CCI nod only after CoC: Govt working on amendments to insolvency lawThe government is planning to amend the Insolvency and Bankruptcy Code (IBC) to streamline the resolution process. A key change involves Se...
New registration of insolvency professionals on downhill trekRegistrations of new insolvency professionals have been steadily decreasing since 2017-18, causing challenges for authorities in resolving ...
Crack this code at liquidation, assets = 5% duesStressed companies under insolvency law have assets worth less than 5% of what they owe to lenders. As of September, 2,630 liquidation case...
IBBI tweaks norms to speed up insolvency resolution in housingThe IBBI has introduced amendments to the Insolvency Resolution Process for Corporate Persons, effective from September 24. These changes i...
Lenders hope to recover at least 50% of Go First dues by auctioning land parcelGo First Dues: Lenders will hold an auction of a land parcel measuring 94.7 acres at Thane in Mumbai on July 22. Lenders have stated that t...
MCA seeks inputs from shareholders to revamp IBC rulesIn a notice, the ministry also said it’s seeking to tweak the rules on the application to the adjudicating authority, the annual statement ...
Oil exploration contracts not to be covered under IBC moratoriumThe Indian government has exempted bankrupt petroleum firms' mining leases, exploration licences and production and revenue-sharing contrac...
Customised IBC resolutions for realty on the cardsIndia's government is planning to amend the Insolvency and Bankruptcy Code to enable bespoke resolutions for bankrupt residential real esta...
'Kabzaa' to hit theatres this year on March 17. Read hereThe highly anticipated multilingual gangster period drama directed by R Chandru, featuring Upendra in the lead and Sudeep in a vital role i...
How BJP was able to retain UttarakhandAnalysts attribute BJP’s win to a combination of factors, prominent among which is the party’s strong grass-roots level organisational netw...
Nirmala Sitharaman proposes faster resolution of bankrupt companies“Necessary amendments in the Code will be carried out to enhance the efficacy of the resolution process and facilitate cross border insolve...
NCLT approves Anil Agarwal's Twin Star Tech's Rs 3K cr bid for Videocon IndustriesVideocon Industries owes around Rs 31,000 crore to the banks, which also includes interests.
60 out of 70 Uttarakhand MLAs did not declare assets, AAP leader accusesAAP leader Anoop Nautiyal filed a complaint with the Election Commission, accusing 60 out of 70 members of the Uttarakhand Assembly.
Disclose details of companies with whom MoU signed: AAP to CM Harish RawatDissatisfied with Uttarakhand government's response, senior Aam Aadmi Party leader Anoop Nautiyal posed a series of counter questions to th...
Dehradun smart city: AAP sends video to PM Narendra Modi to oppose government proposalAAP also sent it to Uttarakhand Governor Krishna Kant Paul, Chief Minister Harish Rawat, Union Urban Development Minister M Venkaiah Naidu ...
AAP alleges Rs 3300 crore scam in UttarakhandThe state government was quick to respond saying no money transaction has taken place and there was no need for make a fuss.
UP Assembly Election 2012: Tough poll contest likely in SitapurIn Sitapur Sadar seat, SP's Radhey Shyam Jaiswal, who had completed a hat-trick of victories in 2007, is vying for a fourth term.