Insolvency and Bankruptcy Code
IBBI Upholds Resolution Professionals' Independence Under Pre-pack Schemes
Banking - Published date: .
In regulations issued on the Ordinance on pre-pack resolution, the IBBI said an insolvency professional can be appointed... Read more
Banks Vote In Favour Of Piramal Offer For DHFL, See Holes In Oaktree Bid
Banking - Published date: .
With this Piramal succeeds in getting the requisite 66 per cent voting, says source Read more
Successful Resolution Applicants Cannot Be Allowed To Withdraw Offer: NCLAT
Banking - Published date: .
A three-member NCLAT bench said the sanctity of resolution process has to be maintained and such withdrawal by a success... Read more
Supreme Court Rejects SBI Plea For Resuming IBC Case Against Anil Ambani
Banking - Published date: .
The case is among the first high-profile ones after rules were set for personal bankruptcy last year Read more
NCLAT Upholds NCLT Order To Initiate Insolvency Against Meenakshi Energy
Banking - Published date: .
A three-member bench has dismissed the plea filed by its director and its shareholder India Power Corporation Ltd observ... Read more
Suspension Of Some IBC Provisions Aimed At Rescuing Viable Companies: Sahoo
Banking - Published date: .
IBBI said that some IBC provisions were suspended due to the Covid-19 situation and there is no complete ban or prohibit... Read more
India Inc Gets IBC Breather For Six Months Amid Coronavirus Outbreak
Banking - Published date: .
Section 7 of the Code enables financial creditors to start insolvency proceedings against a company, while section 9 giv... Read more
Govt To Suspend Up To 1-year IBC Provisions That Trigger Insolvency Cases
Banking - Published date: .
The sources said an ordinance would be promulgated to suspend three sections of IBC for up to one year and a decision in... Read more