Page 51 - Insolvency And Bankruptcy Code

Developers brace for another storm as SC gives relief to homebuyers

According to industry sources, the verdict will make things difficult for a host of developers

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

Is IBC unfair to operational creditors?

Any decision to change the system should be based on developed theory and firm evidence

Jet Airways extends deadline for submitting initial bids to Aug 10

The last date has been extended as potential bidders sought additional time, resolution professional Ashish Chhawchharia said

RS passes IBC amendment, restores lenders' primacy in insolvency cases

The amendments give committee of creditors of a loan defaulting company explicit authority over the distribution of proceeds in the resolution process

FM to meet CEOs of PSU banks to discuss ways of increasing credit growth

According to sources, the meeting will also review progress of resolution of NPAs under Insolvency and Bankruptcy Code

Lok Sabha clears IBC Bill, Goyal says ordinance not to favour any corporate

Congress' Kharge alleged that the ordinance was brought by the government to help the Reliance Industries to acquire Alok Industries

Prioritise pushing large firms via IBC

The need of the hour is to focus on the IBC pipeline, increase the quantity of assets flowing through it, and reduce the time taken

Passing the scrutiny of courts toughest test for proposed amendments to IBC

With eight proposed amendments to the insolvency law last week, the government has sought to turn the focus back on at least some of the functions of the insolvency law

IBBI suspends insolvency professional's licence over use of its name

The committee said the use of the regulator's name without its permission was unacceptable

Govt clears 7 amendments to IBC, extends Finance Commission's term

The Cabinet has approved the changes to the Insolvency and Bankruptcy Code (IBC).

India's in-court bankruptcies get a dose of common sense and urgency

Amending the bankruptcy code won't revive animal spirits overnight, but it would at least prevent a bad situation from getting indefinitely worse

LS passes amendments to Bankruptcy Code; 7 sections to be amended

Responding to the debate on the bill, Finance and Corporate Affairs Minister Nirmala Sitharaman said the liquidation of a company is not the sole agenda of the Insolvency and Bankruptcy Code

Stressed assets funds may return to India after relaxed ECB norms

Companies seek returns of over 20 per cent but RBI has put restrictions on yields and tenure

IBC Bill: Pressure on NCLT benches as 330-day deadline for resolution looms

Big IBC cases such as those of Amtek Auto, Bhushan Power & Steel, Era Infra Engineering, and Jaypee Infratech have gone well beyond the 270-day deadline set under the IBC

IBBI sets one-year timeline for liquidation process of insolvent companies

New regulations also say that a compromise between the stakeholders must happen within 90 days of the liquidation order

How the stressed asset problem snowballed into a tussle between RBI, govt

An exclusive excerpt from A K Bhattacharya's 'The Rise of Goliath'

Empee Distilleries receives four resolution plans; CoC to decide, says RP

NCLT had started the insolvency process after a petition was filed by the Union Bank of India

IBC Amendment Bill tabled in Rajya Sabha, govt backs financial creditors

The Bill has proposed a time limit of 330 days for completion of the resolution process including the litigation

The Jet Airways insolvency case brings to fore grey areas in aviation law

One of the issues is how long the airline can enjoy rights over its parking slots at airports