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IBBI DISCUSSION PAPER
Faster insolvency process proposed with creditor-led resolution frameworkA new Creditor-initiated Insolvency Resolution Process (CIIRP) aims to expedite debt resolution, allowing financial creditors with 51% debt...
Insolvency board proposes rule to reveal beneficial owners behind bids for bankrupt firmsThe Insolvency and Bankruptcy Board of India (IBBI) has proposed mandatory disclosure of beneficial ownership by bidders for bankrupt firms...
IBBI proposes cap on assignments for insolvency professionals to curb delaysThe Insolvency and Bankruptcy Board of India plans to limit the number of cases an insolvency professional can handle. This aims to improve...
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...
IBBI proposes to expedite flat ownership transfers in insolvent projectsThe Insolvency and Bankruptcy Board of India (IBBI) has put forth a proposal that could expedite the resolution process for stressed real e...
IBBI moots mediation between operational creditors & stressed companiesThe Insolvency and Bankruptcy Board of India (IBBI) has proposed a new rule that would give operational creditors of stressed companies the...
IBBI proposes amendments to insolvency rules; seeks public commentsIBBI proposes amendments to enhance efficiency and reduce costs in the Insolvency Resolution Process for Corporates, seeking stakeholder in...
IBBI seeks to tighten the noose around guarantors of bankrupt firmsThe Insolvency and Bankruptcy Board of India (IBBI) has proposed changes in the resolution plan process to hold guarantors accountable, fol...
IBBI proposes compliance procedures for IPs, seeks stakeholder feedbackThe Insolvency Bankruptcy Board of India (IBBI) has proposed changes to the corporate insolvency resolution process (CIRP) forms and compli...
With India's new rules, home buyers will get much-needed relief and assuranceAmid rising real estate prices, concerns loom for home buyers fearing builder bankruptcy and legal woes, reminiscent of cases like Jaypee, ...
IBBI discussion paper: Two-part resolution plan to ensure swift takeover of a stressed firm by the winning bidderIn a discussion paper, the Insolvency and Bankruptcy Board of India (IBBI) has said the first part of the proposed rescue deal will enable ...
IBBI proposes tweaks in rules to reduce delays in corporate insolvency processIn the 10-page discussion paper, the insolvency regulator has proposed to impose an obligation on the committee of creditors (COC) to share...
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...
IBBI plans to reduce timelines under voluntary liquidation process"The proposed amendments by curtailing the unwarranted time spent on various activities aim to ensure early completion of voluntary liquida...
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...
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...
IBBI proposes to limit cases with insolvency professionalsThe IBBI's discussion paper said that the processes under the Insolvency and Bankruptcy Code (IBC) require a unique combination of skill se...