Creditors have recovered 92% more than value of assets of rescued firms under IBC, says IBBI Chief
The primary objective of the Insolvency and Bankruptcy Code (IBC) is to rescue firms in distress, and that the insolvency...
NCLAT dismisses plea to withdraw resolution plan for Astonfield Solar (Gujarat)
The big point of law that is being put to test under the Insolvency and Bankruptcy Code (IBC) is whether...
Syllabus and details of Limited Insolvency Examination to be held from 1 Jan 2021
The next Limited Insolvency Examination (Examination) under regulation 3 (3) of the Insolvency and Bankruptcy Board of India (Insolvency Professionals)...
What’s next in the farm sector reforms: A special bankruptcy law for farmers?
Even as the government push for farm sector reforms, the indebtedness of farmers in India continues to be a pestering...
Pre-pack resolution: A faster alternative to an insolvency proceeding
With the National Company Law Tribunal (NCLT) inundated with cases under the Insolvency and Bankruptcy Code (IBC) leading to unending...
Govt extends suspension of IBC by three months till December 2020
The government has decided to extend the suspension of Sections 7,9, 10 of the Insolvency and Bankruptcy Code (IBC) for...
Ex-RBI gov Raghuram Rajan bats for allowing promoters to participate in IBC proceedings
Former Reserve Bank of India (RBI) governor Raghuram Rajan and former deputy governor Viral Acharya have said in a jointly...
Just out of insolvency, Kwality Ltd now under CBI net for duping banks of Rs 1,400 crore
Another corporate debtor undergoing insolvency proceedings finds itself on the wrong side of the law. The Central Bureau of Investigation...
Creditors lose more than Rs 5 lakh crore as 950 insolvent companies go into liquidation
Could the Insolvency and Bankruptcy Code (IBC) have saved thousands of crores of banks’ money if it had worked more...
Pitfalls and impracticalities of KV Kamath Committee recommendations
The recently announced parameters by the KV Kamath Committee for companies and businesses to be eligible under new resolution framework...