The erstwhile regulatory system for liquidation or resolution or reconstruction of sick companies operated under fragmented laws. The Insolvency and Bankruptcy Code can be regarded as a
Category: Legal
From third-party rights to arbitration, here are the key court orders | Business Standard News–30.04.2018
Interim relief for tea garden workers The Supreme Court has asked four state governments to pay interim relief to tea estate workers, some of whom denied wages
Uncertainty over how RERA provisions will play out for realty firms in NCLT | Business Standard Column–30.04.2018
The Insolvency Law Committee in its review of the operations of the Insolvency and Bankruptcy Code (IBC) has sought to give a voice to stressed-out homeowners where
‘Early initiation prevents ballooning of insolvency’ – Business Line–30.04.2018-R
IBC ensures minimum liquidation value for operational creditors: Insolvency and Bankruptcy Board head In a bid to prevent chronic defaulters and fraudulent promoters from regaining
Rera: Biggest challenge is to keep builders compliant, says Maha Rera chief – Times of India–30.04.2018
As the Real Estate (Regulation and Development) Authority Act completes one year of implementation, the biggest challenge is to keep the builders compliant of the
CAs, bankers in a rush to pass insolvency exam – Rediff.com Business [published on 04.07.2017 ]–27.04.2018
Test on lines of IIT-JEE With the Reserve Bank of India (RBI) asking banks to take defaulters through the insolvency process, the role of insolvency
Systems, practices need to develop before allowing pre-packs: IBBI chief – Business Line–27.04.2018-R
Business enterprises may have to wait for some time to use the concept of “pre-packs” as part of the insolvency regime, Insolvency and Bankruptcy Board
‘Give NCLT the power to replace RP’ – Business Line–27.04.2018
The panel of experts constituted by the government to review the Insolvency and Bankruptcy Code (IBC) has recommended that the National Company Law Tribunal (NCLT)
The IBC requires some cleaning up | Business Standard Column–27.04.2018
Questions persist on the legal standard that insolvency professionals – particularly those who replace the authority of the boards of directors of insolvent companies –
Take bad asset bidding online – Business Line–27.04.2018
This option will not only reduce litigation but also bring in transparency Over a year after its enactment, the Insolvency and Bankruptcy Code has kicked
Insolvency crisis: 2500 bankruptcy cases, but where are the judges? | Business Standard News–26.04.2018
India’s revamped bankruptcy process is in full swing and investors from Blackstone Group LP to Oaktree Capital Group LLC are salivating over an estimated $210
Time ripe to consider ‘pre-packs’ under insolvency: NCLT President – Business Line–26.04.2018
India would do well to consider ushering in the concept of ‘pre-packs’ in its insolvency regime, the National Company Law Tribunal (NCLT) President MM Kumar
NCLT allows ICICI Bank’s plea for insolvency resolution process against Unimark Remedies – Business Line–26.04.2018
The Mumbai Bench of the National Company Law Tribunal has admitted ICICI Bank’s plea to initiate corporate insolvency resolution process against Unimark Remedies Ltd to
NCLT reserves order in Binani Cement’s insolvency resolution process – Business Line–26.04.2018
The Kolkata bench of National Company Law Tribunal (NCLT) on Tuesday reserved its order in the ongoing corporate insolvency resolution process of Binani Cement. The
Videocon approaches NCLT to list all insolvency cases together – Business Line–26.04.2018
Debt-ridden Videocon Group today approached the principal bench of NCLT requesting it to direct all insolvency case, filed by its lenders against seven group companies
Essar Steel: Lenders’ call on new round of bidding this week – Business Line–26.04.2018
Essar Steel’s Committee of Creditors (CoC) is veering towards inviting fresh bids for the stressed asset, paving the way for JSW Steel, Vedanta, Tata Steel,
IBC relief: New bankruptcy code tweak could put MSMEs ahead in claims queue – The Economic Times–25.04.2018
The ordinance is likely to allow people to file resolution applications on behalf of the financial creditors as their guardians or the administrators or executors
Bankruptcy cases: Resolution professionals under attack from bidders, NCLT | Business Standard News–25.04.2018
Resolution professionals (RPs) are coming under sharp attack not only from bidders but also the National Company Law Tribunal (NCLT) for not following the process
Writing a Will: Avoid these 8 mistakes while writing a will to ensure your assets are passed onto your heirs–24.04.2018
Where there’s a will, there’s usually someone ready to contest it. Where there’s none, someone is ready to fight over the inheritance anyway. This may
RERA: ET View: Amend IBC to bring it in sync with RERA – The Economic Times–24.04.2018
The government must amend the IBC to recognise the legitimate claim of home buyers. A paper by industry lobby Assocham surmises that the Insolvency and Bankruptcy Code and the
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