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IBC PROVISIONS
Fix the ABC of IBC: Why we should re-engineer the bankruptcy code furtherThe recent litigation around Jaypee has once again unleashed a raging debate over arbitrary decision-making by financial creditors, lack of...
Government operationalises amended insolvency law, sets 14-day admission deadline for NCLTOn May 26, significant updates to the insolvency law took effect, geared towards hastening the resolution of companies facing bankruptcy. T...
More than 8,800 cases admitted under IBC, creditors realise over Rs 4.11 lakh cr till Dec 2025India's Insolvency and Bankruptcy Code has seen significant success. By December 2025, over 8,800 corporate insolvency cases were admitted....
NCLAT ends insolvency proceedings against realty firm Embassy DevelopmentThe Delhi bench of the National Company Law Tribunal (NCLT), in December 2025, directed the initiation of insolvency proceedings against th...
Corporate Affairs ministry proposes easing company incorporation rulesIn an effort to boost entrepreneurship, the corporate affairs ministry is poised to revamp the company incorporation process. By consolidat...
NCLT orders insolvency proceedings against Venugopal Dhoot as personal guarantorInsolvency proceedings have begun against Venugopal Dhoot, former chairman of Videocon. The National Company Law Tribunal directed this act...
Parliament passes amendments to IBC to quicken resolution process, reduce backlogParliament has approved changes to the Insolvency and Bankruptcy Code. These amendments aim to speed up resolutions and improve the financi...
Lok Sabha passes Insolvency and Bankruptcy Code (Amendment) BillThe Lok Sabha has passed the Insolvency and Bankruptcy Code (Amendment) Bill, replacing the underutilized fast-track process with a new cre...
ED has attached proceeds of crime worth Rs 64,920 cr in bank fraud cases: FM Nirmala SitharamanIn the Lok Sabha, Nirmala Sitharaman said the Fugitive Economic Offenders Act (FEOA), 2018 was enacted to deter economic offenders from eva...
Misuse of Insolvency and Bankruptcy Code by loan defaulters has tendency to badly impact economy: HCThe Bombay High Court has strongly condemned loan defaulters and guarantors for exploiting the Insolvency and Bankruptcy Code. This practic...
High Court ruling plugs personal insolvency loopholeThe ruling clarifies that the interim moratorium begins when the application is duly numbered by the tribunal, the Kerala High Court said. ...
SC holds IBC cannot be held to be operating in retroactive mannerIn a setback to promoter industrialists, the Supreme Court holds the statute (IBC) does not suffer from any manifest arbitrariness to viola...
RBI may soften restructuring norms after govt's IBC relaxationBankers said the blanket ban on new IBC entries leaves restructuring of loans as the only plausible route to cure default but stringent RBI...
View: IBC requires urgent need for clarityIt is easy to be critical of past steps but it is more important to look forward. As corporate India aims to get back on its feet, there is...
Govt decides to suspend up to 1 year IBC provisions that trigger fresh insolvency proceedings: ReportSection 7, 9 and 10 of the IBC would be suspended for six months and the suspension time can be extended up to one year. An enabling provis...
Government plans debt waiver for 'small distressed borrowers' under insolvency lawAs per the IBC, there are various thresholds for 'Fresh Start', including that the gross annual income of the debtor does not exceed Rs 60,...
IBC an imbalanced economic provision: Sanjay SingalIBC is an “imbalanced provision” that has become a takeover or liquidation code, Sanjay Singal said.
Bank depositors should be recognised as financial creditors in IBC casesThe Insolvency and Bankruptcy Code, 2016 (IBC 2016) is applicable to insolvency resolution and liquidation of corporate persons, that is, a...
Banks' credit provisions to rise to Rs 2.6 lakh crore in FY18: IcraIncrease in provisioning will result in higher losses for state-run banks during the year.
New IBC provisions to deepen losses for banks: ReportThe report comes a day after government promulgated an Ordinance amending the Insolvency and Bankruptcy Code.