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    1. Business News
    2. About
    3. insolvency and bankruptcy code

    Page 6 of Insolvency and Bankruptcy Code

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    "Till September 30, 2022, the creditors have realised Rs 2.43 lakh crore under the resolution plans.
    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…

    November 17, 2022 18:53 IST
    MSMEs, Pre-pack insolvency, msme scheme
    Pre-pack insolvency may get a facelift

    Lack of response to the MSME scheme forces review

    October 10, 2022 06:30 IST
    "Standing on the two critical pillars of transparency and credibility, the Code and its implementation have continuously strived to build confidence among the creditors and the new management through an efficient bidding process," Gupta said.
    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…

    October 1, 2022 17:06 IST
    Currently, 142 IPEs and thousands of insolvency professionals are registered with the IBBI. The changes are part of the IBBI (Insolvency Professionals) (Fourth Amendment) Regulations, 2022.
    IPEs can now act as insolvency professionals

    Move to improve management of large toxic assets during resolution process

    September 30, 2022 01:15 IST
    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…

    September 28, 2022 02:50 IST
    Insolvency initiation, nclt, Axis Bank
    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…

    September 23, 2022 02:45 IST
    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…

    September 21, 2022 01:00 IST
    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…

    September 20, 2022 05:10 IST
    Insolvency and Bankruptcy Board of India, IIBI news, IBBI latest, bankruptcy board, resolution professional
    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…

    September 15, 2022 06:05 IST
    IBC, Insolvency
    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

    August 27, 2022 11:14 IST
    Varde-Arena, Srei firms
    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…

    August 12, 2022 00:05 IST
    Srei group firms, Srei group firms news, Srei group firms insolvency resolution
    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.

    August 11, 2022 00:05 IST
    The IBC Amendment Bill is scheduled to be introduced in the ongoing monsoon session of Parliament.
    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…

    July 28, 2022 02:50 IST
    The petition is admitted and initiation of Corporate Insolvency Resolution Process (CIRP) is ordered against Sahara Hospitality, and appointed Mamta Binani as Interim Resolution Professional, NCLT said in its order pronounced on Friday.
    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.

    July 18, 2022 03:00 IST
    Supreme court ibc case
    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…

    July 5, 2022 02:10 IST
    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…

    June 29, 2022 01:30 IST
    reliance power, anil ambani
    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…

    June 24, 2022 08:30 IST
    “It has been represented to Insolvency and Bankruptcy Board of India (IBBI) that real estate projects require different dispensation than normal projects,” the regulator said.
    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.…

    June 16, 2022 05:40 IST
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