“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
Category: IBC-SEBI
NCLT admits insolvency plea against power company EMC – The Economic Times
The National Company Law Tribunal’s Kolkata bench has admitted the insolvency plea against power transmission company EMC, which has defaulted on payments to the tune of Rs 6,500
Sole bidder for Jyoti Structures asked to revise resolution plan – The Hindu BusinessLine
The National Company Law Appellate Tribunal (NCLAT) has on Thursday ordered the only bidder for Mumbai-based infrastructure EPC company Jyoti Structures Ltd. to revise its
tie global business summit: In a society with more challenges, entrepreneurship will grow even faster: Suresh Prabhu – The Economic Times
Startups will be the ones to trigger change in a big way, Suresh Prabhu, Union Minister of Commerce & Industry and Civil Aviation said while addressing a
Easier said than done – The Hindu BusinessLine
India moves up several notches in ease of doing business, but grey areas remain It is no mean feat that India has moved up 53
Ludo vs Snakes & Ladders | Opinion News, The Indian Express
Ludo and Snakes & Ladders are both very different games even though both involve rolling a dice. Ludo is more laborious, but you know where
Viceroy Hotels Ltd. – Corporate Insolvency Resolution Process (CIRP)-Intimation of meeting of Committee of Creditors – The Hindu BusinessLine
Sub: Notice of 11th Committee of Creditors Meeting Ref: Disclosure under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements), Regulations, 2015 – Reg. With
Ramsarup Industries Ltd. – Corporate Insolvency Resolution Process (CIRP)-Outcome of meeting of Committee of Creditors – The Hindu BusinessLine
The 15th meeting of the CoC of the Corporate Debtor was held on 02.11.2018 The outcome of the meeting is summarized as herein below: 1.The
Abg Shipyard Ltd. – Corporate Insolvency Resolution Process (CIRP)-Updates – Corporate Insolvency Resolution Process (CIRP) – The Hindu BusinessLine
In addition to our earlier disclosure made on 02nd May 2018, 11th May 2018, 20th June 2018, 12th July 2018, 27th July 2018, 20th August
SC okays UltraTech bid for Binani Cement – Today’s Paper – The Hindu BusinessLine
In a move that could have major implications for ongoing insolvency proceedings, the Supreme Court has approved the revised offer of UltraTech Cement to acquire
Asset sales better for resolving bankruptcy faster: Liberty chief – Times of India
Liberty House founder and chairman Sanjeev Gupta said the Insolvency and Bankruptcy Code (IBC) should focus on asset sales rather than selling down companies to speed up the resolution process.
‘Delays beyond 270 days at NCLT cost banks Rs 4,000 crore’ – Times of India
The inordinate delays beyond the 270-day deadline under the Insolvency and Bankruptcy Code (IBC) have cost the lenders to the first ‘dirty list’ of 12 large defaulters
Insolvency & Bankruptcy Code to be main tool for bank debt resolution – Times of India
The government wants to deploy Insolvency & Bankruptcy Code (IBC) as the main tool for bank debt resolution and is not keen on the use
Bankers clear proposal for sale of Educomp to Ebix | business news | Hindustan Times
A transaction audit was carried out as per existing IBC norms and barring a few technical issues, Educomp’s resolution and operational handover process was found
A shot in the arm for Bhushan, Essar Steel operational creditors – The Hindu
The National Company Law Appellate Tribunal’s (NCLAT) decision to approve the revised bid of ₹7,950 crore by UltraTech Cement for debt-ridden Binani Cement is likely
Videocon: Banks move DRT to enforce personal guarantees provided by Dhoots for Videocon loans
A consortium of banks has applied to the debt recovery tribunal in Delhi seeking to enforce personal guarantees on the promoters of VideoconNSE 4.48 % group, Venugopal Dhoot and
Bring back court scrutiny of corporate schemes | Business Standard Column
If news reports are to be believed, a proposal to prune the jurisdiction of the National Company Law Tribunal (NCLT) is afoot. The power of the NCLT to approve
Bankrupt plan: New bankruptcy resolution plan is full of holes, a bad idea – The Financial Express
With a good number of cases having been heard and successfully concluded, the time taken to resolve the next lot of cases should be much
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
Essar Steel insolvency case lands in legal ambiguity; NCLT to hear Essar Steel insolvency case | Business Standard News
Hurdles in the Essar Steel (ESIL) insolvency case before the National Company Law Tribunal’s (NCLT’s) bench at Ahmedabad continue to pile up. A hearing is
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