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BANKRUPTCY GUIDELINES
IBBI streamlines rules on information utilities to expedite bankruptcy resolutionThe bankruptcy regulator has introduced new rules for information utilities (IUs) to enhance their operational efficiency and expediate ins...29 Jan, 2025, 09.26 PM IST- IBBI issues guidelines for creditors in insolvency processThe Insolvency and Bankruptcy Board of India (IBBI) has issued new 15-point guidelines for the Committee of Creditors (CoC) to improve the ...07 Aug, 2024, 07.35 PM IST
- IBBI issues new guidelines to streamline process of appointing IPs as resolution professionalsThe Insolvency and Bankruptcy Board of India (IBBI) issues new guidelines to streamline the appointment of insolvency professionals (IPs) a...07 Jun, 2024, 12.01 AM IST
- Delhi High Court directs Insolvency and Bankruptcy Board of India to finalise CoC guidelines in three monthsThe finalisation of the guidelines should be done without diluting the sanctity of the "commercial wisdom" of the committee of creditors an...12 Feb, 2024, 09.21 PM IST
- IBBI prepares list of 400 insolvency professionals for easy pickingsIn a first for the country's bankruptcy resolution regime, the insolvency regulator has prepared a "common panel" of 400 insolvency profess...28 Jun, 2023, 12.33 AM IST
- Tax tribunal asks CBIC to issue rules for cases Under IBCThe CESTAT said that in the absence of any guideline, departmental representatives are unaware as to what stand is to be taken in such case...28 Oct, 2022, 12.57 AM IST
- Tax appellate tribunal asks CBIC to frame norms for tax recovery in insolvency casesKPMG Tax Partner Abhishek Jain said the insolvency and bankruptcy law in India overrides any other law and stipulates that recovery proceed...27 Oct, 2022, 07.28 PM IST
- Delhi HC asks Govt, Finance Ministry and RBI to consider parity between IBC and Sarfaesi ActAccording to the Sarfaesi Act, asset reconstruction companies that take over stressed assets from lenders cannot infuse equity into an inso...19 Mar, 2021, 12.03 PM IST
- Delhi High Court stays RBI's show cause notice to UVARCLThe Delhi High Court on Friday stayed a Reserve Bank of India notice warning of possible cancellation of UV Asset Reconstruction Company Lt...27 Nov, 2020, 10.56 PM IST
- NCLT okays start of Lanco Amarkantak bankruptcy processPower co pleaded that proceedings were under RBI norms invalidated by Supreme Court.14 Sep, 2019, 08.03 AM IST
- RBI allows cheaper funds for corporate bidders under IBCRBI said bidding companies can now raise foreign currency funds through foreign banks abroad and use these proceeds to repay the bank debt ...07 Feb, 2019, 12.23 PM IST
- ‘Dirty dozen’ bankruptcy cases to be resolved in current fiscal: SBIThe ‘dirty dozen’ refers to 12 of the largest defaulters in corporate India against which banks have been asked to initiate bankruptcy proc...29 Oct, 2018, 10.19 AM IST
- Power companies seek more time for debt resolutionA recent RBI circular stipulates that a one-day default in debt servicing would require reporting it to the central bank and implementation...11 Apr, 2018, 11.15 PM IST
- Binani cement bankruptcy proceedings: Dalmia seeks CVC’s interventionIn a letter to the CVC, the New Delhi-based cement maker wanted the commission to examine the matter and pass suitable guidelines in public...10 Apr, 2018, 03.56 PM IST
- Aircel first to file for bankruptcy under RBI’s new normsThe telecom company on Wednesday indicated that the decision by the RBI to do away with the various restructuring schemes triggered its mov...01 Mar, 2018, 07.46 AM IST
- IBBI issues guidelines for tech standards for info utilitiesGuidelines have been issued for registration of users, unique identifier for each record as well as user, and security of the system as wel...14 Dec, 2017, 06.14 PM IST
- Sebi norms for insolvency resolution professionals soon: Tyagiimplemented better.The market watchdog is jointly working with the Insolvency & Bankruptcy Board to address the issue and the new guideline...17 Nov, 2017, 03.40 PM IST
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