Category: IBC-SEBI

lipped from: https://www.business-standard.com/article/opinion/the-spirit-of-the-law-123010501372_1.html Post-auction bids will delay insolvency resolution The resolution process of Reliance Capital was put on hold this week till the next hearing before the National

Clipped from: https://www.thehindubusinessline.com/data-stories/data-focus/share-buybacks-how-peter-is-paying-taxes-on-behalf-of-paul/article66313316.ece In the press conference after the recent SEBI Board Meeting, Chairperson, Madhabi Puri Buch remarked that Peter is paying taxes on behalf of

Clipped from: https://www.business-standard.com/article/opinion/speed-and-capacity-122122801277_1.html Restoring trust in IBC must be a priority The Insolvency and Bankruptcy Code (IBC) is one of the biggest achievements of this government in the

Clipped from: https://www.thehindubusinessline.com/money-and-banking/ibc-resolution-value-may-be-compared-with-liquidation-value-of-stressed-assets-says-rbi/article66311267.ece Comparison of realised value with admitted claims may not be reasonable indicator of effectiveness of the resolution process, says RBI report Declining rates

Clipped from: https://www.business-standard.com/article/companies/realisation-through-ibc-close-to-201-of-liquidation-value-as-of-sept-rbi-122122700833_1.html SARFAESI and Debt Recovery Tribunals have yielded recovery rates comparable to the IBC mechanism, says Trend and Progress Report In cases where corporate

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

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

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

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

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

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