Bankruptcy Code Bill
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Monsoon Session: Centre To Introduce 24 Bills In Parliament
The Centre has listed 24 bills, including the Cantonment Bill, the Multi-State Cooperative Societies (Amendment) Bill and the Insolvency and Bankruptcy Code (Amendment) Bill, for introduction in the Monsoon Session of Parliament.
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Parliament Passes Insolvency And Bankruptcy Code Bill
Finance Minister Nirmala Sitharaman in her reply said, "I will ensure we are also working to fill the vacancies in the (NCLT) benches..So, I do not want you to worry about vacancies and causing any further delay."
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Parliament Amends Insolvency Law To Protect COVID-Hit Companies
Parliament on Monday approved the Insolvency and Bankruptcy Code (Second Amendment) Bill, 2020, whereby fresh insolvency proceedings will not be initiated for at least six months starting from March 25 in view of the coronavirus pandemic.
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Rajya Sabha Passes Amendment In Insolvency And Bankruptcy Code
The Rajya Sabha today passed the Insolvency and Bankruptcy Code (Second Amendment) Bill, 2020, whereby fresh insolvency proceedings will not be initiated for at least six months starting from March 25 amid the coronavirus pandemic.
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Parliament Passes Amendments To Insolvency And Bankruptcy Code Bill
Parliament today passed amendments to the insolvency law that will help ring-fence successful bidders of insolvent companies from risk of criminal proceedings for offences committed by previous promoters.
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Lok Sabha Passes Insolvency And Bankruptcy Code (2nd Amendment) Bill
Lok Sabha on Friday passed the Insolvency and Bankruptcy Code (Second Amendment) Bill amid noisy protests.
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Rajya Sabha Passes The Insolvency And Bankruptcy Code (Amendment) Bill
The Rajya Sabha on Monday approved amending the three-year-old Insolvency and Bankruptcy Code (IBC), providing clarity about preference to secured lenders over operational creditors and giving lenders explicit authority over distribution of proceeds of auction of loan defaulting companies.
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Nirmala Sitharaman Introduces Bill For Faster Resolution Of Bad Loans
The Government today introduced The Insolvency and Bankruptcy Code (Amendment) Bill 2019, that seeks to ensure timely completion of debt resolution process and provide more clarity on rights of stakeholders.
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5 Points On Bill To Amend Insolvency And Bankruptcy Code
A Bill to amend Insolvency and Bankruptcy Code, 2016, has been introduced in the Lok Sabha to bring relief to the home buyers and Micro, Small and Medium Enterprises or MSMEs. The Insolvency and Bankruptcy Code (Amendment) Ordinance will protect the buyers when builders declare bankruptcy for under-construction real estate projects. The Bill would ...
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Lok Sabha Passes Insolvency And Bankruptcy Code Amendment Bill
Loan defaulters can participate in bidding under the insolvency proceedings after paying due interest and making their bad loan accounts operational, Finance Minister Arun Jaitley said.
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Parliament Winter Session Day 9 Highlights: Around 98 Private Member Bills Introduced In Rajya Sabha
The winter session of the parliament entered day 9 following the passage of the -historic- triple talaq bill in the Lok Sabha on December 28th. The bill makes instant "triple talaq" a criminal offence and proposes a three-year jail term for a Muslim man who divorces his wife by uttering the word "talaq" thrice. The bill will now be tabled in the Ra...
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Rajya Sabha Passes New Bankruptcy Code To Take On Defaulters
Parliament today passed a bill that seeks to create time-bound processes for insolvency resolution of companies and individuals.
-
Government May Bring Laws on Aadhaar, Bankruptcy as Money Bills
The government is likely to introduce legislations on Aadhaar and bankruptcy code as money bills with a view to ensuring their smooth passage in Parliament. "We will bring as many legislation as possible in the form of Money Bills. We will follow the same procedure for the bankruptcy law," a senior Finance Ministry official said.
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India to Have New Bankruptcy Code Soon, Says PM Narendra Modi
India would soon have a new bankruptcy code to hasten pace of liquidation in stress cases, Prime Minister Narendra Modi said today.
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Monsoon Session: Centre To Introduce 24 Bills In Parliament
The Centre has listed 24 bills, including the Cantonment Bill, the Multi-State Cooperative Societies (Amendment) Bill and the Insolvency and Bankruptcy Code (Amendment) Bill, for introduction in the Monsoon Session of Parliament.
-
Parliament Passes Insolvency And Bankruptcy Code Bill
Finance Minister Nirmala Sitharaman in her reply said, "I will ensure we are also working to fill the vacancies in the (NCLT) benches..So, I do not want you to worry about vacancies and causing any further delay."
-
Parliament Amends Insolvency Law To Protect COVID-Hit Companies
Parliament on Monday approved the Insolvency and Bankruptcy Code (Second Amendment) Bill, 2020, whereby fresh insolvency proceedings will not be initiated for at least six months starting from March 25 in view of the coronavirus pandemic.
-
Rajya Sabha Passes Amendment In Insolvency And Bankruptcy Code
The Rajya Sabha today passed the Insolvency and Bankruptcy Code (Second Amendment) Bill, 2020, whereby fresh insolvency proceedings will not be initiated for at least six months starting from March 25 amid the coronavirus pandemic.
-
Parliament Passes Amendments To Insolvency And Bankruptcy Code Bill
Parliament today passed amendments to the insolvency law that will help ring-fence successful bidders of insolvent companies from risk of criminal proceedings for offences committed by previous promoters.
-
Lok Sabha Passes Insolvency And Bankruptcy Code (2nd Amendment) Bill
Lok Sabha on Friday passed the Insolvency and Bankruptcy Code (Second Amendment) Bill amid noisy protests.
-
Rajya Sabha Passes The Insolvency And Bankruptcy Code (Amendment) Bill
The Rajya Sabha on Monday approved amending the three-year-old Insolvency and Bankruptcy Code (IBC), providing clarity about preference to secured lenders over operational creditors and giving lenders explicit authority over distribution of proceeds of auction of loan defaulting companies.
-
Nirmala Sitharaman Introduces Bill For Faster Resolution Of Bad Loans
The Government today introduced The Insolvency and Bankruptcy Code (Amendment) Bill 2019, that seeks to ensure timely completion of debt resolution process and provide more clarity on rights of stakeholders.
-
5 Points On Bill To Amend Insolvency And Bankruptcy Code
A Bill to amend Insolvency and Bankruptcy Code, 2016, has been introduced in the Lok Sabha to bring relief to the home buyers and Micro, Small and Medium Enterprises or MSMEs. The Insolvency and Bankruptcy Code (Amendment) Ordinance will protect the buyers when builders declare bankruptcy for under-construction real estate projects. The Bill would ...
-
Lok Sabha Passes Insolvency And Bankruptcy Code Amendment Bill
Loan defaulters can participate in bidding under the insolvency proceedings after paying due interest and making their bad loan accounts operational, Finance Minister Arun Jaitley said.
-
Parliament Winter Session Day 9 Highlights: Around 98 Private Member Bills Introduced In Rajya Sabha
The winter session of the parliament entered day 9 following the passage of the -historic- triple talaq bill in the Lok Sabha on December 28th. The bill makes instant "triple talaq" a criminal offence and proposes a three-year jail term for a Muslim man who divorces his wife by uttering the word "talaq" thrice. The bill will now be tabled in the Ra...
-
Rajya Sabha Passes New Bankruptcy Code To Take On Defaulters
Parliament today passed a bill that seeks to create time-bound processes for insolvency resolution of companies and individuals.
-
Government May Bring Laws on Aadhaar, Bankruptcy as Money Bills
The government is likely to introduce legislations on Aadhaar and bankruptcy code as money bills with a view to ensuring their smooth passage in Parliament. "We will bring as many legislation as possible in the form of Money Bills. We will follow the same procedure for the bankruptcy law," a senior Finance Ministry official said.
-
India to Have New Bankruptcy Code Soon, Says PM Narendra Modi
India would soon have a new bankruptcy code to hasten pace of liquidation in stress cases, Prime Minister Narendra Modi said today.
