In a widely reported order, the Supreme Court allowed a debtor to settle a claim with a creditor after the collective resolution process was triggered
Category: IBC-SEBI
Bankruptcy code can help capital-starved ARCs generate better returns | Business Line–08.08.2017
Recoveries by ARCs have remained at a low 20% Effective implementation of the Insolvency and Bankruptcy Code (IBC) can provide a leg-up to asset reconstruction
IBC an ideal tool for solving bad-loan issue | Business Standard–06.08.2017
While the government has been pursuing measures to tackle rising levels of non-performing debt in public sector banks, a growing pile of bad debt had
Banks may need 20% incremental provisioning for 50 large NPAs – The Financial Express–04.08.2017
“Banks may require an incremental provisioning of 20 per cent against cumulative debt of 50 large stressed assets worth over Rs 4.3 lakh crore,” says
How India differs from the top nations | Business Standard–04.08.2017
From the perspective of constitutional and legal rights, we can divide nations into three sorts. First, those that promise citizens rights very clearly and deliver
Debtors can’t be allowed to paralyse banking system, says Arun Jaitley | Business Standard–Economic Times–04.08.2017
Finance Minister Arun Jaitley on Thursday said public sector banks needed the Banking Regulations Ordinance in order to be able to take decisions without fear
Bankruptcy: How the bankruptcy code can be abused by unscrupulous elements–Economic Times–03.08.2017
A World Bank study shows that insolvency cases on an average took 4.3 years to get resolved in India. And lenders’ recovery rate was 26
Bankruptcy: How the bankruptcy code can be abused by unscrupulous elements–Economic Times–03.08.2017
A World Bank study shows that insolvency cases on an average took 4.3 years to get resolved in India. And lenders’ recovery rate was 26
Success of resolution plan critical for investors under Insolvency and Bankruptcy Code | Business Line–02.08.2017
With recovery rate of just 10-20 paise to a rupee, investors may not get anything if resolution fails and the company goes into liquidation August
Not just banks, your unpaid supplier of goods or services can now initiate bankruptcy proceedings–Economic Times–30.07.2017
RBI will not ease any norms for commercial banks for the reason that IBC has not been made mandatory to be followed by Commercial Banks.
IBC an opportunity for asset reconstruction companies: Arun Jaitley – The Financial Express–30.07.2017
The internal advisory committee (IAC) of the RBI, after its meeting on June 13, had recommended 12 accounts totalling about 25 per cent of the
200 firms under IBC in 7 months, says IBBI chief M S Sahoo | Business Standard–30.07.2017
In the seven months since the Insolvency and Bankruptcy Code (IBC) became operational, the resolution process for 200 companies has started, said Insolvency and Bankruptcy
IBBI chief: Bankruptcy Code will address honest failures | Business Line–29.07.2017
The Insolvency and Bankruptcy Code (IBC) 2016 provides the ultimate economic freedom to exit, and also a mechanism to address honest, relative failures, said MS
Personal bankruptcy: Pure pie in the sky–Economic Times–28.07.2017
The government is reportedly working on the rules for personal bankruptcy. This is ambition, indeed. Of course, there is nothing wrong with the concept. The
Bad loan crisis: Before banking on bankruptcy code, lenders should follow a carrot and stick policy – The Financial Express–28.07.2017
The Insolvency & Bankruptcy Code (IBC) has laid down the way forward for lenders to expedite recovery and resolution of stressed assets while maintaining priority
SC allows settlement between parties even after case is admitted under IBC | Business Standard–28.07.2017
The recent Supreme Court order allowing a settlement between parties even after initiation of insolvency proceedings has given new food for thought to bankers, debtors
’Rs 8 lakh cr NPAs may face bankruptcy proceedings’ | Business Line–27.07.2017
Emboldened by the Banking Regulation (Amendment) Ordinance, the RBI is expected to push for resolution bad loans worth around Rs. 8 lakh crore by March
Essar case: RBI wins but bruises remain | Business Standard Column–26.07.2017
The Gujarat High Court’s decision to dismiss Essar Steel’s petition challenging the initiation of bankruptcy proceedings against the company came as a huge relief to
All petitions should be clubbed under insolvency code, Era Infra tells NCLT | Business Standard News–26.07.2017
Era Infra Engineering on Tuesday argued that all winding up petitions against the company being heard in courts under the Companies Act be clubbed under
loans: Defaulted on your loan? Your bank will soon be legally bound not to hound you for one-time repayment–Economic Times–25.07.2017
The government has begun work on laying down a process for individuals to be declared bankrupt, which will help them deal with a financial crisis
aniltikotekar4sme.com 