How can home buyers who have made payment in full or in part be given their homes? The assets now belong to the banks. If
Category: IBC-SEBI
Insolvency regulator empowers homebuyers, puts them on a par with creditors | Business Standard News–18.08.2017
The insolvency regulator has brought in a special provision to protect the homebuyers of beleaguered real estate companies such as Jaypee Infratech and Amrapali. The
Bankruptcy: Government considering selling off reality developer’s assets to finish stalled projects–Economic Times–15.08.2017
The government is exploring ways of resolving a long-brewing real estate crisis that’s left home buyers in the lurch as developers have struggled to complete
Lanco Infratech: NCLT says no to Deloitte’s Vijaykumar V Iyer as IRP in Rs 44,000 crore Lanco Infratech case–Economic Times–10.08.2017
The National Company Law Tribunal (NCLT) has turned down the appointment of Vijaykumar V Iyer of consultants Deloitte as an interim resolution professional (IRP) to
Bankruptcy Court: Commercial realty buyer can drag company to bankruptcy court–Economic Times–09.08.2017
You can now initiate bankruptcy proceedings against the developer in certain cases if you don’t get your commercial property or service apartment on time. A
JSW Steel-Bhushan Steel deal? Revival of like-by-like a decent prospect–Economic Times–09.08.2017
JSW Steel, which has big brownfield expansion plans, is reportedly making a bid for Bhushan Steel, in tie-up with Piramal Enterprises’ stressed assets fund with
Success of Insolvency and Bankruptcy Code can make the country an attractive choice of jurisdiction for resolving insolvency – The Financial Express–09.08.2017
The approach of higher judiciary and NCLT will have a far-reaching bearing on the outcome of IBC. The enactment of the Insolvency and Bankruptcy Code
An unsettling precedent under IBC | Business Standard–09.08.2017bn
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
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