Suraksha ARC withdraws ‘approved’ resolution plan due to delay in legal processes
Suraksha Asset Reconstruction Ltd (Suraksha ARC), an asset reconstruction company, has withdrawn its resolution application for corporate debtor Wind World...
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Global corporate insolvencies to increase 26% in 2020; Turkey, US, HK to be worst hit
Global corporate insolvencies are likely to increase by 26% in 2020 as the Coronavirus pandemic pushes the world economy into...
A creditor’s perspective of disputed claims in insolvency proceedings
By Arvind Mangla Time and again, treatment of disputed claims in Corporate Insolvency Resolution Process (CIRP) had attracted divergent views. ...
No complete ban on IBC, says IBBI chairman MS Sahoo
The Insolvency Bankruptcy Board of India (IBBI) has done a very microscopic keyhole surgery under the Insolvency and Bankruptcy Code...
This is how India’s personal bankruptcy framework may look like
As Indian insolvency and bankruptcy authorities are getting ready to roll-out personal insolvency regulations, it only natural for the curiosity...
Mamta Binani: Baptism by Fire
Mamta Binani, an insolvency professional, lawyer and a company secretary, may have earned many laurels in her illustrious career –...
Coronavirus puts 1.7 million SME jobs in danger in UK
As many as 520,000 small and medium enterprises (SMEs) in the United Kingdom are in significant stress due to Covid19...
The curious case of Era Infra
Era Infra was one of the 12 large loan default cases referred by the Reserve Bank of India to the...
Should IBBI levy fee on an annual remuneration basis?
Should the Insolvency and Bankruptcy Board of India (IBBI) be charging fee on the basis of the annual remuneration or...