Category: IBC-SEBI

Clipped from: https://www.business-standard.com/article/finance/poor-asset-valuation-economic-climate-nclt-delays-see-ibc-losing-favour-121080301989_1.html Less than 200 cases have been admitted to the National Company Law Tribunal till June after the suspension was lifted on March 24,

Clipped from: https://www.thehindubusinessline.com/economy/ibc-deviated-from-its-original-objectives/article35705720.ece Need to revisit its design and implementation, it said The Standing Committee on Finance headed by Jayant Sinha said the Insolvency and Bankruptcy

Clipped from: https://www.financialexpress.com/industry/ibbi-hints-at-pre-pack-scheme-for-large-firms/2302882/ Already, IPs have, in many cases, unearthed avoidance transactions and filed applications with the National Company Law Tribunal (NCLT) for appropriate directions, he

Clipped from: https://www.financialexpress.com/economy/ibc-strayed-from-original-goals-panel/2303646/ As many as 13,170 insolvency cases involving claims of Rs 9 lakh crore are awaiting resolution before the National Company Law Tribunal (NCLT),

Clipped from: https://www.financialexpress.com/economy/ibc-sharply-reduced-haircuts-for-lenders-says-ibbi-chief-sahoo/2303648/ “It is axiomatic that a company coming to the IBC does not have adequate assets to repay all its creditors. On an average,

Clipped from: https://economictimes.indiatimes.com/industry/banking/finance/banking/changes-to-insolvency-law-approved-by-rajya-sabha/articleshow/85015887.cmsSynopsis Rajya Sabha gave its nod to the bill, cleared by Lok Sabha on July 28, which will replace the ordinance promulgated in April

Clipped from: https://www.thehindubusinessline.com/money-and-banking/ips-to-face-penalty-for-non-compliances/article35668670.ece As many as 14 contraventions have now been listed out by the IBBI   –  Getty Images/iStockphoto As many as 14 contraventions have now

Clipped from: https://www.business-standard.com/article/economy-policy/crackdown-on-erring-insolvency-professionals-ibbi-sets-hefty-penalties-121080100106_1.html The Centre has proposed a crackdown on insolvency professionals that develop nexus with companies facing bankruptcy proceedings thereby delaying the resolution process Representative

Clipped from: https://economictimes.indiatimes.com/industry/services/hotels-/-restaurants/nclat-stays-order-of-nclt-against-appu-hotels/articleshow/84929028.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis Originally, on an application from Tourism Finance Corporation of India, the corporate creditor, under Sec.7 of the Insolvency and Bankruptcy Code, the tribunal

Clipped from: https://www.financialexpress.com/industry/nclat-reserves-judgment-on-devas-multimedia-employees-appeals/2299812/ On a petition filed by Antrix Corporation, an entity dealing in commercial business of spectrum under the control of the department of space