The government defied its poor track record on implementation of laws by deploying unprecedented will for effective roll-out of IBC. The Insolvency and Bankruptcy Code
Category: IBC-SEBI
What led Sebi to hold back order on loan default information filing to stock exchanges? – The Economic Times–03.10.2017
What drove the Securities and Exchange Board of India (Sebi) to hold back its directive requiring companies to inform stock exchanges about defaults on loan
Insolvency and Bankruptcy Court turns 1; check out its impressive achievements – The Financial Express–03.10.2017
Such fast evolution of a new regulatory apparatus is rare in India, certainly in an area that is considered abstruse globally. Around 400 cases of
Insolvency reforms: Crucial year ahead for regulator | Business Standard News–03.10.2017
It has been a hectic first year for the insolvency regulator, which hit the ground running. A year ago, when M S Sahoo went to
Regime for individuals will be in place quickly: IBBI chairman M S Sahoo | Business Standard News–02.10.2017
M S Sahoo, chairman, Insolvency and Bankruptcy Board of India (IBBI), is a trained lawyer and a veteran of regulatory policy, in his fifth regulatory
A day in the life of NCLT: Cases under code on fast track | Business Standard News–03.10.2017
It’s 10 past 10 on a Tuesday. Lawyers and their assistants with large bags containing case documents begin strolling into court room no 1. The
Insolvency and Bankruptcy code a game-changer; but here is what needs to be taken care of – The Financial Express–03.10.2017
Abir Roy The Insolvency and Bankruptcy Code (IBC) has been dubbed a game-changer in corporate circles, and the intent of the legislation—to see whether corporate
With banking sector bad loans at Rs 8 lakh cr, here is a loophole that can make it worse – The Financial Express–01.10.2017
Though the National Company Law Tribunal (NCLT) has dismissed Edelweiss Asset Reconstruction Company’s petition against the insolvency resolution done in the case of Synergies Dooray,
Operational creditors & dispute threshold – The Financial Express–28.09.2017
Abir Roy The scheme for admission of an insolvency petition is different for financial creditors and operational creditors. While financial creditors can directly approach the
Insolvency proceedings: Amend laws to recognise the concept of buyer’s lien | Business Standard Column–25.09.2017
Neither the Real Estate (Regulation and Development) Act (RERA) nor the Insolvency and Bankruptcy Code (IBC) sufficiently addresses the concerns of homebuyers Insolvency proceedings initiated
Bank NPAs crisis: Will IBC be a success? First resolution plan throws up points to ponder – The Financial Express–23.09.2017
The underlying objective of the IBC (Insolvency and Bankruptcy Code) is to revive and restore a company or liquidate it. The first insolvency plan approved
Jaypee insolvency: Quite a legal mess–22.09.2017
The Supreme Court’s intervention in the bankruptcy proceedings against Jaypee Infratech (JIL) is a legal mess. To begin with, the case brings out a deficiency
Why the Bankruptcy Code is turning into a double-edged sword for banks | Business Standard News++21.09.2017
Are banks getting boxed in after the introduction of the Bankruptcy Code? Some signals seem to be pointing that way. Not only are they looking
RBI: Banks can classify priority loans as standard debt: RBI – The Economic Times–20.09.2017
The Reserve Bank of India has assured banks that they can classify priority loans extended to defaulting companies in the bankruptcy process as standard debt
State Bank of India: How a quashing petition twists loan default case–Economic Times–20.09.2017
The State Bank of IndiaBSE -0.87 %, the leading lender to Shree Ganesh Jewellers, now has to contend with a fresh twist in its criminal
Realty firm: Unitech serious developer, not fly-by-night operator: Chairman – The Economic Times–20.09.2017
Crisis-hit realty firm UnitechBSE -2.09 % today said it is a serious developer and not a fly-by-night operator, while promising that buyers will be compensated
Insolvency Code needs a few tweaks | Business Standard Column–20.09.2017
The Supreme Court’s decision to stay the order passed by the Allahabad Bench of the National Company Law Tribunal (NCLT), which initiated insolvency proceedings against
Bankruptcy Code: Supreme Court allows buyers to intervene in Jaypee case – The Economic Times–19.09.2017
The Supreme Court on Monday asked around 400 homebuyers of embattled Jaypee group to intervene in the main matter in which several buyers have moved
Stayzilla: NCLT orders StayZilla into insolvent liquidation in case file by vendor Jigsaw – The Economic Times–19.09.2017
The National Company Law Tribunal had ordered initiation of insolvency proceedings against hotel and homestay aggregator StayZilla, the consumer internet start-up that sparked national debates
Will use artificial intelligence to nab shell companies: P P Chaudhary | Business Standard News–19.09.2017
P P Chaudhary, the newly-appointed minister of state for corporate affairs, is monitoring and coordinating actions against shell companies. He tells Veena Mani & Indivjal