Page 11 - Ibc

Reliance Industries plans to make a bid for Videocon's oil assets

In January this year, the NCLAT ordered the lenders to seek fresh bids for Videocon Industries

Budget 2022: MSMEs may get credit guarantee, better deal in IBC cases

Banks and MSME industry representatives have sought support for the sector in the line of ECLGS, a measure introduced early in the pandemic

Budget 2022: MSMEs may get credit guarantee, better deal in IBC cases

Banks and MSME industry representatives have sought support for the sector in the line of ECLGS, a measure introduced early in the pandemic

A code for the committee of creditors

Several proceedings have witnessed a variety of contraventions of provisions of the insolvency law by market players

Best of BS Opinion: Strengthening IBC, happy stories for new year & more

Here is the best of Business Standard's opinion pieces for Wednesday

Amount recovered through various channels dropped in 2020-21: RBI report

The IBC route yielded more than Rs 27,000 crore, while around Rs 27,700 crore was recovered through the SARFAESI Act

Strengthening IBC

Proposed changes will reduce delays

Ministry proposes fixed timeline for NCLT, extended look-back period in IBC

The government has sought public comments on the proposal by January 13

Insolvency proceedings in slow motion

Processes like pre-packaged insolvency resolution and mediation and conciliation, which are not adjudication-intensive, may be encouraged

Delhi HC stops coercive action by ED against firms under liquidation in IBC

In a detailed ruling on interplay between IBC and PMLA, the court allowed a writ petition by a liquidator to proceed with the liquidation process of a corporate debtor

Till September, 421 cases resolved under insolvency law: Govt

As of September 30, a total of 4,708 CIRPs were initiated under the IBC

NCLT order on initiating insolvency proceedings against RCap this evening

The RBI had moved NCLT last week to initiate insolvency proceedings against the company.

Code of conduct: IBBI move on COCs raises questions on jurisdiction

The step has added to the growing concern around the role of the insolvency regulator and whether it has delivered the goods

RBI moves NCLT Mumbai for bankruptcy proceedings against Reliance Capital

In a statement on its website, RBI said there would be an interim moratorium on and from the filing of the application till its admission or rejection by the NCLT

IBBI empowers adjudicating authority to pick IPs from panel to curb delays

Board has prepared an algorithm to place insolvency professionals on a panel in a particular order. The IP with lowest volume of ongoing processes gets a score of 100, will be at the top of the panel

IBC has brought change in attitude of lenders, borrowers: Goyal

Goyal said IBC is a game changing reform compared to the past, when resolution would take probably decades

MCA plans to set up a IBC21 portal with data on bankruptcy proceedings

The project will be headed by the Insolvency and Bankruptcy Board of India and executed by an external agency, along the lines of the MCA21 portal

UPA fell back on loosening govt's grip on PSBs: Montek Singh Ahluwalia

In a Q&A, the former deputy chairman of the Planning Commission, dwells on the areas where he feels UPA did not meet up to the challenges and the progress made by the BJP on certain fronts

Lenders to Aircel, Reliance Communications hope for faster resolution

RBI panel recommends that ARCs be allowed to bid for bankrupt firms

After a much-needed capacity boost, NCLT readies to fast-track cases

NCLT got 18 fresh recruits, a new president and a chairman, during the last month, after more than one and a half years