Page 14 - Ibc

Decoded: What is prepackaged insolvency resolution & how does process work?

The prepackage process for resolution has been popular in Europe and the US over the past decade

Nirmala Sitharaman introduces IBC (Amendment) Bill 2021 in Lok Sabha

Sitharaman is in charge of both finance and corporate affairs ministries.

Top headlines: Kerala seeks Sputnik V plant; Covid crimps budget housing

Business Standard brings to you the top headlines on Thursday

Creditors got Rs 2.45 trn from 394 resolution cases under IBC: FinMin

Amount realised in top 100 CIRPs is Rs 2.37 trillion, over 36% of admitted claims

Vedanta among 11 bidders vying for Videocon's Brazil assets worth $2 bn

If sale is successful, lenders will get Rs 15,000 cr more from Videocon's debt resolution, taking their recovery to over 40%

Financial creditors can realise Rs 60,000 crore through IBC: ICRA

The second wave of Covid-19 could again delay resolutions and increase haircuts

Lenders can realise Rs 55,000-60,000 crore from IBC cases in FY22

Large housing finance company resolution seen as key drive; second wave could cause delays and increase haircuts

Creditors may realise Rs 55,000-60,000 cr through IBC in FY22: Report

The agency believes that there have been some positive outcomes from the presence of the IBC despite the delays that are becoming common.

Half the cases closed under IBC end in liquidation, only 13% resolved

Haircut rises to 60% of lenders' claims in FY21

DHFL resolution: Lenders weigh options after NCLT's surprise call

Tribunal gave direction to have a look at offer by Kapil Wadhawan

Reimpose moratorium on taking cos to NCLT under IBC due to Covid: Assocham

Industry body Assocham on Friday urged the government to reimpose moratorium on taking debt-ridden firms to the NCLT under the IBC till December

West Bengal polls LIVE: EC notice to Mamata for 'communal' appeal

Stay tuned for Latest LIVE news

IBC in the slow lane: CIRP cases decline almost 12%, shows IBBI data

New corporate insolvency being at halt reflected in the continuing drop in the number of ongoing corporate resolution cases in the October-December period

IBC ordinance allows prepack for MSMEs, eases resolution with minimum pain

Ordinance is designed to ensure quicker, cost-effective and value maximising outcomes for all stakeholders in a manner that least disrupts their businesses and preserves jobs too

Diamond in the rough: Why NINL is attracting interest from all the big boys

Why the sale of a loss-making public sector steel company, which has been closed for over a year, is attracting interest from all the big boys of the industry

Special insolvency relief framework for Covid-hit MSMEs in the works

Such firms may be allowed to opt for pre-packaged deal

Liquidation an outcome of market forces: IBBI chairperson M S Sahoo

Sahoo was responding to the criticism that only 25 per cent of IBC cases end up in resolution while the remaining get liquidated

Top headlines: Apple's India plans, raw material crunch for vax maker, and more

With just about a fortnight left for the suspension on fresh corporate insolvency cases to end, government sources have indicated that another extension is unlikely

M S Sahoo explains achievements, evolution, and challenges of the IBC

IBC is an option; stakeholders may not use it even if freeze not extended, says M S Sahoo

SC appalled over arrest of court-appointed Interim Resolution Professional

Anuj Jain was appointed by the top court under the Insolvency and Bankruptcy Code (IBC) and was entrusted with the task to ensure functioning of Jaypee Infratch