The government plans to have more benches of the National Company Law Tribunal on the basis of case load, a senior official said today amid
Category: IBC-SEBI
One step back: IBC must not encourage out-of-court settlements | Business Standard Editorials–06.04.2018
The central issue is: How can efficient and equitable price discovery be enabled for a stressed asset? A high-level panel set up to review the
Welcome tweak to IBC, but making homeowners financial creditors not a solution – The Financial Express–05.04.2018
Going by the decision of the appellate tribunal to allow the Committee of Creditors (CoC) for Binani Cement to consider an offer by Ultratech, even
Legal challenges could undermine IBC | Business Standard Column–05.04.2018
The legal system should trust the process of the IBC. Permitting exceptions on a case by case basis is a dangerous path to go down The Indian Bankruptcy Code (IBC)
Insolvency law: IBBI chief puts India Inc’s directors on notice – Business Line–05.04.2018-R
Directors of companies facing the insolvency process cannot go unscathed while the companies they ran are hauled over the coals. For the first time ever,
Insolvency and Bankruptcy Code: IBC panel suggests treating home buyers as financial creditors – The Economic Times–04.04.2018
Wilful defaulters and those whose accounts have been classified as non-performing assets, among others, are barred from bidding for stressed assets. Home buyers should be
Insolvency | Bankruptcy Law: IBC panel recommends changes to revamp insolvency resolution process–Economic Times–04.04.2018-R
Watch IBC revamp details as panel recommends changes in resolution process The MS Sahoo-led Insolvency and Bankruptcy panel has recommended changes to the insolvency resolution framework in its report
For a deeper market for stressed assets–Economic Times–04.04.2018
Tweaks to eligibility and bidding norms under the Insolvency and Bankruptcy Code must be subservient to the core public policy goal of the process: maximising
Think of unsecured creditors, too – The Financial Express–03.04.2018
A process that condones failure to consider a higher financial offer or supports causation of loss of hundreds of crores to unsecured and other creditors
Insolvency and Bankruptcy Code: IBC panel bats for flexibility and accountability for stakeholders – The Economic Times–31.03.2018
The 14-member insolvency law committee set up by the government to review the insolvency and bankruptcy code has made several significant recommendations to address concerns arising out
Registration norms for insolvency professionals get a makeover – Business Line–31.03.2018
The Insolvency and Bankruptcy Board of India (IBBI) has sought to streamline the process and criteria for registration of an insolvency professional (IP), seeking to
IBC–Financial creditors need to come clean on ‘related party’ – Business Line–31.03.2018
Insolvency regulations just got tightened to ensure that only genuine claims of financial creditors’ and not sham transactions get compensated under the Insolvency and Bankruptcy
IBC–Insolvency: How NCLTs are sending a strong message to truant promoters – The Economic Times–30.03.2018
Size and corporate governance do matter: That seems to be the unambiguous message India’s bankruptcy courts are giving the country’s beleaguered lenders about a year since they
IBC–Liquidators allowed to sell companies as ‘going concern’ – Business Line–30.03.2018
Liquidators of companies where an insolvency resolution process has not been successful now have the option to sell them as a going concern, rather than
IBC–A code for the broke – Business Line–30.03.2018—–*****
The bankruptcy code can make a difference One of the main issues with the erstwhile Board for Industrial and Financial reconstruction (BIFR) was that the
Ex Pilot Moves NCLT To Initiate Insolvency Proceedings Against AI – BW Businessworld–30.03.2018
A former Air India pilot has dragged the national carrier to the National Company Law Tribunal (NCLT) seeking initiation of insolvency proceedings against it, saying
Insolvency Bankruptcy Code: IBC panel seeks to draw more bidders, cut losses – The Economic Times–29.03.2018
The committee reviewing the Insolvency and Bankruptcy Code (IBC) has proposed that a case admitted for resolution can be withdrawn if 90% of creditors agree, implying that
Fine-tune IBC process: So many complaints suggest all is not well with it – The Financial Express–29.03.2018
Amidst all the problems cropping up with regard to the resolutions of stressed companies under the Insolvency and Bankruptcy Code (IBC), the good news is
Insolvency and Bankruptcy Code: View: Resolution plans under IBC should adhere to principles of natural justice – The Economic Times–28.03.2018
Any transfer of such assets requires approval of 75% shareholders in a general body meeting. By M Umarji A new section 29A has been inserted
Insolvency and Bankruptcy: IBC panel eases insolvency rules for MSME owners, vastly improve prospect of being acquired, revived – The Economic Times–28.03.2018
The Insolvency and Bankruptcy Code review panel called for sweeping changes in the law aimed at easing insolvency rules for small enterprises and providing relief to home buyers by
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