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2 mins read
IBC led to recovery of just 10% of defaulted loans in non-
Speaking on a bill to further amend the Insolvency andBankruptcy Code to give protection to new own…
PTI
1 min read
Torrent Investments not to participate in 2nd auction for Reliance Capital; Hinduja sole bidder
Torrent Investments has reportedly informed lenders of Reliance Capital that it is unwilling to par…
1 min read
Climate change threatening tea sector globally: ITA
A spokesman of ITA said climate change is also threatening the long-term viability of tea indust…
PTI
1 min read
SBI hopes IBC timeline be adhered to in DHFL resolution
New Delhi, Nov 21 () A day after the Reserve Bank decided to refer crippled Dewan Housing Finance t…
PTI
3 mins read
Will Reliance Capital lenders get their dues fast or will there be legal delays
With another round of bidding for Reliance Capital Ltd slated later this month, the question is whe…
3 mins read
KV Kamath says digital economy can contribute 25% GDP by FY29
Noted banker KV Kamath, who now chairs the National Bank for Financing Infrastructure and Developme…
PTI
2 mins read
Work is on to amend IBC to address cross-border insolvency: Sahoo
Mumbai, Nov 30 () Insolvency and Bankruptcy Board of India chairman M S Sahoo on Saturday said work…
PTI
1 min read
IBC: Govt notifies regulations for personal guarantors to corporate debtors
New Delhi, Nov 20 () The government on Wednesday notified the regulations for personal guarantors t…
PTI
1 min read
IBC saved 160 cos from premature death, says Sahoo
New Delhi, Dec 16 () The Insolvency and Bankruptcy Code (IBC) has saved 160 companies from prematur…
PTI
2 mins read
Companies' suppliers cannot be burdened with 'overly restrictive conditions' under IBC: Parl panel
Further, it emphasised that the payments due to micro, small and medium enterprises (MSMEs), who a…
PTI
1 min read
Liquidation of company under IBC some times better than resolution: NCLAT member
"Liquidation is throwing assets for an alternative use. It looks like that liquidation is a dirty w…
PTI
2 mins read
India amends bankruptcy law to protect winning bidders from paying the price for sins of the previous promoter
The IBC (Second Amendment) Bill, 2019, is likely to be introduced in the current session of the…
PTI
2 mins read
Homebuyers' body urges PM to stop proposed amendment to IBC in favour of builders
New Delhi, Nov 20 () Homebuyers' body FPCE has written to Prime Minister Narendra Modi to intervene…
PTI
1 min read
Govt plans to amend IBC to ring-fence buyers of stressed assets from prosecution
New Delhi, Nov 24 () The government plans to amend the Insolvency and Bankruptcy Code (IBC) to prov…
PTI
1 min read
IBC reduces resolution time to 340 days from 4.3 years earlier: Eco Survey
As per the survey, the government has been proactively addressing the issues that come up in imple…
PTI
2 mins read
Reliance Capital Committee of Creditor rejects all bids, considering liquidation
The Committee of Creditors (COC) of Reliance Capital (RCAP), in its meeting held on Wednesday, has …
1 min read
SREI Equipment Finance auditor reports fraudulent transactions to the tune of ₹13,110 cr
SREI Equipment Finance Ltd has reported alleged fraudulent transactions amounting to Rs 13,110 cror…
4 mins read
OPINION: How to make India’s bankruptcy resolution process faster and more efficient
However, as with all new regulations, the law takes its time to settle. Having said that there a…
2 mins read
Indian banks could have more than ₹10 lakh crore non-performing assets by March 2022
The gross non-performing assets (GNPAs) of banks are expected to cross ₹10 lakh crore by March 2022…
2 mins read
No fresh IBC proceedings till December, says Centre
In a gazette notification, the Ministry of Corporate Affairs (MCA) said that the suspension on o…