IBBI extends deadline to file liquidation forms to December 31The Insolvency and Bankruptcy Board of India (IBBI) has extended the deadline for liquidators and Insolvency Professional Agencies to file ...
02 Dec, 2024, 10.16 PM IST
IBBI introduces electronic forms for monitoring liquidation processesIBBI introduces electronic forms to streamline liquidation, enhancing compliance. From record-keeping to distribution, the forms cover all ...
30 Jun, 2024, 11.38 PM IST
NCLT sees surge in voluntary liquidation as promoters seeking clean slateVoluntary liquidation is becoming a preferred choice for promoters to close unviable businesses and avoid losses and compliance costs. Most...
30 May, 2024, 03.58 PM IST
Liquidators can't combine asset sales, deposits for fees: IBBI"Amount realised' means an amount that is being realised from the sale of an asset where the asset changes form. Where the asset is already...
29 Sep, 2023, 11.21 PM IST
NCLT approves Ace Infracity resolution plan for 3C HomesEarlier, the National Company Law Tribunal (NCLT) had denied its approval following opposition filed by some of the allottees and was chall...
15 Jun, 2023, 09.27 PM IST
Insolvency Law likely to see 2 key tweaksThe meeting was attended by bank executives, lawyers, consultants, officials from the finance ministry, the IBBI and even from the prime mi...
22 Nov, 2022, 04.55 AM IST
IBC: There's a need to bring necessary balance in the CoC’s compositionIn the overall IBC scheme of insolvency resolution, the CoC has a pivotal role. The robustness of the resolution plan hinges upon the integ...
30 May, 2022, 12.21 AM IST
IBBI eases rules for voluntary liquidationThis shall aid in further enhancing the freedom of exit for investors as part of the government efforts to enhance ease of doing business, ...
07 Apr, 2022, 12.08 AM IST
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...
02 Feb, 2022, 11.10 PM IST
All is not well with India's bankruptcy law. Here's how it can be fixedThe problems range from voluntary bankruptcy not working as it should to unaccountable and unethical resolution professionals (RPs) and the...
14 Sep, 2021, 11.49 PM IST
Ground seems ready for new options to resolve stressed assets: IBBI chiefIn place for more than four years, the Insolvency and Bankruptcy Code (IBC) is helping in resolution of stressed assets in a market-linked ...
03 Jan, 2021, 01.15 PM IST
FSDC panel to take stock of economyThe meeting comes at an important time as the government and Mint Road grapple with NBFC crisis.
16 Sep, 2019, 10.21 AM IST
Government readies IBC 2.0 to cope with increasing challengesBased on the experience so far, the ministry of corporate affairs (MCA) is readying what many believe to be IBC 2.0.
25 May, 2018, 10.21 AM IST
Individual insolvency regime to be operational in phased manner: IBBI charirperson MS SahooAs it enters 2018, individual insolvency regime and facilitation of corporate insolvency transactions are among the main priorities for the...
25 Dec, 2017, 05.08 PM IST
Jaypee homebuyers need to file claim form: Here's how to do itThe Allahabad bench of the National Company Law Tribunal (NCLT) on August 9 classified Jaypee Infratech as insolvent on the petition filed ...
23 Aug, 2017, 09.52 AM IST
Answers to some of the questions troubling Jaypee home buyersThe insolvency resolution professional in the Jaypee case answered some questions that have been asked by worried home buyers.
18 Aug, 2017, 11.49 AM IST
IBBI notifies norms for liquidation processAs per the norms, a liquidator should ordinarily sell the assets through auctions and private sale would be allowed only if the asset is pe...
15 Dec, 2016, 10.32 PM IST