Page 56 - Insolvency And Bankruptcy Code

Why directors should be wary of Insolvency and Bankruptcy Code

Under the IBC, appointment of a resolution professional marks the onset of insolvency resolution in a debtor company

Over 250 insolvency cases settled

Banks have to examine the profitability of businesses to which loans are being granted

Troubled times: 21 firms seek winding up on their own

Axiom Managed Solutions filed for liquidation in order to wind up its India business

We need a Sudarshan Chakra for PSB revival

Insolvency and Bankruptcy Code (IBC) has become a lynchpin of the new resolution framework

Insolvency and Bankruptcy Code: How stakeholders are learning on the job

Absence of cross-border insolvency laws could lessen the Code's effectiveness

Confusion over shareholders' approval for resolution plan under IBC

Need for alignment of the Code with the existing laws, say experts

RBI asks banks to stick to December deadline for insolvency

The latest communique is a reminder of that deadline, say bankers

Flat buyers under IBC: Creditors or consumers?

When IBC was enacted, policymakers realised that unforeseen challenges are likely to crop up

Last resort shouldn't turn into first choice

The new Insolvency and Bankruptcy Code has serious drawbacks

Bankruptcy Code: IBBI can initiate probe against insolvency professionals

Investigating authority can seize records of the service provider through a court order

IBC segregates judicial, commercial aspects of insolvency for flexibility

IBC provides for a market-determined and time-bound insolvency resolution process

Bankruptcy code: SBI not rushing with new law due to lack of ecosystem

Entire ecosystem required for the new law has not been fully created: Arundhati Bhattacharya

The buy side in bankruptcy process

Leadership must create a team that will work on the bankruptcy reform to get good recovery rates

180 days too long to resolve insolvency cases: Bankruptcy board chief Sahoo

Tells lawyers to take up issue of compulsory quoting fees directly with the Bar Council

Now, a start-ups' insolvency process to be completed in 90 days

Govt notifies fast-track resolution code for corporates; decision to largely benefit start-ups

New bankruptcy code not to address corporate fraud: IBBI chairman M S Sahoo

The code aims at time bound resolution for insolvency and exit as part of the ease of doing business

Debt recovery is off to a slow start

India's debt recovery and restructuring framework is still a work in progress, even six months after the President's assent to the Insolvency and Bankruptcy Code 2016

Insolvency and Bankruptcy Code to kick in from tomorrow

The Code will help quicker resolution of cases and unlock value of assets

A new profession is about to be born

ICAI, ICSI float companies to join the insolvency framework under the new bankruptcy code

Value of assets to decide fees of professionals

The government has been quick in strengthening the newly introduced Insolvency and Bankruptcy Code 2016 by framing draft regulations for insolvency process and liquidation of corporate entities, registration of insolvency professionals and insolvency agencies, rules for applications to the adjudicating authority and draft model by-laws for insolvency agencies.Business Standard takes a look at the brief background and progress of the Code, as well as some key features of the recent proposals which have been put up for public discussion till October 31.When was the Code introduced, and with what objective?The Code came into force on May 28, 2016. The objective was to revamp the scenario of asset reconstruction and streamline the process of corporate liquidation. Still in its nascent stages, the legislation has already been lauded as a path-breaking development from the earlier framework of insolvency, governed primarily though the erstwhile colonial statutes - The Presidency Towns Insolv