IBBI amends rules for swifter redressal of grievances filed against insolvency professionals IBBI has amended the Insolvency and Bankruptcy Board of India (Grievance and Complaint Handling Procedure) Regulations, 2017 and the Insolvency… 3 years agoJune 15, 2022
No stigma should be attached to business failures: IBBI chief When a company fails for any reason and wants a quick exit, this is when the Insolvency and Bankruptcy Code… 3 years agoJune 10, 2022
What ails the IBC? A problem of timely resolution Premium Story Inordinate delays make the market for Distressed assets mimic the Lemons problem 3 years agoMay 26, 2022
E-marketplace for toxic assets being given a leg up Premium Story The Insolvency and Bankruptcy Board of India (IBBI) roped in NeSL information utility and Mjunction–a 50:50 venture between Tata Steel… 3 years agoMay 25, 2022
Insolvency regulator holds meet with investors in bid to prop up IBC recovery May 12, 2022: With a slew of retirements due this year, the IBC process is likely to get beset by… 4 years agoMay 13, 2022
India still Asia’s best long-term structural story, says Chris Wood; recommends buying stocks on declines Jefferies global equity strategist, Chris Wood continues to believe India’s growth story, terming it as Asia’s best long-term structural story… 4 years agoMay 10, 2022
Large number of vacancies may hit NCLT functioning An RTI reveals that in the near future vacancies at the adjudicating authority could be as high as 50% 4 years agoApril 19, 2022
Individual insolvency for the poor on the back burner, focus now on toxic asset resolution Instead, the government will first focus on further bolstering the IBC architecture to yield quick resolution of toxic assets while… 4 years agoApril 18, 2022
Insolvency board amends norms on voluntary liquidation regulations The IBBI has also introduced a compliance certificate/checklist for the voluntary liquidation process, along the lines of the one for… 4 years agoApril 7, 2022
Insolvency regulator to get more teeth, punitive powers; key amendments on the cards Commenting on whether the IBBI needs to be further strengthened, a former central banker said, “There is merit in the… 4 years agoMarch 7, 2022
Recovery blues for lenders under IBC; pandemic, delay in resolutions hit insolvency proceedings The Covid outbreak just exacerbated the severe value erosion of several stressed assets 4 years agoMarch 5, 2022
Jet Airways gets new CEO; Sanjiv Kapoor to pilot grounded airline as it rushes to fly again this summer Jet Airways, which has not flown since April, 2019, is in the process of re-launching operations under its new promoters… 4 years agoMarch 4, 2022
Insolvency and Bankruptcy Code: Govt may intervene in rare cross-border insolvency cases “This is an important requirement that will leave some scope for the government to act. Many nations that have adopted… 4 years agoFebruary 27, 2022
