Page 23 - Ibc

Is the Insolvency and Bankruptcy Code losing its effectiveness?

On the contrary, it has the potential to change the behaviour of investors, lenders and borrowers to create a more healthy ecosystem for India Inc

Should there be different IBC resolution mechanisms for different sectors?

Harmonise special regulations for each sector with the IBC, instead of creating carve-outs, say experts

Give details of insolvency law committee, Supreme Court tells Centre

It had been tasked to issues which might 'impact the efficiency of the corporate insolvency resolution and liquidation framework' and make recommendations

CoC, RP faced with grey areas in IBC as bidders hold-up plan implementation

At least seven resolutions at stake as bidders raise issues

Banks' recovery improves after insolvency code, changes in Sarfaesi: Report

Efforts on the part of private banks to clean up their balance sheets through higher write-offs and better recoveries contributed to low GNPA ratios in these banks

Two years of IBC: Here are its hits & misses, and the road ahead

1,298 cases admitted for the corporate insolvency resolution process

Right intent, wrong definition

Section 29A of the IBC needs a hard look, indeed

IBC's greatest feat

Two years on, it has ended the culture of impunity

IBC may need tweaks in provisions to iron out operational issues: Experts

Experts point out that the law prescribes criminal prosecution of such bidders but the company will be liquidated if a resolution plan fails

Delays in top 12 corporate insolvency cases cost lenders Rs 40 billion

Around 241 companies were sent for liquidation under the IBC by various NCLT benches and in only 58 cases have the resolution plans been accepted by the NCLT, the IBBI data shows

So far, 1,198 corporates admitted under IBC, 52 cases resolved: Official

About 212 cases resulted in liquidation and 118 were closed on appeal or review

Sidelined by IBC, official liquidators may get to handle insolvency cases

5,000 cases in the country are pending with these official liquidators, according to ministry officials

Bankruptcy Code will deepen Indian corporate bond market: Assocham

According to the chamber, the contribution proportion of the corporate bond market to the GDP is 123% in the US and 74% in South Korea

'IBC to boost investors' confidence, deepen India's corporate bond market'

The study noted that effective implementation of the IBC can help improve the recovery rate of stressed assets further

Insolvency and Bankruptcy Code enmeshed in legal action

The law laid down by the SC in a plethora of cases is that policy issues of the govt are not justiceable. The precedent laid down by the SC also cannot be violated by the apex court itself

Strengthening the IBC

SC decision to send Jaypee matter back to NCLT is welcome

Nothing called partial defaulters, IBC must apply equally to all: RBI

The Centre in its submission to the Allahabad High Court in July sought regulatory relief and time extension for close to dozen power projects with debt exposure of around Rs 1 trillion

Reinforcing IBC

More insolvency courts is a good starting point

Bankruptcy code: 701 firms face cases under CIRP, 87 to be liquidated

The resolution process of 241 stressed companies went beyond the mandatory 270 days of which 73 firms are going into liquidation

Govt ready to make further changes to IBC if needed, says official

The Code, which comes under the corporate affairs ministry, has already been amended twice