IBC

Dues by ailing firms to Centre, states extinguish if not part of resolution plan under IBC: Supreme Court

Dues by ailing firms to Centre, states extinguish if not part of resolution plan under IBC: Supreme Court

In an important judgement, the Supreme Court Tuesday held all dues, including statutory ones, payable by ailing companies to the Centre,...Read More

Government amends insolvency law; introduces pre-packaged resolution process for MSMEs

Government amends insolvency law; introduces pre-packaged resolution process for MSMEs

Seeking to provide a quicker and value-maximising outcome for stressed MSMEs, the government has introduced a pre-packaged resolution pro...Read More

Govt amends IBC, introduces pre-packaged resolution process for MSMEs - Check out new changes here

Govt amends IBC, introduces pre-packaged resolution process for MSMEs - Check out new changes here

Seeking to provide a quicker and value-maximising outcome for stressed MSMEs, the government has introduced a pre-packaged resolution pro...Read More

Challenging March, FMCGs and IBC ordinance: Three things Teji Mandi investors should know on April 5, 2021

Challenging March, FMCGs and IBC ordinance: Three things Teji Mandi investors should know on April 5, 2021

Factory output growth slows down in March: The IHS Markit's Nikkei Manufacturing PMI declined to a seven-month low of 55.4 in March, from...Read More

Jalan Kalrock Consortium expects to restart Jet Airways in 4-6 months after NCLT nod

Jalan Kalrock Consortium expects to restart Jet Airways in 4-6 months after NCLT nod

Jet Airways, the once-storied full-service carrier was grounded in early 2019 and subsequently is undergoing proceedings under the Insolv...Read More

DHFL acquisition: Piramal group gets RBI nod

DHFL acquisition: Piramal group gets RBI nod

Piramal Group on Thursday said the Reserve Bank is understood to have approved acquisition of debt-ridden DHFL by the group's subsidiary ...Read More

Supreme Court upholds changes in IBC to initiate case against debtor firms

Supreme Court upholds changes in IBC to initiate case against debtor firms

In a significant verdict, the Supreme Court Tuesday upheld amendments made by Parliament in the Insolvency and Bankruptcy Code (IBC) whic...Read More

Relief for several financially stressed companies, but extension of IBC suspension comes with added risks

Relief for several financially stressed companies, but extension of IBC suspension comes with added risks

In a major relief for several financially stressed companies amid the pandemic, the government has again extended the suspension on fresh...Read More

Centre puts IBC on hold till March 2021

Centre puts IBC on hold till March 2021

This suspension of the IBC is not applicable to any default committed before March 25, 2020.

SEBI rejigs minimum public shareholding norms for companies under Insolvency and Bankruptcy Code

SEBI rejigs minimum public shareholding norms for companies under Insolvency and Bankruptcy Code

The board of the Securities and Exchange Board of India (SEBI) has tweaked the minimum public shareholding norms for listed companies fa...Read More

Pre-packaged IBC deals may get going soon to reduce pressure on NCLT

Pre-packaged IBC deals may get going soon to reduce pressure on NCLT

The government may soon introduce a new pre-packaged resolution plan for stressed assets to provide a seamless system to address bankrup...Read More

Banks need effective steps to curb stress as IBC suspension gets extended

Banks need effective steps to curb stress as IBC suspension gets extended

In a bid to provide relief to stressed businesses amid the pandemic, the suspension on fresh insolvency proceedings under the Insolvency ...Read More

Govt extends suspension of fresh proceedings under insolvency law for 3 months

Govt extends suspension of fresh proceedings under insolvency law for 3 months

The six-month period of suspension, which was effective from March 25, was to end on Thursday.

Delhi HC seeks Centre's response on plea by Bhushan Power and Steel ex-chief against IBC proceedings

Delhi HC seeks Centre's response on plea by Bhushan Power and Steel ex-chief against IBC proceedings

The Delhi High Court has sought a response from the Centre and others on a petition filed by ex-Chairman of Bhushan Power and Steel Ltd. ...Read More

Parliament clears IBC amendments to protect stressed companies amid COVID-19

Parliament clears IBC amendments to protect stressed companies amid COVID-19

Parliament on Monday approved the Insolvency and Bankruptcy Code (Second Amendment) Bill, 2020 to protect COVID-19-stressed companies fro...Read More

Parliament passes bill to amend the Insolvency and Bankruptcy Code

Parliament passes bill to amend the Insolvency and Bankruptcy Code

The Parliament on Monday passed a bill that temporarily suspends initiation of corporate insolvency resolution process under the IBC, for...Read More

Capital conservation for banks important as moratorium ends: Report

Capital conservation for banks important as moratorium ends: Report

State-owned banks need to be recapitalised or given the alternative of capital conservation as one-year suspension under insolvency and b...Read More

Govt promulgates ordinance to amend insolvency law

Govt promulgates ordinance to amend insolvency law

Default on repayments from March 25, the day when the nationwide lockdown began to curb coronavirus infections, would not be considered f...Read More

Cabinet clears amendments to insolvency law

Cabinet clears amendments to insolvency law

New Delhi: The Union Cabinet on Wednesday approved changes to the insolvency law, including provision to ring- fence successful resolutio...Read More

Govt plans to amend IBC to provide immunity to companies taking over stressed assets from prosecution

Govt plans to amend IBC to provide immunity to companies taking over stressed assets from prosecution

New Delhi: The government plans to amend the Insolvency and Bankruptcy Code (IBC) to provide immunity to companies taking over stressed a...Read More

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