Category: To be deleted

The Board of Directors of the Company at their meeting held on 14.02.20199 has taken a note on the current state of affairs of the

In a clear indication that lenders are set to get a larger say in the running of debt-laden Jet Airways, the airline on Monday said

In addition to our earlier disclosure made on 02nd May 2018, 11th May 2018, 20th June 2018, 12th July 2018, 27th July 2018, 20th August

The planned scheme, if implemented, will be a “pre-IBC (Insolvency and Bankruptcy Code) window for the resolution of stressed assets…,” said Corporate Affairs Secretary Injeti Srinivas.

A transaction audit was carried out as per existing IBC norms and barring a few technical issues, Educomp’s resolution and operational handover process was found

Delhi-based Amtek Auto’s insolvency resolution process was initiated by Corporation Bank. Lenders to the bankrupt Amtek Auto have approached the Chandigarh bench of National Company

It has now been two years since the major financial reform of the National Democratic Alliance government, the Insolvency and Bankruptcy Code, or IBC, was

The Insolvency and Bankruptcy Code (IBC) is one of the most farsighted economic reforms legislated by the Narendra Modi government. It promises to mitigate the principal weakness

In a blow to defaulting promoters seeking to reclaim their firms that are under insolvency proceedings, the government today promulgated an ordinance to bar wilful

India’s bankrupt companies offer a never-before opportunity to the global investors to ride the country’s exceptional growth trajectory, thanks to the Insolvency and Bankruptcy Code

The National Company Law Tribunal (NCLT) Thursday directed the resolution professional of Era Infrastructure India to admit ICICI Bank as a financial creditor under the

The Insolvency and Bankruptcy Board of India (IBBI) has notified the mechanism to be followed for issuing regulations under the insolvency law. A set of

A committee to look into amendments to the Insolvency and Bankruptcy Code (IBC) on Monday recommended the adoption of the UNCITRAL Model Law of Cross

The Insolvency and Bankruptcy Board needs to be given more powers, NCLAT Chairperson Justice Sudhansu Jyoti Mukhopadhaya said Monday and also suggested that there should

From February next year, only entities registered as valuers with the IBBI can carry out valuation of assets under the insolvency law, according to a

Around 212 firms were sent for liquidation under the Insolvency and Bankruptcy Code (IBC) till September-end, a top official said Saturday. Insolvency and Bankruptcy Board

Insolvency Professionals today made a pitch for additional relaxation for promoters in the MSME sector with regard to bidding for their own assets, in cases

India, among the world’s fastest growing emerging economies, is likely to maintain the “high growth rate” of 7-8 per cent over the next decade, Finance Minister

The government has intensified efforts to ease the pressure on the National Company Law Tribunal (NCLT) and is learnt to be in the final stages of hiring judicial

The resolution plan so reached can then be placed before the NCLT for approval, so that it can be implemented. The government is exploring the