Category: IBC-SEBI

Clipped from: https://www.business-standard.com/companies/news/bhushan-steel-rp-mahender-khandelwal-files-sc-review-petition-jsw-order-125062800447_1.html Mahender Khandelwal, the RP for Bhushan Power and Steel Ltd, has claimed that the top court has overlooked certain critical documents and procedural

Clipped from: https://www.business-standard.com/finance/news/breaking-up-bad-assets-can-ibbi-s-part-resolution-rewire-insolvency-rules-125061700824_1.html In a May notification, the IBBI allowed resolution professionals to invite resolution plans for not just the company as a whole but also

Clipped from: https://www.business-standard.com/finance/news/ibc-resolution-delays-hit-five-year-high-fy25-ind-ra-125061700784_1.html Ind-Ra notes rising resolution timelines and lowest recovery levels since FY21 under the IBC framework, cautioning this could affect bond market deepening and

Clipped from: https://www.thehindubusinessline.com/opinion/holding-creditor-power-in-ibc-to-account/article69705970.ece Requiring CoC to record reasons would instil discipline without undermining its direction Creditors giving reasons for their decisions will lend more transparency to

Clipped from: https://www.business-standard.com/finance/news/ibc-resolution-delays-hit-five-year-high-fy25-ind-ra-125061700784_1.html Ind-Ra notes rising resolution timelines and lowest recovery levels since FY21 under the IBC framework, cautioning this could affect bond market deepening and

Clipped from: https://www.business-standard.com/opinion/columns/ibc-in-stress-survival-depends-on-commitment-to-its-core-principles-125061500687_1.html Public laws aim to keep the crime proceeds beyond the reach of criminals while punishing the criminals. Although these proceeds were never the

Clipped from: https://www.financialexpress.com/business/industry-ibc-outlook-fy25-better-recoveries-fewer-liquidations-but-slower-resolutions-icra-seeks-reforms-3859798/?ref=hometop_hp Per ICRA, the number of resolution plans (RP) approved by the NCLT under the IBC showed a marginal dip to 259 cases from

Clipped from: https://www.thehindubusinessline.com/economy/claims-against-personal-guarantors-in-ibc-cases-jump-80-pc-in-fy25/article69621344.ece Creditors recover just ₹129 crore or 2% of admitted claims The number of cases filed against the personal guarantors last fiscal increased 24

Clipped from: https://www.business-standard.com/companies/news/supreme-court-halts-bhushan-steel-liquidation-orders-status-quo-125052601154_1.html The Supreme Court pauses NCLT proceedings to liquidate BPSL, observing that doing so may prejudice JSW’s yet-to-be-filed review of its quashed resolution plan

Clipped from: https://www.thehindubusinessline.com/opinion/bhushan-steel-ruling-misses-big-picture/article69611410.ece In sticking to the letter of law and ordering liquidation, the SC has overlooked the consequences of its judgment The Supreme Court could

Clipped from: https://www.business-standard.com/industry/news/nclt-chairperson-says-tribunal-should-stick-to-statute-in-bpsl-case-125051501630_1.html NCLT Chairperson R Sudhakar says tribunal must operate within IBC and Companies Act as BPSL liquidation returns to Delhi bench after Supreme Court’s

lipped from: https://www.business-standard.com/economy/news/creditors-recover-rs-67000-crore-ibc-resolutions-fy25-insolvency-bankruptcy-125051500817_1.html Creditors recovered ₹67000 crore through IBC in FY25 a 42% jump from FY24 aided by record corporate resolutions and higher NCLT capacity after

Clipped from: https://www.thehindubusinessline.com/opinion/editorial/sebi-should-hasten-slowly-in-reforming-legacy-regulations/article69567505.ece The changes SEBI plans to undertake are aimed at ensuring that its market development role does not take a backseat to its policing