PSUs with high liabilities may face IBC-based closure – Times of India

New Delhi: The government has unveiled a new public sector companies policy for non-strategic sectors so…

Government proposes framework for cross-border insolvency; Wants comment by December 15

Image Source: Pixabay Government proposes framework for cross-border insolvency; Wants comment by December 15 Highlight Corporate…

Government plans legislation for lenders to chase defaulters abroad – Times of India

Mumbai: The government has proposed a change in this bankruptcy legislation by adopting a global model…

Bhushan Power & Steel: SBI moves NCLT to initiate CIRP against singles

JSW Steel closed the acquisition of BPSL in March this year for Rs 19,350 crore. NS…

Credit’s failure to seal investor fortunes – Times of India

Mumbai/New Delhi: Due to repeated failures sarei Conclusion of the Management as well as for Incorporating…

‘Transfer from individual benefit to collective benefit may benefit IBC’: CEA Subramaniam

Speaking at an online seminar organized by Confederation of Indian Industry (CII), Krishnamurthy SubramaniamThe Chief Economic…

Insolvency case: Lenders’ decisions questioned – Times of India

Mumbai: A series of decisions in Supreme court has established the unbridled power of the Committee…

Haircut that was never there: Whether a loan account had become an NPA needs to be taken into account while assessing the haircut from its resolution under the IBC

A news item also talked about ‘tonsur’, referring to the apparent minimum recovery by creditors as…

Reforms help banks recover Rs 5.5 lakh crore bad loans: Government – Times of India

New Delhi: Steps taken by the government in the last few years – from the implementation…

IBC: IBBI amends rules; Efforts to increase discipline, transparency in insolvency process. India Business News – Times of India

New Delhi: Demand to increase transparency in insolvency process, IBBI The rules for corporate insolvency proceedings…