Corporate Affairs Secretary Deepti Gaur Mukerjee emphasized the need for a self-regulating mechanism for insolvency ...
The Insolvency and Bankruptcy Code in India aids banks in reducing non-performing assets by enforcing a robust framework for ...
We collaborate with the world's leading lawyers to deliver news tailored for you. Sign Up for any (or all) of our 25+ Newsletters. Some states have laws and ethical rules regarding solicitation and ...
Nine years ago, India’s insolvency system was clogged with delays, uncertainty, and weak creditor rights. Defaults often dragged on for years, and liquidation was the norm. The Insolvency and ...
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 ...
It is welcome that the government has brought in a bill to amend the Insolvency and Bankruptcy Code (IBC) of 2016. It is equally welcome that the bill in Parliament has been referred right away to a ...
The Deputy Governor of the Reserve Bank of India, M Rajeshwar Rao pitched for an enforceable code of conduct for the ...
We collaborate with the world's leading lawyers to deliver news tailored for you. Sign Up for any (or all) of our 25+ Newsletters. Some states have laws and ethical rules regarding solicitation and ...
As per a recent CRISIL report, the key challenge faced in debt resolutions under IBC has been the high backlog of cases at the NCLT. (Freepik) A final decision on the changes to be made to the ...
Finance Minister Nirmala Sitharaman has proposed an "out-of-court initiation mechanism" for genuine business failures in the Insolvency and Bankruptcy Code (Amendment) Bill, 2025. The main objective ...