Unsuccessful resolution applicant has no right to question implementation of approved resolution plan
Once a resolution applicant is out of the fray to acquire a corporate debtor in an insolvency proceeding, the unsuccessful...
InsolvencyT
Former RBI governor Raghuram Rajan criticises proposal allowing large corporates to own banks
The former Reserve Bank of India (RBI) governor Raghuram Rajan and former deputy governor Viral Acharya have questioned the RBI...
Why IBBI is keeping a close eye on fees charged by insolvency professionals
The fees charged by the insolvency professional (IP) either in his/her role as a resolution professional, interim resolution professional or...
RBI bites the bullet, may allow large corporates to own banks
The Reserve Bank of India (RBI) might soon allow large corporate to own banks, something that the banking regulator had...
Corporate insolvency and the need for an interim moratorium in India
By Anupam Verma and Jay Kothari The Insolvency & Bankruptcy Code, 2016 (Code) has sought to introduce a self-sufficient code to...
US bankruptcies decline over past two weeks, but companies still struggling
US bankruptcies continued to grow in the last two weeks during the coronavirus era but at a slower pace than...
Piramal Group’s letter to creditors of DHFL protesting Adani’s ‘unsolicited’ bid
The Adani Group’s submission of bid to acquire the entire business of beleaguered housing finance company -– Dewan Housing Finance...
A lowdown on the controversy around CA exams
As students appearing for the Chartered Accountancy (CA) exam take to social media outraging over mismanagement by the Institute of...
Sale of legal entity as an asset during liquidation process: A step towards value maximization
By Megha Mittal Value maximization of assets of the corporate debtor is one of the primary objectives of the Insolvency...
England, Wales report 42% fewer company insolvencies in October
England and Wales saw 42% less company insolvencies in October 2020 compared to last year. There were 856 company insolvencies...