Under normal liquidation process, the company operation is shut first and then assets are sold to realise value. Slum sale of assets is expected fetch
Category: IBC-SEBI
‘IBC/ NCLT will succeed only if there is accountability’ | Business Line–12.01.2018
With just three weeks to go for the Union Budget, all eyes are on Finance Minister Arun Jaitley to see if he would bring legislative
Brief case: Clarifications on IBC, fresh auction with clear terms, and more | Business Standard Column–09.01.2018
More clarifications on bankruptcy code In yet another major clarification on the Insolvency and Bankruptcy Code, the Supreme Court has ruled that a lawyer on
The next level of credit analysis | Business Standard Column–Mr. Ajay Shah–08.01.2018—–*****
Credit risk analysis in India in the past has focused on the question: Will this company be able to pay its dues? Now we need
On way to insolvency, firms scout for fronts – The Hindu–08.01.2018
Whistle-blowers alert authorities A number of insolvency-bound companies, reeling under huge unserved loans, are scouting for front entities to buy them out in a distress
MAT: CBDT relaxes norms for MAT on firms facing insolvency – The Economic Times–07.01.2018
Keen to minimise hardship faced by companies going in for insolvency resolution, the government will from financial year 2017-18 allow a company to reduce amount
Why tax policy must support IBC intent – The Financial Express–07.01.2018—–*****
By- KS Mehta The Insolvency and Bankruptcy Code’s (IBC’s) welcome objective is expeditious revival of stagnating industrial investment, whether operating or capital work in progress,
Smaller PSBs beat giants in dash to NCLT, Bank of Baroda tops with 55 cases | Business Standard News–07.01.2018
Smaller banks have been more agile in the initial days of the Insolvency framework by moving more cases to the National Company Law Tribunal (NCLT).
Insolvency professionals: IBBI new norms raises doubts among insolvency professionals – The Economic Times–05.01.2018
The IBBI late on Wednesday came with a circular prohibiting outsourcing which many professionals say is confusing. Insolvency professionals are flummoxed by the latest rule
insolvency: IBBI bars insolvency professionals from outsourcing their responsibilities – The Economic Times–04.01.2018
“IPs shall not require any certificate from another person certifying the eligibility of a resolution applicant,” IBBI said. The Insolvency and Bankruptcy Board of India
Bankruptcy: IBC’s objective not to emphasise on liquidation: NCLT – The Economic Times–04.01.2018
National Company Law Tribunal (NCLT) president M M Kumar today said the objective of the Insolvency and Bankruptcy Code (IBC) is to find appropriate solution
Flexibility on bankruptcy | Business Standard Editorials–04.01.2018
Parliament on Tuesday gave its assent to the amendments that the government had proposed to the Insolvency and Bankruptcy Code, or IBC. These are meant
With IBC, banks will decide their fate | Business Standard News–04.01.2018
The government could be looking at giving tax exemptions to buyers of stressed assets because they may otherwise ask for more haircuts on assets. This,
Promoters now realise they aren’t irreplaceable: Sunil Srivastava, SBI – The Economic Times–03.01.2018
Bankers extended themselves in the past, even in matters beyond their realm, in trying to find solutions to problems faced by the promoters. NCLT is
IBC may end NPAs problem, but won’t help banks get their money back–Business Today–03.01.2018
As the 400 plus cases under the IBC at the NCLT wind their way through the various stages of the resolution process, banks are increasingly
Bankruptcy: Identify source of funds for dissenting creditors: IBC Amendment – The Economic Times–02.01.2018
A dissenting creditor, who may have disagreed with other lenders to draw a resolution plan with a common idea will now be assured of liquidation
bankruptcy board of india: IBBI registration must for asset valuations under bankruptcy code – The Economic Times–02.01.2018
Professionals carrying out asset valuations under Companies Act and Insolvency and Bankruptcy Code will have to get themselves registered with Insolvency Bankruptcy Board of India
IBC process: In 2018, Centre must plug all loopholes to keep dodgy promoters out – The Financial Express–02.01.2018
IBC process: In 2018, Centre must plug all loopholes to keep dodgy promoters out No year in recent times has been as eventful for corporate
‘Participation of wilful defaulters may weaken IBC’ – The Hindu–02.01.2018
The Lok Sabha passed the Insolvency and Bankruptcy Code (Amendment) Bill, 2017 last Friday. However, we are likely to witness a wave of demands seeking
Arun Jaitley: Creditors need to take haircut in resolving bankruptcy: Arun Jaitley – The Economic Times–31.12.2017
Loan defaulters can bid for an insolvent entity or its assets during bankruptcy proceedings after paying interest due and making bad loan accounts operational, FM