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Monday, December 23, 2024 | 06:39 PM ISTEN Hindi

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Page 8 - Latest Updates on IBC

Insolvency proceedings' deadline problem

The Bankruptcy Law Reforms Committee had spent considerable time on the timelines to be prescribed for various steps under the insolvency/bankruptcy proceedings

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Updated On : 11 Mar 2022 | 2:06 AM IST

At Rs 2.5 trillion, IBC recoveries one-third of admitted claims

Until December 31 last year, 457 companies were resolved under IBC: Govt tells Parliament.

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Updated On : 10 Feb 2022 | 12:04 AM IST

SFIO has received 8 complaints regarding violation of IBC provisions: Govt

The Insolvency and Bankruptcy Code (IBC) provides a market-linked framework for resolution of stressed assets and it came into force in 2016

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Updated On : 07 Feb 2022 | 7:57 PM IST

IndusInd initiates insolvency process against Zee Entertainment

IndusInd Bank claims to be the financial creditor before the NCLT for initiation of corporate insolvency resolution process against Zee and has claimed a default of Rs 83 crore

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Updated On : 05 Feb 2022 | 2:39 AM IST

Insurers seek legal recourse for surety bond biz, urge changes in key laws

Reach out to reinsurers for expertise on surety bonds business

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Updated On : 04 Feb 2022 | 2:00 PM IST

Reliance Industries plans to make a bid for Videocon's oil assets

In January this year, the NCLAT ordered the lenders to seek fresh bids for Videocon Industries

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Updated On : 04 Feb 2022 | 6:04 AM IST

Budget 2022: MSMEs may get credit guarantee, better deal in IBC cases

Banks and MSME industry representatives have sought support for the sector in the line of ECLGS, a measure introduced early in the pandemic

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Updated On : 19 Jan 2022 | 9:42 PM IST

Budget 2022: MSMEs may get credit guarantee, better deal in IBC cases

Banks and MSME industry representatives have sought support for the sector in the line of ECLGS, a measure introduced early in the pandemic

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Updated On : 21 Jan 2022 | 1:32 AM IST

A code for the committee of creditors

Several proceedings have witnessed a variety of contraventions of provisions of the insolvency law by market players

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Updated On : 13 Jan 2022 | 10:05 PM IST

Best of BS Opinion: Strengthening IBC, happy stories for new year & more

Here is the best of Business Standard's opinion pieces for Wednesday

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Updated On : 29 Dec 2021 | 6:30 AM IST

Amount recovered through various channels dropped in 2020-21: RBI report

The IBC route yielded more than Rs 27,000 crore, while around Rs 27,700 crore was recovered through the SARFAESI Act

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Updated On : 29 Dec 2021 | 1:16 AM IST

Strengthening IBC

Proposed changes will reduce delays

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Updated On : 28 Dec 2021 | 10:16 PM IST

Ministry proposes fixed timeline for NCLT, extended look-back period in IBC

The government has sought public comments on the proposal by January 13

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Updated On : 24 Dec 2021 | 1:44 AM IST

Insolvency proceedings in slow motion

Processes like pre-packaged insolvency resolution and mediation and conciliation, which are not adjudication-intensive, may be encouraged

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Updated On : 21 Dec 2021 | 10:49 PM IST

Delhi HC stops coercive action by ED against firms under liquidation in IBC

In a detailed ruling on interplay between IBC and PMLA, the court allowed a writ petition by a liquidator to proceed with the liquidation process of a corporate debtor

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Updated On : 17 Dec 2021 | 2:14 AM IST

Till September, 421 cases resolved under insolvency law: Govt

As of September 30, a total of 4,708 CIRPs were initiated under the IBC

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Updated On : 08 Dec 2021 | 1:16 AM IST

NCLT order on initiating insolvency proceedings against RCap this evening

The RBI had moved NCLT last week to initiate insolvency proceedings against the company.

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Updated On : 06 Dec 2021 | 1:04 PM IST

Code of conduct: IBBI move on COCs raises questions on jurisdiction

The step has added to the growing concern around the role of the insolvency regulator and whether it has delivered the goods

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Updated On : 03 Dec 2021 | 6:04 AM IST

RBI moves NCLT Mumbai for bankruptcy proceedings against Reliance Capital

In a statement on its website, RBI said there would be an interim moratorium on and from the filing of the application till its admission or rejection by the NCLT

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Updated On : 02 Dec 2021 | 11:43 PM IST

IBBI empowers adjudicating authority to pick IPs from panel to curb delays

Board has prepared an algorithm to place insolvency professionals on a panel in a particular order. The IP with lowest volume of ongoing processes gets a score of 100, will be at the top of the panel

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Updated On : 02 Dec 2021 | 11:39 PM IST