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Corporate Insolvency Resolution Process

The original February 12, 2018, circular was explicit that resolution plans should be drawn up on unanimous approval by all lenders

Updated On: 25 Apr 2019 | 2:26 AM IST

According to Mukhopadhaya, 1,100 corporates are undergoing insolvency resolution process and about 250 of them have completed the process by resolution or liquidation

Updated On: 01 Oct 2018 | 10:35 PM IST

With the amended norms, there is more clarity on procedural requirements for various classes of creditors, including home buyers

Updated On: 05 Jul 2018 | 1:04 AM IST

The rules mandate that a bad-loan resolution plan must be agreed upon within 270 days, failing which they require liquidation of the company's assets

Updated On: 22 Mar 2018 | 3:14 PM IST

Given how high the stakes are for promoters for whom their companies are their only identity and for bidders who are hoping to take a competitor out, litigation should have been expected

Updated On: 12 Mar 2018 | 5:56 AM IST

Axis Bank chief Shikha Sharma said that there is 'some conversation' on this aspect already

Updated On: 05 Mar 2018 | 12:00 AM IST