Category: IBC-SEBI

Clipped from: https://www.thehindubusinessline.com/business-laws/nclt-not-a-debt-collection-forum-says-sc/article65704580.ece Supreme Court says Insolvency and Bankruptcy Code not meant to judge commercial disputes The Supreme Court has categorically said that in a dispute

Clipped from: https://www.thehindubusinessline.com/opinion/is-signing-of-accounts-by-chairman-important/article65678523.ece While the law does not mandate it, the chairman’s sign will provide greater comfort and assurance to stakeholders Way back in 1989, the

Clipped from: https://indianexpress.com/article/opinion/columns/recent-supreme-court-judgement-on-ibc-may-weaken-insolvency-regime-8044331/ The likely outcome of the latest ruling would be more litigation and delay at the admission stage, enhancing the risks of value destruction

Clipped from: https://www.business-standard.com/article/companies/defaulting-firm-s-debt-includes-both-principal-and-interest-nclat-122071900953_1.html Case related to a company that challenged insolvency proceeding against it for delaying payments to borrower The tribunal said the interest on delayed

Clipped from: https://www.business-standard.com/article/economy-policy/power-to-admit-insolvency-application-not-binding-even-when-debt-owed-sc-122071301504_1.html The bench said NCLT failed to appreciate the question of time-bound initiation and completion of corporate insolvency resolution process could only arise if

Clipped from: https://economictimes.indiatimes.com/industry/auto/auto-components/nclt-directs-tax-department-to-return-tds-to-bankrupt-precision-fasteners/articleshow/92828089.cms Synopsis The liquidator of the company had approached the Mumbai bench of the National Company Law Tribunal (NCLT) to recover about Rs 1

Clipped from: https://www.thehindubusinessline.com/economy/ibbi-mandates-insolvency-professionals-to-raise-bills-only-in-their-names/article65628084.ece Also mandates RPs to disclose relationship with corporate debtor, financial creditors and resolution applicants Insolvency regulator IBBI has mandated that insolvency professionals should

Clipped from: https://www.business-standard.com/article/markets/sebi-mulls-making-market-risk-factor-disclosures-to-help-investors-122071000334_1.html The move, which is still in a preliminary stage of discussion, can help investors avoid a herd mentality that has been particularly witnessed

lipped from: https://www.thehindubusinessline.com/opinion/editorial/allowing-part-sale-of-assets-of-a-company-to-settle-dues-is-a-sound-idea-but-safeguards-are-needed/article65608424.ece Allowing part-sale of assets of a company to settle dues is a sound idea, but safeguards are needed Nearly six years after its

Clipped from: https://economictimes.indiatimes.com/prime/corporate-governance/tale-of-misconduct-indifference-why-aggrieved-homebuyers-went-against-one-resolution-professional/primearticleshow/92685605.cms SynopsisAfter due investigation, Insolvency and Bankruptcy Board of India (IBBI) suspended resolution professional Yogesh Kumar Gupta for three years. Already waiting to get

Clipped from: https://www.thehindubusinessline.com/markets/sebi-asks-bourses-depositories-to-launch-online-complaint-redressal-system/article65599537.ece The redressal mechanism will be implemented within six months To enable investors to lodge their complaints and track the status of redressal of

Clipped from: https://economictimes.indiatimes.com/industry/banking/finance/sebi-seeks-information-on-companies-with-high-ratings-via-support-structures/articleshow/92641522.cms Synopsis Sebi has asked credit rating agencies to share information on all corporates whose ratings are propped up with promoter or parent guarantees

Clipped from: https://www.thehindubusinessline.com/business-laws/resolution-delayed-is/article65595361.ece How ailing corporate entities can benefit more from the proposed changes in timeline for insolvency resolution The Insolvency and Bankruptcy Board of India