Page 4 of Insolvency and Bankruptcy Code

shaktikanda das, rbi, reserve bank of india, central bank, rbi governor, ppirp, pre packaged insolvency resolution process, corporate insolvency, insolvency and bankuptcy code, ibc, msme ministry

Pre-pack insolvency resolution adoption among MSMEs seems to be relatively muted: RBI’s Shaktikanta Das

“One reason could be the hesitancy on the part of the financial creditors (FCs) in approving the proposals under this…

January 12, 2024 14:04 IST

IL&FS Group, top news, latest news, business news, industry news,

IL&FS Group may surpass Rupees 61k-crore debt recovery goal

The corporate affairs ministry had superseded the board of IL&FS in October 2018 following reports of financial irregularities.

December 18, 2023 00:30 IST

Personal assets at risk, promoters to rush to settle dues

SC ruling on personal guarantors has removed ambiguity: Experts

November 15, 2023 05:30 IST

Wake-up call for promoters: Importance of SC judgment lies in sanction to plug loopholes in IBC

While rejecting the petition, the SC held that the approval of a resolution plan did not ipso facto free them…

November 14, 2023 04:30 IST

ibbi, bankrupcy code, industry news, UNCITRAL , united nations

Board paper calls for UN-model cross-border insolvency law

Cross-border insolvency law aims to ensure Indian lenders have access to overseas assets of stressed companies, and can get support…

October 3, 2023 01:15 IST

insolvency law, resolutions under insolvency law, IBBI,

Resolutions under insolvency law likely to touch 300 this year: IBBI chief Ravi Mital

Till August this year, 135 resolutions have happened and the number is likely to touch 300 by year-end, Mital said…

October 1, 2023 12:55 IST

Govt negotiating with UNCITRAL on cross-border insolvency mechanism

The government is negotiating with United Nations Commission on International Trade Law (UNCITRAL) to amend provisions related to cross-border insolvency,…

September 28, 2023 03:45 IST

pre-pack insolvency resolution, ppirp, corporate insolvency, creditors, debtors, msme pre-pack insolvency, msme debt, msme default, msme financial stress

Only 6 cases admitted under pre-pack insolvency resolution process for MSMEs since 2021

Out of the six cases, four cases are ongoing while one case is resolved and one case is withdrawn.

August 7, 2023 16:45 IST

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Go First gets claims worth Rs 24,000 crore from creditors

Go Airlines filed for bankruptcy protection in May.

July 22, 2023 23:55 IST

Insolvency and data protection bills on monsoon session agenda

Session to be between July 17-August 11

June 24, 2023 01:15 IST

IBC and third-party assets: Proceedings against Go First once again highlights issue on resolution process

This issue cropped up in the resolution of RCom and Aircel earlier and now is holding up Go First’s resolution.…

June 12, 2023 06:00 IST

Don’t hamstring creditors: Insolvency board’s proposal for preference voting is flawed

In a discussion paper published on Wednesday, the Insolvency and Bankruptcy Board of India (IBBI) has proposed that the committee…

June 10, 2023 06:25 IST

Insolvency process of realty projects needs to undergo a sea-change to provide relief to homebuyers: Santosh Pandey

In an exclusive interview, Santosh Pandey, CEO, Sarthak Advocates & Solicitors, shares his perspective on why the insolvency process of…

May 25, 2023 13:08 IST

NCLAT upholds NCLT order allowing Go First’s voluntary insolvency proceedings

“The order dated May 10, 2023 allowing insolvency is upheld,” said the NCLAT bench headed by Chairperson Justice Ashok Bhushan.

Updated: May 22, 2023 16:23 IST

One less hurdle for Sony merger: NCLT dismisses IDBI Bank’s insolvency plea against Zee

This comes at a time when Zee is close to completing a merger with Sony Pictures Network India, a subsidiary…

May 20, 2023 00:30 IST

Bankruptcy Petition Procedure in India: Here's how to file Insolvency Petition:

File Bankruptcy Petition: How to submit insolvency petition with NCLT; step-by-step process

Steps To File Insolvency Petition: NCLT with territorial jurisdiction over the place where the registered office of the corporate is,…

May 16, 2023 20:02 IST

careedge, care ratnigs, corporate insolvency resolution process, cirp, insolvency, wholesale traders, retail traders, nclt, payment default

Wholesale, retail trade units 10% of companies admitted for insolvency resolution till March: CareEdge

Ease of doing business for MSMEs: Cases under CIRP have increased each quarter since the launch of IBC, highlighting the…

May 16, 2023 13:55 IST

msme, bank guarantee, credit, loans, msme loan, insolvency code, insolvency and bankruptcy, nesl, bank of baroda, bank of baroda customer services, eBG, hdfc, sbi, federal bank, yes bank

Bank of Baroda launches Electronic Bank Guarantee on its digital platform

Ease of Doing Business for MSMEs: The new facility will enable the public sector bank to issue inland bank guarantees…

May 11, 2023 18:35 IST

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JioHotstar’s November 23 release, “Aztec Batman: Clash of Empires,” follows a young Aztec boy seeking revenge for his father’s murder by Spanish conquistadors. On November 26, Netflix’s “Jingle Bells Heist” features two thieves forced to work together on a Christmas Eve robbery.

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