Lenders say settlements will cross over 100 accounts in the March quarter
Section 29 (A) introduced to debar errant promoters and related parties from placing resolution plans
Report notes that Insolvency and Bankruptcy Code's success has been a mixed bag so far
Amtek Auto lenders look to invoke Section 74 against Liberty House
Apex court's observations came during a hearing challenging validity of IBC
There are eight such organisations and 162 registered valuers at present
The first of a two-part series explores how the proceedings under the IBC have taken off and whether the code is helping banks recover their unpaid loans
Experts say the new law is superior to a winding-up petition which was filed by creditors under the Companies Act
Banks have to be selective in pushing cases to the NCLT, cautioned the Srei Infrastructure Finance CMD
IBBI's circular is not likely to affect the big 12 cases referred by banks on Reserve Bank of India order for insolvency, say experts, as IPEs are not involved in those cases
This would be followed by the regime for individuals who are doing business -- proprietorship or partnership firms
Videocon hit its lower circuit of Rs 16.70, down 4.84%, while Jaiprakash Associates dipped nearly 2% to Rs 17.65 on the BSE
In August, the Reserve Bank had asked banks to either resolve the 28 more large stressed accounts by December 13
NCLT upholds moratorium on claims against companies undergoing insolvency proceedings
Other sectors like food, beverage and hospitality had 43 cases, textiles (22) and steel (15)