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IBBI CHANGES NORMS
IBBI moves to tweak Bankruptcy Code for speedier resolutionsThis would benefit creditors in long-running cases like KSK Mahanadi, under CIRP since October 2019. IBBI has asked stakeholders to submit ...06 Feb, 2025, 06.15 AM IST- Insolvency board issues discussion paper to streamline corporate resolution processIBBI issues a discussion paper proposing amendments to improve insolvency resolution processes, including coordinated resolution of interco...04 Feb, 2025, 10.44 PM IST
- IBBI amends technical standards for information utilities rulesThe Insolvency and Bankruptcy Board of India (IBBI) has tightened norms for information utilities to improve identity verification and stre...30 Jan, 2025, 08.23 PM IST
- Sebi moots relaxation in valuation norms for alternative investment fundCapital markets regulator Sebi on Thursday proposed providing relaxation on the framework pertaining to valuation of investment portfolio o...24 May, 2024, 06.10 PM IST
- IBBI amends norms related to insolvency resolution process for personal guarantorsIBBI has made amendments to the insolvency resolution process for personal guarantors and voluntary liquidation process. The changes remove...06 Feb, 2024, 06.39 PM IST
- Guidelines relaxed for naming IDBI Bank valuerET had reported on September 7 that the government's request for proposal (RFP) to appoint an asset valuer for IDBI Bank had made it mandat...14 Oct, 2023, 09.24 AM IST
- IBBI changes its norms to simplify registration of IPsThrough the latest changes, the IBBI has introduced a common application form for both enrolment and registration processes. It has also se...21 Sep, 2023, 12.46 AM IST
- 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...02 Jun, 2022, 11.30 PM IST
- IBBI proposes revised norms to ensure time-bound enforcement mechanismVarious amendments have been mooted by the IBBI, a key institution in implementing the Insolvency and Bankruptcy Code (IBC), with respect t...01 Apr, 2022, 04.30 PM IST
- 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...31 Aug, 2021, 07.17 AM IST
- Changes in IBBI norms to prevent backdoor entry of ex-promoters in cos under liquidation: ExpertsNow, those who were ineligible are barred from being part of any arrangement at the stage of liquidation.12 Jan, 2020, 04.03 PM IST
- Take realistic view of loan losses: Govt tells banks"The haircut has to be seen from the enterprise value angle and not from the claims angle," said Injeti Srinivas, Secretary, Ministry of Co...18 Aug, 2018, 09.42 PM IST
- IBBI keeps a 'vigilant eye' on conduct of insolvency professionals: M S SahooThe IBBI chief's comments come against the backdrop of concerns expressed about the conduct of such professionals in certain cases.10 Jun, 2018, 01.43 PM IST
- IBC panel recommends changes to revamp insolvency resolution processThe panel has recommended changes to the insolvency resolution framework to make it flexible for Resolution Professionals to raise interim ...04 Apr, 2018, 12.10 AM IST
- Sebi may ease takeover rules for stressed companiesThe committee comprises insolvency professionals, representatives of stock exchanges, Sebi, IBBI and other stakeholders.24 Nov, 2017, 09.43 AM IST
- Insolvency code tweaked to firewall dubious promotersThis suggests that promoters of 11 of the loan default cases referred by the RBI for resolution may not be able to bid for their companies ...23 Nov, 2017, 12.14 AM IST
- IBBI puts in place strict norms for resolution plan approvalThe amendments related to the corporate persons resolution process has been made amid rising number of cases being filed under the insolven...07 Nov, 2017, 10.41 PM IST
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