Resolution of most of the stressed assets under the insolvency law missed their timelines amid a…
Tag: IBC
Insolvency Code Needs ‘Amendment’: IBBI Chief Invites Suggestions To Reduce Delays
Insolvency and Bankruptcy Board of India (IBBI) chairman Ravi Mital on Saturday asked stakeholders for innovative…
NCLAT To Hear IDBI Bank’s Appeal In Zee Entertainment Insolvency Case On August 31
The National Company Law Appellate Tribunal (NCLAT) has agreed to hear IDBI Bank’s appeal against the…
Govt May Split Bankruptcy Process For Quicker Resolution, Fewer Litigations: Report
The Centre is mulling sweeping changes to the Insolvency and Bankruptcy Code (IBC) and may split…
IBC Should Not Be Seen As A Recovery Mechanism But A Way To Bring Time-Bound Resolution: Das
The Reserve Bank of India (RBI) Governor Shaktikanta Das on Wednesday said the Insolvency and Bankruptcy…
IndusInd, Oaktree Capital, Two Other Companies Submit Bids For Reliance Capital: Report
Four firms — IndusInd Bank, US-based asset management firm Oaktree Capital, Torrent Group, and B-Right Group…
Insolvency and Bankruptcy Code To Take Precedence Over Customs Act: SC
Last Updated: August 26, 2022, 11:37 AM IST Customs authorities can approach the adjudicating authorities claiming…
Banks Take Rs 69 Haircut For Every Rs 100 Insolvency Claims Under IBC: Report
Banks have taken an average haircut of Rs 69 as losses for every Rs 100 of…
GST, IBC, Digitisation Are Keeping India’s Fundamentals Sound, Says FM Sitharaman
Finance Minister Nirmala Sitharaman on Wednesday said India’s fundamentals are once again sound on the back…