India has begun on resolving the corporate balance sheet, and four big firms have completed the process. The data for 2015-16 shows that there were
Category: IBC-SEBI
Debt resolution process: Rising litigation mars success of IBC | Business Standard News
Six months after the Reserve Bank of India (RBI) deadline for the second list of non-performing assets (NPAs), 17 of the 28 cases have been
Bhushan Power: Tatas move SC against revised bids – NEWS – The Hindu BusinessLine
Tata Steel has moved the Supreme Court against the National Company Law Appellate Tribunal decision to consider revised bids for stressed asset Bhushan Power and
SC to hear Tata Steel plea against rebids for Bhushan Power on August 10 | Business Standard News
The Supreme Court will hear a Tata Steel petition challenging the revised bids for Bhushan Power & Steel only on August 10 even as the new offers are expected to be
Insolvency and Bankruptcy Code: Govt ready to make further changes to IBC if needed – The Financial Express-R
The Code, which comes under the corporate affairs ministry, has already been amended twice. The government is ready to make further changes to the Insolvency
SC allows RCom to sell telecom assets worth Rs 181 billion to Reliance Jio | Business Standard News
The Supreme Court on Friday allowed Anil Ambani-owned Reliance Communications (RCom) to sell its telecom assets worth about Rs 181 billion to Reliance Jio, controlled
A game changer, IBC will have positive impact on economy: Injeti Srinivas – The Hindu BusinessLine
The Centre on Friday sought to silence critics of the Insolvency and Bankruptcy Code (IBC), who contended that the entire process was leading to “huge
Rising bad debts: PSBs add 1,186 more to wilful defaulters’ list in 27 months – The Hindu BusinessLine
Public sector banks have declared more than 1,100 debtors as ‘wilful defaulters’ during March 2016 to June 2018. In value terms, this is a 67
LLPs are here to stay – Here is why – The Financial Express
Conceptually, the Limited Liability Partnership (LLP) law was introduced in India in 2008 to create a platform where business can be carried out as a
Can IBC turn around the investment cycle? – The Financial Express
India has improved its ranking in both the World Bank’s Ease of Doing Business and the World Economic Forum’s Competitiveness Index by more than 30
Bhushan Power and Steel: NCLAT asks creditors’ panel to allow fresh offers by all bidders – NEWS – The Hindu BusinessLine
n a major setback to Tata Steel, the National Company Law Appellate Tribunal (NCLAT) has ordered the Committee of Creditors (CoC) of Bhushan Power and
Bhushan Power & Steel: NCLAT allows rebids by all – The Financial Express
Bhushan Power & Steel: NCLAT allows rebids by all The National Company Law Appellate Tribunal (NCLAT) on Wednesday allowed the three bidders — Tata Steel, JSW Steel
Banks expect Rs 50,000 crore haircut under AMC/AIF model – The Economic Times
Banks expect a haircut of about Rs 50,000 crore under the proposed asset management company (AMC)/Alternate Investment Fund (AIF) model for resolution of stressed loans.
IBC ordinance was not to favour any corporate house: Goyal – The Economic Times
The minister also said that certain exceptions in the code have been made to help speedier resolution of stressed assets in the MSME sector. The
Send IBC bill to standing committee: Opposition in Lok Sabha – The Economic Times
The bill seeks to create monopoly as 2 or 3 steel companies would gobble up the industry and then there would be cartelisation, Ray said.
Only JSW Steel submits revised bid to Bhushan Power lenders – The Economic Times
Lenders of Bhushan Power & Steel have received only one revised bid –– from JSW SteelNSE 0.78 % –– for the bankrupt company as the other two
I-T dept can’t attach property being liquidated under IBC – Today’s Paper – The Hindu BusinessLine
Government agencies don’t have rights on the encumbered property of a company facing liquidation under the Insolvency and Bankruptcy Code, the Hyderabad High Court has
Lok Sabha passes Insolvency Bill – NEWS – The Hindu BusinessLine
The Lok Sabha on Tuesday gave its nod for the Insolvency and Bankruptcy Code (Second Amendment) Bill 2018 that seeks to replace the June 6
Spare the taxpayer | Business Standard Editorials
The government’s failed attempt to privatise the airline it owns, Air India (AI), is already bearing bitter fruit. The airline is behind on its payments to several
Speeding up the process: NCLT may move cases to other benches – The Financial Express
Speeding up the process: NCLT may move cases to other benches The Insolvency and Bankruptcy Board of India (IBBI) is considering allowing cases admitted by
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