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The Insolvency and Bankruptcy Code (IBC) has significantly impacted stressed debt resolution in India, directly resolving ...
Mumbai: Nine years after the launch of the Insolvency and Bankruptcy Code (IBC), India has managed to resolve debt worth more ...
Close to the end of IBC's first decade, the timeline for Corporate Insolvency Resolution Process (CIRP) resolution continues ...
Indore (Madhya Pradesh): The Supreme Court on Tuesday expressed concern over irregularities in the appointment and posting of members to the National Company Law Tribunal (NCLT) benches across India, ...
SBI has classified Reliance Communications and Anil Ambani as ‘fraud’ again and preparing a CBI complaint, Parliament was ...
JSW Steel is looking to fast track its proposed greenfield project at Paradip in Odisha that will help it to achieve its 50 ...
IBC drives Rs 26 lakh crore debt resolution since 2016, with highest recovery rate among mechanisms, Crisil reports.
The bank has also initiated Personal Insolvency Resolution Process under IBC against Anil Ambani and the same is being heard by NCLT, Mumbai, Minister of State for Finance, Pankaj Chaudhary, said.
Data shows that the average recovery under the IBC has been 30-35 per cent, which is much higher than 22 per cent under SARFAESI, 7 per cent under DRT, and just 3 per cent through Lok Adalats ...
The petition, filed under Section 95 (1) of the Insolvency and Bankruptcy Code (IBC), 2016, pertained to a default amounting ...
The Supreme Court today directed the Union government to examine the manner of posting of Judicial and Technical members to National Company Law Tribunal (NCLT) benches across the country, expressing ...
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