The Insolvency and Bankruptcy Board of India (IBBI) has proposed changes in the resolution plan process to hold guarantors accountable, fol...

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, ...

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

The new rules will require resolution professionals to provide details about their opinion on avoidance transactions of the corporate debto...

The plea cited certain preferential transactions alleging against the promoter. The NCLT Kolkata bench comprising judges including Rajasekh...

The insolvency regulator in a June 8 order penalised Vijay Kumar Garg, the resolution professional for Gitanjali Gems, Nakshatra World and ...

Valuation of assets is a key factor for an "informed decision making" under the Insolvency and Bankruptcy Code (IBC).

IBBI is readying rules that will enable creditors to go after guarantors of failed cos to recover dues.

Jaypee home buyers have told IBBI chairman M S Sahoo that based on voting trends, no resolution plan can go through as getting 66% support ...

According to the amendment, the sole objective of IPE is to provide support services to IPs.

Aspirants will be required to clear the valuation examination for the three asset classes- securities or financial assets; land and buildin...

The government had constituted a committee to take stock of functioning and implementation of the Insolvency and Bankruptcy Code.

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...

The draft rules dealing with insolvency resolution process of individuals and firms was put on the website for public comments with a deadl...

The code provides for a market determined, time-bound mechanism for orderly resolution of insolvency, wherever possible, and ease of exit, ...