Page 6 of Insolvency and Bankruptcy Code News

The move comes at a time when inordinate delays in resolution has been blamed for asset value erosion and consequent…

IBC has seen enormous amendments and clarifications from Judiciary which has enabled its robust working which is quite encouraging

Three bids have so far been received for the Srei group companies from New York-based investment firm Arena Investors, VFSI…

The deadline earlier was July 30. It was extended for the third time.

The ILC had also suggested that a mechanism for reviewing late submissions of plans and unsolicited revisions to plans be…

The principal amount was about Rs 32 crore, which Sahara defaulted, according to petition filed by Delta Electro Mechanical.

A bench led by Justice Indira Banerjee issued a notice to ministries of corporate affairs and law and justice, Hitesh…

The monsoon session is expected to be held from July 18 through August 12, although a formal announcement is yet…

The advisory comes ahead of the company’s annual general meeting (AGM) scheduled on July 2, with e-voting slated to start…

The Insolvency and Bankruptcy Code (IBC) was amended in 2018 to clarify the status of home buyers as financial creditors.…

Analysts have mainly blamed the delay in resolution for the value erosion, although other factors, too, served to drag down…

IBBI has amended the Insolvency and Bankruptcy Board of India (Grievance and Complaint Handling Procedure) Regulations, 2017 and the Insolvency…

When a company fails for any reason and wants a quick exit, this is when the Insolvency and Bankruptcy Code…

Inordinate delays make the market for Distressed assets mimic the Lemons problem

The Insolvency and Bankruptcy Board of India (IBBI) roped in NeSL information utility and Mjunction–a 50:50 venture between Tata Steel…

May 12, 2022: With a slew of retirements due this year, the IBC process is likely to get beset by…

Jefferies global equity strategist, Chris Wood continues to believe India’s growth story, terming it as Asia’s best long-term structural story…

An RTI reveals that in the near future vacancies at the adjudicating authority could be as high as 50%