Liquidation a legitimate means of resolution under IBC: MS Sahoo
Former chairman of Insolvency and Bankruptcy Board of India (IBBI) MS Sahoo has said that liquidation of a corporate debtor...
resolution
Success of IBC should be judged on number of resolutions not on amount recovered: IBBI Chairman
The success of Insolvency and Bankruptcy Code (IBC) should be evaluated based on the number of resolutions rather than the...
Panel proposes more changes in IBC to expedite insolvency resolution process
The Insolvency Law Committee (ILC) has proposed a slew of changes to make the Corporate Insolvency Resolution Process (CIRP) faster...
Is IBC losing its sting? Recovery rate drops to 39%
Is the Insolvency and Bankruptcy Code (IBC) losing its sting? After the recent controversies on giving backdoor entry to ‘unscrupulous’...
83% of default cases getting resolved before going into CIRP: Economic Survey
The Insolvency and Bankruptcy Code (IBC) has brought about significant behavioural changes among the creditors and debtors thereby redefining debtor-creditor...
On what parameters should an insolvency professional be judged? Here are some views
It has been more than four years since the Insolvency and Bankruptcy Code (IBC) came into existence. And during these...
Recovery rate at paltry 12.5% as only 7 insolvency cases saw resolutions in Apr-June
Covid19 has taken a toll on the whole insolvency ecosystem as is evident from the number of cases which saw...
RBI moots new resolution plan for Corona-hit personal loan borrowers
The Reserve Bank of India (RBI) moots a separate resolution plan to deal with personal loan borrowers facing financial stress...