Ibc

Best of BS Opinion: Will a 25% rate cut make any meaningful difference?

Today's Best of BS Opinion looks at India's real GDP growth contrasts with weak nominal growth, persistent air pollution, confusion over AI , and uncertain labour-code implementation and more

IBBI proposes uniform, detailed formats for valuation of assets under IBC

IBBI proposes uniform valuation norms, broader fair value definition and single-valuer option for smaller debtors to cut disputes, streamline IBC processes and maximise creditor recoveries

Supreme Court says govt must assess how IBC has worked in ten years

Hearing the Aircel-RCom spectrum dispute, SC said it is time for the Centre to evaluate whether the IBC is meeting its objectives, as arguments on spectrum ownership and insolvency reached a close

IBBI proposes bidders disclose beneficial ownership in their entities

The insolvency regulator has proposed mandatory beneficial ownership disclosures by bidders under the Insolvency and Bankruptcy Code to improve due diligence and prevent misuse of Section 32A immunity

Circular resolving IBC-PMLA clashes soon, says IBBI chief Ravi Mital

IBC and PMLA have often clashed with each other in cases where the assets of an entity undergoing insolvency have been attached by the ED for money laundering activities

Best of BS Opinion: GST 2.0 reforms miss underlying core principles

Today's pieces look at the available space for more rate cuts, the sorry state of tribunals, why GST reforms are not really that, and how India can harness its vast non-export MSME sector

Reforming tribunals: Rising vacancies at the top are hampering efficiency

According to legal think tank Daksh's State of Tribunals 2025 report, India's commercial tribunals face a backlog of 356,000 cases, worth ₹24.2 trillion (as of September)

SC overturning order in BPSL case a course correction for IBC: Experts

The SC has also addressed the issue of delays in the IBC due to litigation and extensions, which stand in the way of implementing a successful resolution plan

Indian real estate sector expects wave of reforms after SC judgment

Supreme Court directs reforms in IBC and Rera, declares housing a fundamental right; developers welcome move, seek multi-stakeholder approach for systemic real estate reforms

Changes to insolvency rules welcome, but complex cases may overwhelm system

While many of the proposed amendments to the IBC, such as cross-border and group insolvency, will make the resolution process smoother, certain issues such as limited judicial capacity could weaken

IBC Amendment: More clarity, less reform, focuses on incremental fixes

By sidestepping deeper structural issues and leaning on delegated legislation, it offers incremental fixes where the system needs a transformative overhaul

Want fresh resolution process: BPSL ex-promoters to Supreme Court

SC recalls earlier order liquidating BPSL; promoters call for fresh bidding as legal experts flag rare instance of review under IBC and Article 142 powers

IBBI calls for CoC to discuss, record section 29A eligibility under IBC

The idea behind the proposed changes to IBC regulations is to bring more transparency and procedural fairness to corporate insolvency resolution

Resolution process: Govt must address emerging gaps in the IBC framework

Even as the matter is being heard in the court, the government would be well advised not to ignore the earlier judgment

IBC enabled debt resolution of ₹26 trillion in 9 years, says Crisil

The Insolvency and Bankruptcy Code (IBC) has led to the resolution of Rs 26 trillion in debt over nine years, creating significant deterrence among borrowers and offering flexible resolution framework

Nearly a decade into its existence, IBC framework needs to be reimagined

The famous "tareekh pe tareekh" dialogue from the Hindi movie Damini captures where we are now

Parliamentary panel on finance to meet today, review IBC, emerging issues

The central government is likely to bring an amendment in the Insolvency and Bankruptcy Code (IBC) in the upcoming monsoon session of Parliament

Lenders ask bidders to sweeten offers for debt-laden Jaiprakash Associates

All five bids for Jaiprakash hinge on Supreme Court ruling over 1,000-hectare Yeida land; lenders prefer cash-heavy offers with Adani seen as current frontrunner

RBI Governor Sanjay Malhotra to appear before House panel on July 10

RBI Governor Sanjay Malhotra and top bank officials to appear before finance panel on July 10 as part of its ongoing review of the Insolvency and Bankruptcy Code

IBC cases breaching resolution timeline hit 78% in FY25: Ind-Ra report

Ind-Ra notes rising resolution timelines and lowest recovery levels since FY21 under the IBC framework, cautioning this could affect bond market deepening and investor confidence