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
Category: IBC-SEBI
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
Bankruptcy law to give lenders access to foreign assets of loan defaulters | Hindustan Times—28.01.2018
The Insolvency and Bankruptcy Code (IBC) is set to be strengthened further with the addition of provisions covering cross-border insolvency, two officials familiar with the
Stayzilla case: SC orders status quo in Yogendra Vasupal’s appeal against insolvency – The Economic Times–27.01.2018
The Supreme Court has given an interim order of status quo in an appeal against the insolvency proceedings of hotel and homestay aggregator Stayzilla, freezing
IBC: SBI to invoke guarantees despite IBC proceedings – The Economic Times–27.01.2018
State Bank of India, India’s largest lender, has decided to invoke personal and corporate guarantees of defaulting firms even when they face bankruptcy proceedings but
Deccan Chronicle: NCLT appoints new IP in Deccan Chronicle with a tweak – The Economic Times–27.01.2018
The National Company Law Tribunal has set a precedent by choosing a resolution professional not originally on the panel submitted by lenders, marking the change
A year later, the Insolvency and Bankruptcy Code is still evolving – Livemint–27.01.2018—–*****
It has been a year since the Insolvency and Bankruptcy Code (IBC) came into effect. Introducing a modern bankruptcy framework is one of the most
The Insolvency and Bankruptcy Code: The journey so far – Livemint–27.01.2018
The Insolvency and Bankruptcy Code has now been in force for more than a year and given its ambitious objectives and impact, it continues to
bad loans: How Insolvency and Bankruptcy Code lays down a robust framework to deal with distressed assets – The Economic Times–21.01.2018—–*****
By Ravi Seth The Insolvency and Bankruptcy Code (IBC) — billed as the biggest economic reform in India after the Goods and Services Tax (GST)
Insolvency and Bankruptcy Code: RBI calls for a need to have online trading platform of bad loans – The Economic Times–21.01.2018—–*****
Reserve Bank of India (RBI) deputy governor, Viral Acharya called for a need to set up online platforn for trading and bidding platform of bad
RBI’s Acharya moots US-style trading platform for distressed assets | Business Standard News–21.01.2018
Reserve Bank of India (RBI) Deputy Governor Viral Acharya today suggested setting up of a online trading platform for selling distressed assets to ensure transparency
Insolvency and Bankruptcy Code: Don’t make it taxing-Here is why – The Financial Express–19.01.2018—–*****
To be sure, efforts are being made to ensure these assets are protected and transferred to the right hands; the government recently amended the IBC
Bankruptcy: Now, employees step in to save bankrupt companies – The Economic Times–18.01.2018
Employee buyouts or participatory managements are not commonplace in India, but the model could be explored for some companies hauled before insolvency courts, where affected
Modi Government: Defaulters use minor kin to evade scrutiny and recovery by lenders – The Economic Times–13.01.2018—–*****
Forensic investigators said they have found several promoters who used borrowings from banks to invest in real estate, land and commercial establishments in the names
Asset reconstruction companies to step up bad loan purchases in Q4 | Business Standard News–13.01.2018
Asset reconstruction companies (ARCs) are expected to step up purchases of bad loans in the fourth quarter (Q4FY18) as the recovery environment improves and commercial