The new insolvency and bankruptcy code (IBC) has completed a successful 5-year journey. The code has been often criticised for low recovery rate. But it is a new law and as the law stabilises, there ...
More than eight years have passed since the enactment of India’s Insolvency and Bankruptcy Code (IBC). According to data from the Insolvency and Bankruptcy Board of India (IBBI), creditors have ...
The proposed amendments to the Insolvency and Bankruptcy Code (IBC) such as introduction of group insolvency, cross-border ...
Proposed IBC amendments could lift recoveries from 32% and cut CIRP timelines, says ICRA, but real estate – 2nd biggest ...
New Delhi: Promoters seeking to halt bankruptcy proceedings by repaying creditors will need to settle dues at an early stage, instead of waiting for rival bids from potential investors, under ...
In line with the United Nations Commission on International Trade Law - Legislative Guide on Insolvency Law, India enacted ...
Dr Rao is currently teaching risk management in the institute of Insurance and Risk Management (IIRM). A career banker with Bank of Baroda, he held the position of General Manager - Strategic Planning ...
The overhauled IBC will also give property developers greater access to capital and lower funding costs, and help reduce project delays with a creditor-led, out-of-court insolvency route, experts said ...
The Committee of Creditors (CoC), which is a key decision making body under the Insolvency and Bankruptcy Code (IBC), should be subjected to an “enforceable” Code of Conduct, Rajeshwar Rao, Deputy ...
The finance minister on March 24, and thereafter on May 17, had announced that the Government of India intended to suspend the applicability of Section 7, 9 and 10 of the Insolvency and Bankruptcy ...