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IBBI CHIEF
Supreme Court flags NCLT delaysThe Supreme Court has taken suo motu cognisance of the grim situation at NCLT benches. Delays in approving resolution plans are causing sig...- Cos can look at voluntary insolvency process to increase productivity, maximise value: IBBI chiefIBBI Chief Ravi Mital highlights the need for companies in India to utilize the insolvency law more effectively, encouraging voluntary inso...
- Govt appoints Vaibhav Chaturvedi as RBI representative on IBBI boardVaibhav Chaturvedi, Chief General Manager of the Reserve Bank of India (RBI), has been appointed as an ex-officio member of the Insolvency ...
- IBBI chief asks insolvency professionals to be as transparent as possibleIBBI Chairperson Ravi Mital urged insolvency professionals to maintain transparency during the resolution process to enhance bids and minim...
- Ensure transparency, faster resolution under IBC for better recovery: IBBI chiefThe Insolvency and Bankruptcy Board of India (IBBI) is a key institution in implementing the IBC, which came into force in 2016. Mital aske...
- Insolvency resolution requires innovation; over regulation is not a solution: IBBI chief Ravi MitalWhile acknowledging that the IBC has issues related to delays and haircuts, among other things, Mital said the Insolvency and Bankruptcy Bo...
- 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.
- There should not be any stigma attached to genuine business failure: IBBI chiefSpeaking at an event organised by the Insolvency and Bankruptcy Board of India (IBBI) as part of the Azadi ka Amrit Mahotsav, Mittal said i...
- Ravi Mittal, former secretary, department of sports, likely to head IBBIRavi Mittal, former secretary department of sports is appointed as the chairman of Insolvency and Bankruptcy Board of India (IBBI), accordi...
- IBBI chief calls for framework to assess working of India's insolvency lawInsolvency and Bankruptcy Board of India (IBBI) chairperson MS Sahoo on Thursday pitched for a comprehensive and objective framework to ass...
- Need objective assessment of working of insolvency law: IBBI chiefHis remarks come against the backdrop of diverse views being expressed on the overall impact of the Insolvency and Bankruptcy Code (IBC), w...
- IBBI will strive for 'malleable regulatory framework' within confines of insolvency law: MS SahooThe Insolvency and Bankruptcy Board of India (IBBI) has adapted itself to the new environment in the wake of the coronavirus pandemic and w...
- Recovery through insolvency process better compared to other options: IBBI chief M S SahooThe Insolvency and Bankruptcy Code (IBC), which came into effect in 2016, provides for a time-bound and market-linked resolution of stresse...
- Challenges have made insolvency law stronger, says IBBI chiefThe Insolvency and Bankruptcy Board of India chief M S Sahoo said that prompt corrective actions have been taken for the insolvency law (IB...
- Dangerous to let viable companies close down: IBBI chiefThe Insolvency and Bankruptcy Board of India (IBBI) Chairperson also noted that CoCs must provide all relevant information to resolution ap...
- Individual bankruptcy norms in the works: IBBI Chief“The work is progressing, but I cannot comment on any timeline,” said Sahoo.
- 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.
- Don't look for ready-made solutions: IBBI chief to insolvency professionalsIBBI Chairperson M S Sahoo's remarks come against the backdrop of concerns about the conduct and independence of insolvency professionals i...
- Bar on wilful defaulters not a moral issue, says IBBI chiefHis comments come against the backdrop of the government barring wilful defaulters from bidding for stressed assets under the Insolvency an...
- Individual insolvency norms a priority, says IBBI ChairmanIn one year of existence, the Insolvency and Bankruptcy Board of India has already put in place the infrastructure ecosystem and now has ov...
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