US bankruptcy filings decline 41% in October; Chapter 11 commercial filings rise 4%
Total US bankruptcy filings in October decreased 41 per cent from last year, according to data provided by Epiq Systems...
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Another setback to Gujarat NRE Coke liquidation process; NCLAT halts asset sale process
There is no end to the ‘liquidation’ process of Gujarat NRE Coke, it seems. The Gujarat NRE Coke was ordered...
“Bid should become null and void if insolvency process is not completed 6 mnths after approval of resolution plan”
Mayur Ghule, Managing Director, RPMG Investment The Insolvency and Bankruptcy Code (IBC) has provided many Private Equity Funds an opportunity...
‘Graduate Insolvency Programme is a unique course that combines practical and theoretical knowledge’
Ektaa Mathur, a 1st year student of Graduate Insolvency Programme (GIP) at the Indian Institute of Corporate Affairs (IICA), thinks...
Making a strong case for liquidation sales at undisclosed reserve prices
By Megha Mittal As per Regulation 39 of the Insolvency and Bankruptcy Board of India (Liquidation Process) Regulations, 2016 (Liquidation...
Mistakes they make: Common violations that land insolvency professionals in trouble
Given the kind of responsibility and power that comes with the role of a resolution professional, it is only pertinent...
Increased default limit for triggering insolvency not applicable retrospectively: NCLAT
The Central Government’s notification dated 24 March 2020 enhancing the minimum amount of default limit from Rs one lakh to...
Let the vacuum left by suspension of IBC be filled by Mediation
By Sanjeev Ahuja Mediation is also often described as "assisted and without prejudice negotiation” and rightly so. The process is...
Trials and tribulations of personal insolvency regime in India
Even as India is looking to roll-out its personal insolvency regime, a look at the bankruptcy provisions for personal guarantors...
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...