Ibc Amendment
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Rules Amended For Faster Redressal Of Grievances Against Insolvency Professionals
Insolvency and Bankruptcy Board of India (IBBI) has amended rules pertaining to redressal of grievances filed against insolvency professionals
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Government Seeks Views On Proposed Changes In Insolvency Law
Government has invited comments on various amendments proposed to the insolvency law, like time period for approval of resolution plans
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Centre Introduces Bill To Help Pandemic-Hit Small Enterprises
The Centre on Monday introduced a bill in Lok Sabha for providing a resolution process for financially stressed micro, small and medium enterprises.
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Court Seeks Centre's Response On Plea Against Suspension Of Insolvency Laws
Centre had suspended insolvency proceedings for default in payments for a period of six months, starting 25 March
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Cabinet Approves Ordinance For Amendment To IBC
"Under the amendments, the liability of a corporate debtor for an offence committed prior to the commencement of the corporate insolvency resolution process shall cease, and the corporate debtor shall not be prosecuted for such an offence from the date the resolution plan has been approved by the adjudicating authority," an official statement said.
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Cabinet Clears Ordinance To Further Amend Insolvency Law
The bill, introduced in the Lok Sabha, seeks to remove bottlenecks and streamline the corporate insolvency resolution process, wherein successful bidders will be ring-fenced from any risk of criminal proceedings for offences committed by previous promoters of the companies concerned.
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10 Things To Know About Latest Amendments To Insolvency And Bankruptcy Code (IBC)
The Union cabinet, chaired by Prime Minister Narendra Modi, on Wednesday cleared amendments to the Insolvency and Bankruptcy Code (IBC) to ease the insolvency resolution process and promote ease of doing business. Aimed at streamlining of the insolvency resolution process, the IBC Amendment Bill seeks to protect last-mile funding and boost investme...
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Essar Steel Operational Creditors To Challenge New Amendments In Insolvency Law
Essar Steel was auctioned under the new IBC to recover Rs 54,547 crore of unpaid dues of financial lenders and operational creditors.
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Lok Sabha Passes Amendments To Insolvency And Bankruptcy Code
Lok Sabha on Thursday passed amendments to the Insolvency and Bankruptcy Code, with the government asserting that the spirit behind the law is not to allow companies to die.
-
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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Proposed Insolvency Law Amendments Credit Positive For Banks: Moody's
The Union cabinet had, on July 18, approved proposed amendments to the Insolvency and Bankruptcy Code (IBC)
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Opinion: Government's Plan To Change Bankruptcy Law Bold And Necessary
On Wednesday, the government said it would amend the 2016 insolvency law, a signature reform of Prime Minister Narendra Modi's first term. Investors will cheer.
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Centre Gives Nod To Amendments In Insolvency Law, Resolution Timeframe Increased
Experts said the changes would help in clearing various road blocks for resolution process and smoothen the process as well as save time
-
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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President Clears IBC Ordinance: Home Buyers To Find It Easier To Recover Dues From Developers
In a big step to protect home-buyers, changes to the Insolvency and Bankruptcy Code (IBC) will come into force with President Ram Nath Kovind signing off on the government's ordinance or special order. The Insolvency and Bankruptcy Code (Amendment) Ordinance aims at saving the buyers when builders declare bankruptcy in the middle of a real estate p...
-
Rules Amended For Faster Redressal Of Grievances Against Insolvency Professionals
Insolvency and Bankruptcy Board of India (IBBI) has amended rules pertaining to redressal of grievances filed against insolvency professionals
-
Government Seeks Views On Proposed Changes In Insolvency Law
Government has invited comments on various amendments proposed to the insolvency law, like time period for approval of resolution plans
-
Centre Introduces Bill To Help Pandemic-Hit Small Enterprises
The Centre on Monday introduced a bill in Lok Sabha for providing a resolution process for financially stressed micro, small and medium enterprises.
-
Court Seeks Centre's Response On Plea Against Suspension Of Insolvency Laws
Centre had suspended insolvency proceedings for default in payments for a period of six months, starting 25 March
-
Cabinet Approves Ordinance For Amendment To IBC
"Under the amendments, the liability of a corporate debtor for an offence committed prior to the commencement of the corporate insolvency resolution process shall cease, and the corporate debtor shall not be prosecuted for such an offence from the date the resolution plan has been approved by the adjudicating authority," an official statement said.
-
Cabinet Clears Ordinance To Further Amend Insolvency Law
The bill, introduced in the Lok Sabha, seeks to remove bottlenecks and streamline the corporate insolvency resolution process, wherein successful bidders will be ring-fenced from any risk of criminal proceedings for offences committed by previous promoters of the companies concerned.
-
10 Things To Know About Latest Amendments To Insolvency And Bankruptcy Code (IBC)
The Union cabinet, chaired by Prime Minister Narendra Modi, on Wednesday cleared amendments to the Insolvency and Bankruptcy Code (IBC) to ease the insolvency resolution process and promote ease of doing business. Aimed at streamlining of the insolvency resolution process, the IBC Amendment Bill seeks to protect last-mile funding and boost investme...
-
Essar Steel Operational Creditors To Challenge New Amendments In Insolvency Law
Essar Steel was auctioned under the new IBC to recover Rs 54,547 crore of unpaid dues of financial lenders and operational creditors.
-
Lok Sabha Passes Amendments To Insolvency And Bankruptcy Code
Lok Sabha on Thursday passed amendments to the Insolvency and Bankruptcy Code, with the government asserting that the spirit behind the law is not to allow companies to die.
-
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.
-
Proposed Insolvency Law Amendments Credit Positive For Banks: Moody's
The Union cabinet had, on July 18, approved proposed amendments to the Insolvency and Bankruptcy Code (IBC)
-
Opinion: Government's Plan To Change Bankruptcy Law Bold And Necessary
On Wednesday, the government said it would amend the 2016 insolvency law, a signature reform of Prime Minister Narendra Modi's first term. Investors will cheer.
-
Centre Gives Nod To Amendments In Insolvency Law, Resolution Timeframe Increased
Experts said the changes would help in clearing various road blocks for resolution process and smoothen the process as well as save time
-
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 ...
-
President Clears IBC Ordinance: Home Buyers To Find It Easier To Recover Dues From Developers
In a big step to protect home-buyers, changes to the Insolvency and Bankruptcy Code (IBC) will come into force with President Ram Nath Kovind signing off on the government's ordinance or special order. The Insolvency and Bankruptcy Code (Amendment) Ordinance aims at saving the buyers when builders declare bankruptcy in the middle of a real estate p...
