Creditors realise Rs 2.43 lakh crore through insolvency resolution process till Sep 2022 The creditors have realised 177.55 per cent of the liquidation value and 84 per cent of the fair value (based… 3 years agoNovember 17, 2022
Pre-pack insolvency may get a facelift Lack of response to the MSME scheme forces review 3 years agoOctober 9, 2022
Insolvency law changing the way society perceives biz failures: CCI chief “Fuelled by a huge unsatiated appetite for freedom of exit, the insolvency law is changing the way society perceives business… 3 years agoOctober 1, 2022
IPEs can now act as insolvency professionals Move to improve management of large toxic assets during resolution process 3 years agoSeptember 29, 2022
IBBI mandates marketing of only large toxic assets According to the regulator’s directive, professional services can be hired for marketing of such large assets and information of assets… 3 years agoSeptember 27, 2022
Insolvency initiation: SC upholds NCLT’s discretionary powers While seeking review of the judgment, Mehta and Divan told the SC that there was a need to revisit the… 3 years agoSeptember 22, 2022
IBBI seeks banks’ role in tweaking insolvency rules The government deferred the introduction of an IBC amendment Bill, which was to be taken up by Parliament in the… 3 years agoSeptember 20, 2022
IBBI move on part sale of stressed firms to boost recovery: Analysts The Insolvency and Bankruptcy Board of India (IBBI) has allowed administrators and creditors of stressed firms to invite bids for… 3 years agoSeptember 20, 2022
Insolvency regulator moots incentives for resolution professionals The move comes at a time when inordinate delays in resolution has been blamed for asset value erosion and consequent… 3 years ago
Insolvency Law Committee report focuses on Corporate Insolvency Resolution, effect on liquidation process IBC has seen enormous amendments and clarifications from Judiciary which has enabled its robust working which is quite encouraging 3 years agoAugust 27, 2022
Srei creditors extend resolution plan deadline till August 19 Three bids have so far been received for the Srei group companies from New York-based investment firm Arena Investors, VFSI… 3 years agoAugust 11, 2022
New York investment firm, 2 others submit bids for Srei group firms The deadline earlier was July 30. It was extended for the third time. 3 years agoAugust 10, 2022
IBC Bill amendments to spur fast resolution of toxic assets The ILC had also suggested that a mechanism for reviewing late submissions of plans and unsolicited revisions to plans be… 3 years agoJuly 27, 2022
NCLT admits insolvency petition against Sahara Hospitality The principal amount was about Rs 32 crore, which Sahara defaulted, according to petition filed by Delta Electro Mechanical. 3 years agoJuly 17, 2022
IBC: SC seeks govt response on Neptune promoters’ appeal A bench led by Justice Indira Banerjee issued a notice to ministries of corporate affairs and law and justice, Hitesh… 3 years agoJuly 4, 2022
Government may introduce Bill on cross-border insolvency in monsoon session The monsoon session is expected to be held from July 18 through August 12, although a formal announcement is yet… 3 years agoJune 28, 2022
IiAS asks investors to vote against Reliance Power resolution The advisory comes ahead of the company’s annual general meeting (AGM) scheduled on July 2, with e-voting slated to start… 3 years agoJune 24, 2022
IBBI moots separate insolvency framework for home buyers The Insolvency and Bankruptcy Code (IBC) was amended in 2018 to clarify the status of home buyers as financial creditors.… 3 years agoJune 16, 2022
