Insolvency and Bankruptcy Code

The other three resolution applicants are Naveen Jindal-led Nalwa Steel And Power, Amit Metaliks of Amit Alliance and Rashmi Metaliks…

However, financial services providers like banks would be outside the ambit of the group insolvency framework, it has said.

While admitting that the delay is the main challenge before the IBC, RBI governor Shaktikanta Das had said that the…

The creditors have realised 177.55 per cent of the liquidation value and 84 per cent of the fair value (based…

Move to improve management of large toxic assets during resolution process

According to the regulator’s directive, professional services can be hired for marketing of such large assets and information of assets…

The government deferred the introduction of an IBC amendment Bill, which was to be taken up by Parliament in the…