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Insolvency Bill

Jet case brings to the fore problems in cross-border insolvency resolution

Foreign creditors are permitted to participate in Indian insolvency proceedings

Jet case brings to the fore problems in cross-border insolvency resolution
Updated On : 21 Jul 2019 | 10:00 PM IST

How conflicts of interests among stakeholders challenge IBC's effectiveness

The RP acts as the "eyes and ears" for the six blind men, providing them with an independent "right" perspective

How conflicts of interests among stakeholders challenge IBC's effectiveness
Updated On : 08 Dec 2018 | 3:23 AM IST

Insolvency code missing deadlines of recoveries 2 yrs after ambitious start

According to IBBI data, of the 816 ongoing CIRPs, more than 29% of the cases have breached the extended 270-day deadline within which resolutions were to be completed, and 19% have crossed 180 days

Insolvency code missing deadlines of recoveries 2 yrs after ambitious start
Updated On : 08 Dec 2018 | 3:10 AM IST

Abduction to blackmail: Professionals hired to resolve bad loans face risks

Called resolution professionals, or RPs, they are appointed by courts to revive or wind down delinquent companies. But they face treacherous terrain

Abduction to blackmail: Professionals hired to resolve bad loans face risks
Updated On : 28 Jul 2018 | 3:16 AM IST

Road to insolvency: Despite setback, JSW Steel on asset-buying spree

Last week, Jindal announced two investments of $600 million in the US

Road to insolvency: Despite setback, JSW Steel on asset-buying spree
Updated On : 03 Apr 2018 | 1:04 AM IST

Don't look for ready-made solutions: IBBI chief to insolvency professionals

The IBBI is implementing the IBC, under which resolution process needs to be completed within 270 days

Don't look for ready-made solutions: IBBI chief to insolvency professionals
Updated On : 10 Feb 2018 | 8:57 PM IST

'With IBC, banks will decide their fate'

Bahram Navroj Vakil says the bigger the haircut for the bank, the more the government would have to infuse capital

'With IBC, banks will decide their fate'
Updated On : 04 Jan 2018 | 3:42 AM IST

Creditors must take haircuts to end bankruptcy: Arun Jaitley

Lok Sabha passes Insolvency and Bankruptcy Code Amendment Bill

Creditors must take haircuts to end bankruptcy: Arun Jaitley
Updated On : 30 Dec 2017 | 4:18 AM IST

Insolvency Bill eases rules for SME promoters

The Bill could help SMEs, as promoters who have filed resolution plan can pay up dues to regain company

Insolvency Bill eases rules for SME promoters
Updated On : 29 Dec 2017 | 4:15 AM IST