PFC plans to move the National Company Law Tribunal to recover Gensol loans, two people aware…
Tag: Insolvency and Bankruptcy Board of India
Bankruptcy court approves 22 business rescues in August; 34 so far in second quarter | Mint
New Delhi: The National Company Law Tribunal approved the debt resolution plans of 22 businesses in…
‘Greater transparency needed in insolvency proceedings to raise recovery rates’ | Mint
New Delhi: The corporate insolvency resolution process (CIRP) under the Insolvency and Bankruptcy Code, 2016 (IBC)…
Lenders seek to claw back over ₹31,000 cr from bankrupt firms’ dodgy deals
NEW DELHI : New Delhi: The administrators of insolvent companies have approached tribunals to reverse questionable…
Bankruptcy rescues have soared this year. Here is why
By the end of February, various tribunal benches had approved 250 resolution plans, compared to 185…
For conglomerates going into bankruptcy, a clearer path is emerging
Clarity is on the cards for conglomerates heading for bankruptcy, with the government working on a…
Regulatory framework for valuers to be strengthened: MCA
New Delhi: The Ministry of Corporate Affairs, in its monthly update, has said that it will…
IBC experts stress on standards for creditors
New Delhi: Private players have come out with a voluntary code of conduct for creditors of…
Bankrupt firms can be sold in parts: IBBI
New Delhi: The Insolvency and Bankruptcy Board of India (IBBI) has said that its latest rules…
We must rethink the bankruptcy ecosystem before we lose appeal
As the Narendra Modi government celebrates the “Azadi Ka Amrit Mahotsav”, an initiative to celebrate 75…