Billionaire T Ananda Krishnan’s Aircel Ltd. is poised to file for bankruptcy protection from creditors, people with knowledge of the matter said, which would make
Category: IBC-SEBI
IBC 2016: Clearing the Air- Business Today–28.02.2018—–*****
Enacted in 2016, the Insolvency and Bankruptcy Code, 2016 (IBC) has witnessed a lot of action in the last six months. However, there were many
Sweet melody of distressed assets–Economic Times–28.02.2018
The first resolution of a large non-performing asset has taken place under the Insolvency and Bankruptcy Code, with Monnet Ispat, which has an integrated steel
IBC: Amendment debarring defaulting promoters may be challenged in court | Business Standard Column–28.02.2018
The insolvency and bankruptcy process is entering the decisive phase where some big-ticket stressed assets are up for grabs. However, the recent amendment to the
Bankruptcy: IBBI asks IPs to disclose their relationship with parties | Business Standard Column–24.02.2018
After closely monitoring the functioning of insolvency professionals (IPs) over the last one year, the Insolvency and Bankruptcy Board of India (IBBI) has started streamlining
Expect more NPAs to come under IBC resolution – The Financial Express–16.02.2018—–*****
The Reserve Bank of India has come out with revised guidelines, setting out a framework for timely resolution of stressed assets through the use of
Why banks will likely fail to recover Rs 3 trillion from loan defaulters | Business -Standard News–16.02.2018—–*****
The Reserve Bank of India’s (RBI’s) new framework for stressed loans that would classify any default in one lender bank as a default in all
Insolvency and Bankruptcy Code: RBI withdraws CDR, SDR, S4A, JLF schemes to restructure defaulted loans – The Economic Times–13.02.2018
The Reserve Bank of India has scrapped numerous loan restructuring programmes prevalent among banks to restructure defaulted loans and made resolution of defaults time bound
NPA resolution: One size doesn’t fit all | Business Standard Column–13.02.2018
The sizeable and growing problem of non-performing assets in the banking books is a national concern. Policy makers, banking regulators and the banking system have
IBC has changed the way banks, firms work: Sanyal – Business Line–13.02.2018
Twesh Mishra The implementation of the Insolvency and Bankruptcy Code (IBC) has started cleaning up the loan disbursal process and even the the nature of
RBI notifies revised framework to deal with bad loans – BW Businessworld–13.02.2018
The Reserve Bank of India today came out with a revised framework for expeditious resolution of bad loans, harmonising the existing guidelines with the norms
Don’t look for ready-made solutions: IBBI chief to insolvency professionals – The Economic Times–11.02.2018-R
Sending out a strong message, IBBI Chairperson M S Sahoo today said insolvency resolution professionals should not look for “ready-made solutions” and desist from overcharging
insolvency: Separate route on anvil for individual insolvency cases – The Economic Times–09.02.2018
The code for individual insolvency is likely to be implemented in phases, according to officials. The corporate affairs ministry has asked debt recovery tribunals (DRTs)
Get a better market for stressed assets–Economic Times–09.02.2018
The insolvency resolution process in India continues to be a work in progress, the rules being amended to make the resolution professional obtain a fair
Forty corporate insolvency resolutions completed under IBC: Government | Business Standard News–07.02.2018
As many as 40 corporate insolvency resolutions, under the Insolvency and Bankruptcy Code, have been completed, Union Minister P P Chaudhary said on Tuesday. The
Market economies need responsible, ethical professionals, says MS Sahoo | Business Standard News–31.01.2018-R
The Insolvency and Bankruptcy Code (IBC) has brought in a boom for resolution professionals, and the same is expected for the industry engaged in valuation
Insolvency and Bankruptcy Code: Banks to negotiate only with top bidder in insolvency cases – The Economic Times–31.01.2018
Bankers have decided that they will negotiate only with the highest bidder when resolving cases of corporate insolvency. The decision was taken at a meeting
Budget 2018: Tax uncertainty over insolvency deals likely to go – The Economic Times–30.01.2018-1
The government may consider resolving two of the biggest tax roadblocks looming over a successful conclusion of the insolvency process in the upcoming Budget, two
Economic Survey 2018: Private investment to rise with NPA resolution, PSBs recap: Economic Survey – The Economic Times–30.01.2018–1
Quick resolution of stressed assets at the National Company Law Tribunal holds key to kick starting private investment which has been lacklustre for years, failing
More amendments likely in insolvency law – Business Line–29.01.2018-R
The insolvency law might be amended depending on recommendations of the panel reviewing issues related to the legislation, including those pertaining to home buyers, a
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