The new Insolvency and Bankruptcy Code Bill introduces a host of amendments to the existing insolvency and bankruptcy law. Here's a lowdown on key amendments in the insolvency and bankruptcy law. The ...
Union Finance Minister Nirmala Sitharaman introduced a Bill in the the Lok Sabha on Tuesday, 12 August, that allows creditors to start an insolvency process outside a court for genuine business ...
The government on Tuesday introduced amendments in the Insolvency and Bankruptcy Code focused around creditor-led resolution, cross-border insolvency and corporate group bankruptcy. Finance Minister ...
The recently amended Insolvency and Bankruptcy-related regulations, which allow part-wise resolution of Corporate Debtor and interim finance providers to attend Committee of Creditor meetings as ...
The proposed amendments will also streamline the CIRP by enabling the sale of assets as opposed to the sale of the company as a whole. Many of the changes to the Insolvency and Bankruptcy Code (IBC), ...
The Insolvency and Bankruptcy Code (IBC), introduced to address deficiencies in earlier laws like the Sick Industrial ...
NEW DELHI: The Insolvency and Bankruptcy Board of India has amended rules to allow distressed homebuyers to take possession of their properties while the resolution process is ongoing. The amendments, ...
On, August 2, 2017, the National Company Law Tribunal (NCLT) approved India’s first resolution plan, that of Synergies-Dooray Automotive Ltd, under the newly enacted Insolvency and Bankruptcy Code ...
The Centre on Tuesday tabled the Insolvency and Bankruptcy Code (Amendment) Bill, 2025 in the Lok Sabha. The objective of the bill is to insert certain new provisions for effective implementation of ...
Financial creditors have surpassed operational creditors in initiating insolvency proceedings since FY22. Operational ...
Finance Minister Nirmala Sitharaman introduced the Insolvency and Bankruptcy Code (Amendment) Bill, 2025' amid uproar by opposition members over their demand for debate on Special Intensive Revision ...
NEW DELHI: Insolvency board IBBI on Tuesday issued a discussion paper to provide clarity on various operational aspects including those related to coordinated resolution of interconnected entities and ...