Insolvency And Bankruptcy Code Of India Ibc

Stressed asset buyers may get relief from competition law, MAT

Govt-appointed committee planning to recommend amendments to bankruptcy code to make this happen

A killer judgment

India must guard against perverse bankruptcy judgments, such as the one on Essar Steel

A swift response

Govt has moved fast to address IBC problems

IBC amendments may make resolution faster but raise inter-govt conflicts

Several government bodies have questioned the validity of resolution plans that reduces their claims

Brace for new 'crudities and inequities'

How the IBC transformed into a tool to stigmatise business failure

High and dry in the IBC era

The Insolvency and Bankruptcy Code has altered the relationship between debtors and creditors for the better, but small and medium enterprises have gained nothing

Fearing insolvency proceedings, promoters line up to pay their dues

Bankers say there is palpable fear among erring promoters that the banking system just cannot be taken for granted, and any delay in loan repayment could mean promoters losing business

Insolvency: Arun Jagatramka's Gujarat NRE Coke proposes revival scheme

According to the scheme, Rs 5 bn of sustainable debt would be paid in 10 years to secured creditors on a quarterly basis with an interest of 8.10 per annum

Tata Steel likely to have an edge in battle for Bhushan Power

Tata Steel is said to have put in a bid of Rs 245 billion, including capital infusion of Rs 75 billion

IBC Ordinance bars kin from bidding for insolvent companies

As such, related parties under the Insolvency and Bankruptcy Code have now been defined in sync with the Companies Act

Allow promoters to bid under IBC if not willful defaulters: CII Prez Mittal

He further said the government is seriously considering this issue but we have to see what finally comes out

Insolvency resolution: Monnet Ispat's independent director resigns

Monnet Ispat is one of the 12 companies which RBI had referred to NCLT for insolvency proceedings in June this year

Why insolvency Ordinance was needed

If assets are sold to the same promoters, haircut for banks will be less since a new investor would want a higher discount for an unknown asset

Banks' certificates not must for triggering insolvency

Supreme Court order offers relief to foreign operational creditors who do not have bank account in the country

Sajjan Jindal and the art of reshaping IBC

His tweets have proved prophetic when it comes to impending changes to the code

Insolvency resolution: Top 5 steel firms need to pay Rs 29,000 cr to bid

Recent IBC tweak limits promoters' capacity to convert their NPAs into standard assets by paying overdues

Tweaks in Insolvency and Bankruptcy Code to block wilful defaulters

Cabinet clears ordinance to make it difficult for many promoters to take back insolvent firms

Lenders plan to send more companies to NCLT

Fail to get desired results in all SDR cases, including RCom

Govt-owned enterprises may soon face the IBC heat

For first time, 9 PSBs have taken a state-owned enterprise to task

A day in the life of NCLT: Cases under code on fast track

We are trying our best to handle these cases with existing resources, said NCLT official