lipped from: https://economictimes.indiatimes.com/news/economy/policy/is-the-government-strategically-maneuvering-the-ibc/articleshow/96484199.cms Synopsis Strangely, post the announcement of Bad Bank, the National Company Law Tribunal (NCLT) benches have been staffed sub-optimally. Fewer judges have led
Category: IBC-SEBI
Sebi penalises 2 people for insider trading in Deepak Fertilizers shares | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/sebi-penalises-2-people-for-insider-trading-in-deepak-fertilizers-shares-122122200871_1.html Capital markets regulator Sebi on Thursday imposed penalties totalling Rs 45 lakh on two individuals for indulging in insider trading in the shares
Govt mulls quicker resolution of builders’ insolvency – The Hindu BusinessLine***
Clipped from: https://www.thehindubusinessline.com/news/real-estate/govt-mulls-quicker-resolution-of-builders-insolvency/article66291417.ece The proposed change to the Insolvency and Bankruptcy Code will permit resolution of the cases on a project-wise basis India plans to introduce
Sebi board approves phasing out shares buyback through stock exchanges | Business Standard News
Clipped from: https://www.business-standard.com/article/markets/sebi-board-approves-phasing-out-shares-buyback-through-stock-exchanges-122122001185_1.html Buybacks will be undertaken through a separate window on stock exchanges until then The Securities and Exchange Board of India (Sebi) board on Tuesday approved
Sebi board may tweak buyback regulations | The Financial Express
Clipped from: https://www.financialexpress.com/market/sebi-board-may-tweak-buyback-regulations/2918657/ At least two-third members of the board of the MIIs have to consist of public interest directors (PIDs). PIDs should be appointed with
Control redefined | The Financial Express
Clipped from: https://www.financialexpress.com/opinion/control-redefined/2918703/ Changes in the Competition Amendment Bill have been prompted by deals in the digital space Hitherto, the CCI has been reviewing mergers, amalgamations
From 70 days to 7, SEBI to fast-track IPO clearance – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/markets/from-70-days-to-7-sebi-to-fast-track-ipo-clearance/article66272226.ece SEBI chief Madhabi Puri Buch plans to cut down the time taken by the regulator in clearing IPO documents to just seven days
New buyback rules for the better | The Financial Express
Clipped from: https://www.financialexpress.com/market/explainer-new-buyback-rules-for-the-better/2913653/ The Sebi-appointed sub-group recommends the timeline be first reduced to 66 days from April 2023, and to 22 days from April 2024. All
Possible to improve IBC with non-legislative fixes: ex-IBBI chief M S Sahoo | Business Standard News*****
Clipped from: https://www.business-standard.com/article/companies/possible-to-improve-ibc-with-non-legislative-fixes-ex-ibbi-chief-m-s-sahoo-122121100323_1.html In a Q&A, Sahoo also calls for increasing the number of members in NCLT in order to expedite insolvency and bankruptcy cases The
A case for stakeholder involvement | The Financial Express*****
Clipped from: https://www.financialexpress.com/opinion/a-case-for-stakeholder-involvement/2908142/ The liquidation of bankrupt companies should consider the well-being of minority investors too. but currently, the IBC falls short The robustness of the
To attach or not to attach corporate debtor’s assets? –COURTESY BusinessLine
To attach or not to attach corporate debtor’s assets?: https://www.thehindubusinessline.com/business-laws/to-attach-or-not-to-attach-corporate-debtors-assets/article66223278.ece
HC stays penalty imposed on IRP for alleged negligence
Clipped from: https://taxguru.in/corporate-law/hc-stays-penalty-imposed-irp-alleged-negligence.html Sunil kumar Agarwal S/O. Kishan Lal Agarwal Vs IBBI (Gujarat High Court) 1 Heard Mr.Percy Kavina, learned Senior Counsel with Mr.Vishal Dave, learned
Out-of-court deals gain traction as lenders, companies look to avoid IBC –Courtesy Economic Times
Out-of-court deals gain traction as lenders, companies look to avoid IBC https://economictimes.indiatimes.com/industry/banking/finance/banking/out-of-court-deals-gain-traction-as-lenders-companies-look-to-avoid-ibc/articleshow/95865029.cms Download Economic Times App to stay updated with Business News – https://etapp.onelink.me/tOvY/135dde21
Sebi amends norms; brings in buying, selling of mutual funds under insider trading rules –Economic Times
Sebi amends norms; brings in buying, selling of mutual funds under insider trading rules https://economictimes.indiatimes.com/mf/mf-news/sebi-amends-norms-brings-in-buying-selling-of-mutual-funds-under-insider-trading-rules/articleshow/95761709.cms Download Economic Times App to stay updated with Business News
NCLAT stays insolvency proceedings against Bilcare –Economic Times
NCLAT stays insolvency proceedings against Bilcare https://economictimes.indiatimes.com/industry/banking/finance/nclat-stays-insolvency-proceedings-against-bilcare/articleshow/95669834.cms Download Economic Times App to stay updated with Business News – https://etapp.onelink.me/tOvY/135dde21
Insolvency Law likely to see 2 key tweaks — Economic Times
Insolvency Law likely to see 2 key tweaks https://economictimes.indiatimes.com/news/economy/policy/insolvency-law-likely-to-see-2-key-tweaks/articleshow/95671303.cms Download Economic Times App to stay updated with Business News – https://etapp.onelink.me/tOvY/135dde21