Page 2 - Ibc Amendments

A tweak in the IBC yields more power to homeowners, but gaps remain

Buyers should consider approaching the real estate regulator first, before taking the developers to National Company Law Tribunal

Amendments to the IBC: Correcting judicial errors

The operational creditors cited the NCLAT's decision on July 4, 2019, in Standard Chartered Bank vs Satish Kumar Gupta, R P of Essar Steel

Will challenge IBC amendments: Essar Steel operational creditors tell SC

Supreme Court agrees to hear operational creditors on August 19, asks them to file amended applications in a week

CCD crisis: Business failures should not be taboo, says Nirmala Sitharaman

Parliament approves changes in IBC, providing greater clarity over distribution of proceeds of auction of loan-defaulting companies

Govt clears changes to insolvency law; secured lenders to get preference

Resolution gets maximum 330 days including litigation

IBC: Bidders want clarity on haircut to be offered to operational creditors

With the resolution plans of most bidders taking care of only secured creditors, operational and unsecured creditors plan to take the fight to SC to get their dues