolvency proceedings against RHC Holding – The Hindu BusinessLine
The National Company Law Tribunal (NCLT) on Thursday dismissed the plea of HDFC Ltd to initiate insolvency proceedings against RHC Holding, a non-banking financial company
IL&FS: New IL&FS Board lines up fire sale, 65% staff may be fired
The Uday Kotak-led board of Infrastructure Leasing and Financial Services (IL&FS) is taking a string of steps — from selling stakes in subsidiaries and real estate to
Government to raise NCLT members to 60 from 32 soon to ease pressure – The Economic Times
The government has intensified efforts to ease the pressure on the National Company Law Tribunal (NCLT) and is learnt to be in the final stages of hiring judicial
Pre-packaged bankruptcy scheme to speed up insolvency resolutions pre-IBC – The Financial Express
The resolution plan so reached can then be placed before the NCLT for approval, so that it can be implemented. The government is exploring the
IBC may need tweaks in provisions to iron out operational issues: Experts | Business Standard Column
A slew of petitions from a clutch of aggrieved operational creditors is currently before the Supreme Court. Arguments for and against the RBI circular that pushed several power companies
IBC outcome encouraging and disposal quite quick: IBBI chief – NEWS – The Hindu BusinessLine
“The speed of resolution process has to improve so as to make the Insolvency and Bankruptcy Code (IBC) more responsive to the large number of
Cochin industry body organises seminar on Insolvency and Bankruptcy – The Hindu BusinessLine
The Cochin Chamber of Commerce and Industry has organised a seminar on Insolvency and Bankruptcy to spread awareness on the implication of IBC for making
Insolvency And Bureaucratic Code-Minhaz Merchant – BW Businessworld
The Insolvency and Bankruptcy Code (IBC) is one of the most farsighted economic reforms legislated by the Narendra Modi government. It promises to mitigate the principal weakness
Insolvency Resolution Professional New Age Liquidators Or A Bit More -Monish Panda – BW Businessworld
The Insolvency Resolution Professional (“IRP”) is an integral part of the Insolvency and Bankruptcy Code, 2016 (“IBC”); a laudable and long overdue Legislation. Even though
Essar Steel: NCLT defers operational creditors’ plea to Dec 10
The National Company Law Tribunal (NCLT) here Wednesday deferred hearing to December 10 on petitions filed by close to 30 operational creditors of Essar Steel
IBC forces companies to settle Rs 1.2 lakh crore debt out of court
The threat of promoters losing control of their company or a protracted legal proceedings under the new Insolvency and Bankruptcy Code (IBC) is forcing many
‘IBC segregates judicial, commercial aspects of insolvency’
It is going to be 17 months since Reserve Bank of India (RBI) had first asked the banks to take the 12 big loan defaulters
‘IBC segregates judicial, commercial aspects of insolvency’
The Insolvency and Bankruptcy Code has segregated judicial and commercial aspects of the insolvency process whereby stakeholders have the right to decide on what suits them, IBBI
IK&FS crisis: NCLT asks former directors of IL&FS to disclose assets – The Economic Times
The National Companies Law Tribunal today passed an interim order asking nine directors of debt ridden Infrastructure Leasing & Financial Services (IL&FS) including Ravi Parthasarathy and Hari Sankaran, Arun
IBC may need tweaks in provisions to iron out operational issues: Experts | Business Standard Column
A slew of petitions from a clutch of aggrieved operational creditors is currently before the Supreme Court. Arguments for and against the RBI circular that pushed several power companies
Strengthening the IBC | Business Standard Editorials
One of the concerns about the Insolvency and Bankruptcy Code (IBC) has always been how well it will stand up to legal tests. The National Company Law Tribunal (NCLT),
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