Insolvency and Bankruptcy Code
The Ordinance prohibits the initiation of insolvency proceedings for defaults arising during the six months from March 25, 2020 (extendable up to one year).
September 21, 2020
In his new book Overdraft: Saving the Indian Saver, Patel has said that the Supreme Court's April 2019 verdict had not found the RBI’s February 2018 one-day default regulation on the insolvency process “problematic”
July 25, 2020
The global financial news reveals an increase in bankruptcies due to the Covid-19 induced global lockdowns. While the…
May 10, 2020
New Delhi, March 29 : In a major relief for companies going through insolvency under the Insolvency and…
March 29, 2020
New Delhi, Oct 17 : In a major breakthrough for India’s insolvency mechanism which is still in its…
October 17, 2019
New Delhi, Aug 16 : In many ways, Rajendra Singh Sethia — the world’s biggest bankrupt in the…
August 16, 2019
Currently, the resolution plan for a bankrupt company has to be cleared within 270 days.
August 1, 2019
New Delhi, July 29 : Congress leader Kapil Sibal hit out at the Centre for “creating an oligopoly…
July 29, 2019
Accordingly, the government is now expected to introduce the IBC (Amendment) Bill, 2019.
July 17, 2019
The gross NPAs in the Indian banking system have accumulated to a staggering Rs 10 lakh crore, around 90 per cent of which is accounted for by state-run banks.
October 23, 2018
Dehradun, Oct 7 : Inaugurating the first Uttarakhand Investors Summit in Dehradun today, Prime Minister Narendra Modi said…
October 7, 2018
We give one more opportunity to ... (NuMetal and ArcelorMittal ) ... to pay off the NPAs of their related corporate debtors within a period of two weeks from the date of receipt of this judgment, in accordance with the proviso to Section 29A(c).
October 5, 2018
New Delhi, April 4: Less than half of the staggering Rs 9 lakh crore worth of non-performing assets (NPAs),…
April 4, 2018
The winter session of Parliament entered into its 9th day. Meanwhile, on the previous day, it saw a…
December 29, 2017
New Delhi, Dec 28: A bill was tabled in the Lok Sabha on Thursday seeking to modify the Insolvency…
December 28, 2017
Chennai, 8 Aug, Moody’s on Monday said that “The Enforcement of Security Interest and Recovery of Debts Laws…
August 8, 2016