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IBC provides lifeline for distressed cos: Sahoo

Exemplifying his point, Sahoo said the average life of S&P 500 companies has reportedly come d…

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Insolvency law a 'Swachhata drive' against non-performing assets: IBBI chief

"As and when they find a problem, they try to address it as expeditiously as possible. The insolve…

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IBBI will ensure regulations are 'grounded on realities', says Sahoo

New Delhi, Dec 8 () Emphasising that the insolvency law provides a new lifeline to save a company f…

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​Resolution professionals can make as much as ₹1.5 lakh a month and are in demand

Economic slowdown leads to job losses, but it there is a job that will thrive during bad times — th…

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Recovery through insolvency process better compared to other options: IBBI chief

Citing an RBI data, he said it indicates that in 2018-19, banks recovered 5.3 per cent, 3.5 per ce…

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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…

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Personal insolvency beginning of a 'new learning', says Sahoo

New Delhi, Dec 1 () Personal insolvency framework will be the "beginning of a new learning" and the…

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Business advisory

New Delhi, Dec 8 () Following are the top business stories to be released on Sunday:

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“Nowhere in the world do bankruptcy cases have a 330-day deadline,” says bankruptcy board chief MS Sahoo

The Supreme Court on November 15 allowed the bankruptcy courts are free to relax the 330-day deadli…

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6 mins read

EXCLUSIVE: India’s bankruptcy board Chairman explains the evolution of the country's insolvency laws

India’s new bankruptcy law is providing what the country now needs - a way for creditors to gain wh…

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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…

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Nowhere in the world do bankruptcy cases have a 330-day deadline, says bankruptcy board chief MS Sahoo

The bankruptcy of Essar Steel had put India’s nascent bankruptcy laws to test and the final word on…

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Business highlights

New Delhi, Dec 1 () Following are the top business stories at 1825 hours: DEL16 BIZ-LD GST-REVENUE…

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FM chairs FSDC meeting, takes stock of economy amid COVID-19

The RBI last week said the impact of COVID-19 is more severe than anticipated and the GDP growth du…

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FM chairs FSDC meeting, takes stock of economy amid COVID-19 crisis

"While, decisive monetary and fiscal policy actions aimed at containing the fallout from the pandem…

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IBBI proposes simultaneous CoC voting on two or more resolution plans

"However, this should not be a hurdle towards the main aim of maximisation of value in resolution.…

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IBBI amends voluntary liquidation process regulations

New Delhi, Jan 16 () A liquidator will have to deposit unclaimed dividends and undistributed procee…

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Mother Dairy doubles supply of fruits, vegetables to over 300 tonne a day in Delhi-NCR

New Delhi, Mar 28 () Mother Dairy has doubled its supply of fruits and vegetables in Delhi-NCR at o…

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Mother Dairy doubles supply of fruits, vegetables to over 300 tonnes a day in Delhi-NCR

"Before the lockdown, we used to supply 160-180 tonnes of fruits and vegetables per day in the Del…

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Business advisory

New Delhi, Jan 12 () Following are the top business stories to be released on Sunday:-

BIZ-ECO…

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