US bankruptcy commercial filings decline 45% in Feb; Chapter 11 filings drop 23%
Total US bankruptcy commercial filings in February 2021 decreased 45% over the same period last year, according to data provided...
“Liquidation of EPC companies yields catastrophic outcomes”
India cannot achieve its infrastructure ambitions if hundreds of EPC companies languish in insolvency. A virtual session on ‘Distressed Debt in...
SC excludes one year to 14 March ’21 for computing limitation period
The Supreme Court has ordered exclusion of period from 15 March 2020 to 14 March 2021 for computing limitation period...
SC stays termination of power purchasing agreement by Gujarat Urja Vikas Nigam Ltd on grounds of insolvency
In an important judgment, the Supreme Court has said that the NCLT/NCLAT had correctly stayed the termination of the Power...
How women insolvency professionals have fared in IBC: An analysis in numbers
Clockwise from top left: Mamta Binani, Charu Desai and Vandana Garg How have women insolvency professionals (IPs) fared in the...
“Women naturally possess qualities required to be successful insolvency professionals”
As head of the Centre for Insolvency and Bankruptcy, Indian Institute of Corporate Affairs, Dr Neeti Shikha is in charge...
Resolution of DHFL’s distress: A shot in the arm for IBC financial services provider’s rules
Anchal Jindal, Senior Associate, Areion Group By Anchal Jindal The resolution of insolvency crisis of Dewan Housing Finance Corporation Limited...
First step to efficient asset recovery: Adopting correct method for establishing fair market Value
By Sharad Sharma An asset recovery professional has an exciting routine. He may have a regular job yet he is...
SC snubs UP police for arresting Jaypee Infratech IRP Anuj Jain; orders immediate release
The Supreme Court has chastised the UP police for arresting interim resolution professional Anuj Jain for arresting in a case...
Ongoing winding-up proceedings not a deterrent against filing insolvency petitions: Supreme Court
Insolvency application either under Section 7 or Section 9 of the Insolvency and Bankruptcy Code is an independent proceeding which...