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IBBI CHAIR
Need reforms for higher recoveries and speedier resolutions in IBC: IBBI ChairJayanti Prasad emphasized the need for reforms in India's debt resolution framework to improve realizations and safeguards. Justice Anupind...- Supertech insolvency: NCLAT raises concern over delay in appointing IRP, slippage on deadlineConcerns have been raised by the NCLAT regarding NBCC's significant delays in the construction of Supertech projects, while criticism mount...
- RBI panel on financial stability reviews US tariff impact, financial inclusion effortsThe Financial Stability and Development Council convened to address potential economic challenges arising from US tariffs and geopolitical ...
- NARCL has acquired 22 accounts with an exposure of Rs 95,711 crThe secretary, department of financial services (DFS), M. Nagaraju, chaired review meetings Thursday with stakeholders, including represent...
- IBBI suggests monitoring panel to oversee resolution planIndia's Insolvency and Bankruptcy Board (IBBI) is proposing mandatory monitoring committees to oversee the execution of resolution plans un...
- IBC's sheen must not be lost, says Nirmala SitharamanShe added that "we cannot have stress signals go unnoticed" when discussing the Code's six-year history and the route forward.
- Expert panel pitches for national dashboard for insolvency dataThe Insolvency and Bankruptcy Code (IBC), which provides for a time-bound and market-linked resolution of stressed assets, has been in forc...
- Govt weighs 2 options for pre-pack IBC resolutionThe move was aimed at quickening the pace of insolvency resolution while reducing the burden on the NCLT since prepacks will be decided out...
- FSDC sub-committee resolves to do whatever it takes to revive economyThe sub committee resolved that it will do whatever is necessary to revive the economy and preserve financial stability.
- All regulators to do whatever necessary to revive economy: RBI sub-committeeThe sub-committee reviewed the major developments in the global and domestic economy.
- Mohandas Pai to chair IBBI advisory committee on service providersBharti Infratel Chairman Akhil Gupta, Raksha Shakti University Director General Bimal N Patel, CSB Bank MD and CEO Chinna Veerappan Rajendr...
- FSDC reviews role of credit rating firms, stressed asset market developmentThe FSDC sub-committee chaired by RBI Governor Das also discussed issues related to financial frauds.
- FSDC panel to take stock of economyThe meeting comes at an important time as the government and Mint Road grapple with NBFC crisis.
- Govt sets up panel to review Competition ActThe committee would submit its report within three months from the date of its first meeting.
- Insolvency Board to consider cross-border normsCross-border insolvency is on top of the agenda. The authorities are keen to make that happen as there is no provision under the IBC for it...
- 12 large NPA cases yet to come before IBBI: Chairman MS SahooThe Reserve Bank of India's internal advisory committee had last week sent the list of 12 accounts to bankers for immediate reference under...
- Insolvency and Bankruptcy Board sets up two advisory panelsThe nine-member advisory committee on service providers is headed by educationist Mohandas Pai while the panel on corporate insolvency and ...
- Insolvency and Bankruptcy Board notifies regulationsMoving ahead with implementation of the Code, two sets of regulations have been notified by the Insolvency and Bankruptcy Board of India (I...
- Bankruptcy & Insolvency law may be operational by year end: Shaktikanta DasThe board will have 10 members. Apart from the chairman, currently there are four government-nominated members and the rest are expected to...
- Government issues more draft norms under bankruptcy codeLast week, the ministry issued draft regulations pertaining to registration of insolvency professionals, agencies and model bye-laws.
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