The Insolvency and Bankruptcy Board of India plans to limit the number of cases an insolvency professional can handle. This aims to improve...

The Insolvency and Bankruptcy Board of India has amended corporate insolvency regulations. Resolution professionals can now invite interest...

This would benefit creditors in long-running cases like KSK Mahanadi, under CIRP since October 2019. IBBI has asked stakeholders to submit ...

IBBI issues a discussion paper proposing amendments to improve insolvency resolution processes, including coordinated resolution of interco...

The Insolvency and Bankruptcy Board of India (IBBI) has put forward changes to liquidation rules, aiming to make the process smoother. Thes...

The Insolvency Bankruptcy Board of India (IBBI) has proposed changes to the corporate insolvency resolution process (CIRP) forms and compli...

The Insolvency and Bankruptcy Code (IBC), introduced in December 2016, provides for a time-bound and market-linked resolution of stressed a...

The directive comes after some financial services providers are observed to have “commenced the voluntary liquidation process without notif...

IBBI has made amendments to the insolvency resolution process for personal guarantors and voluntary liquidation process. The changes remove...

Amid rising real estate prices, concerns loom for home buyers fearing builder bankruptcy and legal woes, reminiscent of cases like Jaypee, ...

Through the latest changes, the IBBI has introduced a common application form for both enrolment and registration processes. It has also se...

While acknowledging that the IBC has issues related to delays and haircuts, among other things, Mital said the Insolvency and Bankruptcy Bo...

This shall aid in further enhancing the freedom of exit for investors as part of the government efforts to enhance ease of doing business, ...

With the amendments, a liquidator has to deposit unclaimed dividends and undistributed proceeds in a liquidation process along with any inc...

Minister of State for Corporate Affairs P P Chaudhary said the IBC is the first major step in a long journey to building a credit market in...

A working committee of insolvency professionals had submitted its recommendations on proposed regulations to IBBI more than a month ago.

Personal guarantors who may have escaped action in the NCLT process will no longer be immune. Their assets may now be encashed and used for...