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CODE OF CONDUCT FOR COC
Vedanta's plea indirectly challenges commercial wisdom of CoC: Adani to NCLATAdani Enterprises told NCLAT the Jaiprakash Associates resolution process followed due procedure, with evaluation metrics disclosed upfront...
Supreme Court upholds JSW Steel’s Rs 19,700 crore takeover of BPSL, rejects challenges by former promotersThe Supreme Court upheld JSW Steel's ₹19,700-crore resolution plan for Bhushan Power and Steel, affirming the commercial wisdom of the Comm...
IBC rules under review after scrapping of JSW Steel's BPSL acquisitionIndia is examining its insolvency rules after a Supreme Court ruling. The review focuses on adherence to processes and timelines by stakeho...
IBC under scrutiny: RBI's Rao urges better oversight for creditors’ committeesRBI Deputy Governor M Rajeshwar Rao advocated for a mandatory code of conduct for the Committee of Creditors (CoC) in insolvency resolution...
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...
Banks against code of conduct for committee of creditorsLenders believe a code of conduct for the committee of creditors (CoC), proposed by the insolvency and bankruptcy regulator, may limit thei...
Streamline insolvency resolution with codeA more balanced committee of creditors that includes operational creditors, giving voting rights in proportion to their due amounts, is nee...
IBC: There's a need to bring necessary balance in the CoC’s compositionIn the overall IBC scheme of insolvency resolution, the CoC has a pivotal role. The robustness of the resolution plan hinges upon the integ...
IBC may come up in Budget session for faster resolution, cross-border normsThe proposed legislative changes also include a code of conduct for the committee of creditors (CoC) that decides on insolvency resolution ...
Govt averse to insolvency board regulating CoCThe regulator had intended to take up the proposal in the upcoming board meeting slated for December 24, but it is unlikely to be part of t...
IBBI proposes code of conduct for transparent working of committee of creditorsThe discussion paper related to CIRP, released on Friday, is focused on three issues — code of conduct for committee of creditors (CoC), re...
Insolvency Board proposes amends in liquidation process, increases transparencyThe proposed amendments include capping revisions on bids to two times, banning unsolicited bids and empowering the Committee of Creditors ...
IBBI proposes code of conduct for committee of creditors; seeks public commentsThe discussion paper related to CIRP is focused on three issues -- code of conduct for committee of creditors (CoC); restrictions on reques...
Message to China: CoC on SCS should not prejudice legitimate interests of othersIn a series of tweets following the meet, Jaishankar said, “Stressed that Code of Conduct on South China Sea should be fully consistent wit...
Committee of creditors turns down RP's advice to revive 5 Nithin Group firmsThe CoC approached the National Company Law Tribunal’s Amaravati bench favouring liquidation of assets of Tirupati-based Nithin Group of co...
IBBI plans a best practice Code for Committee of creditorsIndian Institute of Insolvency Professionals of ICAI (IIIPI) has submitted a report to IBBI, which is said to be in discussion with various...
India seeks early clarity on Line of Actual ControlChina pushed India to agree for a CoC, which it proposed for implementation along the disputed border and for adherence by both the nations...