Insolvency And Bankruptcy Code 2016
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Lessors Have Applied For Deregistration Of 54 Go First Planes: Government
In a written reply to Rajya Sabha, Minister of State for Civil Aviation V K Singh said the Directorate General of Civil Aviation (DGCA) has received applications from lessors for the deregistration of a total number of 54 aircraft leased to Go First.
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Only 394 Insolvency Cases Resolved Under Bankruptcy Law In Five Years
Five years since the Corporate Insolvency Resolution Process under the Insolvency and Bankruptcy Code 2016 began, it has resolved only 394 cases.
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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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Opinion: Relief For Stressed Companies - Is It Sufficient?
In May 2016, the Insolvency and Bankruptcy Code, 2016 (IBC) was enacted to tackle issues faced by sick companies in the context of insolvency and winding up.
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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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'Dirty Dozen' Debtors Lure Big Funds To Their Bad Loans
PSU bank recapitalisation, as well as the new insolvency code that took effect in 2016, will help open the market for soured loans, say experts.
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Bankers Bet On IBC, NCLT Process To Solve Bad Loans Problem
"The Insolvency and Bankruptcy Code, 2016 is a game-changer," State Bank of India's Managing Director (National Banking Group), Rajnish Kumar said.
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Cabinet Clears Bill To Deal With Crisis In Banks, Insurers
The government has recently enacted the Insolvency and Bankruptcy Code, 2016 for the insolvency resolution of non-financial entities.
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Defaulters Beware, Banking Act Amended In Fight Against Bad Loans
The ordinance authorises the Reserve Bank to issue directions to any banking company or banking companies to initiate insolvency resolution process in respect of a default under the provisions of the Insolvency and Bankruptcy Code (IBC), 2016.
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Government Begins Search For Bankruptcy Board Chief
Government has started the search process for the chairperson and three whole-time members of the Insolvency and Bankruptcy Board as it moves towards the implementation of a new law to make debt recovery process more effective.
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India Passes Bankruptcy Law In Long-Awaited Reform
India has overhauled its archaic bankruptcy laws in a key reform that will make it vastly easier to wind down companies and help banks to recover bad loans.
-
Lessors Have Applied For Deregistration Of 54 Go First Planes: Government
In a written reply to Rajya Sabha, Minister of State for Civil Aviation V K Singh said the Directorate General of Civil Aviation (DGCA) has received applications from lessors for the deregistration of a total number of 54 aircraft leased to Go First.
-
Only 394 Insolvency Cases Resolved Under Bankruptcy Law In Five Years
Five years since the Corporate Insolvency Resolution Process under the Insolvency and Bankruptcy Code 2016 began, it has resolved only 394 cases.
-
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...
-
Opinion: Relief For Stressed Companies - Is It Sufficient?
In May 2016, the Insolvency and Bankruptcy Code, 2016 (IBC) was enacted to tackle issues faced by sick companies in the context of insolvency and winding up.
-
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 ...
-
'Dirty Dozen' Debtors Lure Big Funds To Their Bad Loans
PSU bank recapitalisation, as well as the new insolvency code that took effect in 2016, will help open the market for soured loans, say experts.
-
Bankers Bet On IBC, NCLT Process To Solve Bad Loans Problem
"The Insolvency and Bankruptcy Code, 2016 is a game-changer," State Bank of India's Managing Director (National Banking Group), Rajnish Kumar said.
-
Cabinet Clears Bill To Deal With Crisis In Banks, Insurers
The government has recently enacted the Insolvency and Bankruptcy Code, 2016 for the insolvency resolution of non-financial entities.
-
Defaulters Beware, Banking Act Amended In Fight Against Bad Loans
The ordinance authorises the Reserve Bank to issue directions to any banking company or banking companies to initiate insolvency resolution process in respect of a default under the provisions of the Insolvency and Bankruptcy Code (IBC), 2016.
-
Government Begins Search For Bankruptcy Board Chief
Government has started the search process for the chairperson and three whole-time members of the Insolvency and Bankruptcy Board as it moves towards the implementation of a new law to make debt recovery process more effective.
-
India Passes Bankruptcy Law In Long-Awaited Reform
India has overhauled its archaic bankruptcy laws in a key reform that will make it vastly easier to wind down companies and help banks to recover bad loans.
