Insolvency and Bankruptcy Code News
IBBI circular said that the RPs will have to ensure that deliberations and observations of the CoC – at the…
The Insolvency and Bankruptcy Board of India (IBBI) plans to revise valuation norms under the IBC to address inconsistencies and…
Policy action is designed to bolster insolvency regime; will all stakeholders now show clarity of purpose?
The IBBI has proposed a stricter disclosure regime for prospective buyers (PRAs) in the Corporate Insolvency Resolution Process (CIRP) to…
The Winter Session of Parliament, scheduled from December 1-19, is set to prioritize two major economic Bills: the Insurance (Amendment)…
According to the sources, the proposed insolvency legislation for ULBs might take cue from global examples like the Chapter 9…
The Insolvency and Bankruptcy Code (IBC) has facilitated the recovery of Rs 3.96 lakh crore for creditors over nine years, representing 33% of…
The Supreme Court (SC) reversed a previous bench’s decision by upholding the NCLAT-approved resolution plan for Bhushan Power and Steel…
To expedite insolvency resolution, the government’s IBC Amendment Bill, 2025 proposes giving Resolution Professionals (RPs) “quasi-judicial authority” to verify and…
The Insolvency and Bankruptcy Board of India (IBBI) is introducing a new framework to speed up the insolvency resolution process,…
Companies like Canned goods producer Del Monte Foods filed for Chapter 11 bankruptcy, as they witnessed reduced demand and high…
The new Bill should be able to address several shortcomings of the insolvency process.
IBBI’s expert panel proposes new rules to prevent parallel disciplinary actions against insolvency professionals. The move aims to ensure fairness,…
The government confirmed no final decision has been made on proposed changes to the Insolvency and Bankruptcy Code (IBC), delaying…
The IBBI has made it mandatory for Resolution Professionals (RPs) to inform the Committee of Creditors (CoC) about fraudulent or…
Mining giant Vedanta held its 60th AGM, with Chairman Anil Agarwal detailing a “3D strategy” of demerge, diversify, and deleverage…
The tabling of the Insolvency and Bankruptcy Code (IBC) amendment Bill in the upcoming monsoon session is now uncertain, as…
Adani Power has completed the Rs 4,000 crore acquisition of Vidarbha Industries Power Ltd under the IBC process. The deal…