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IBC RELIEF
12 years of PM Modi: Bold reforms, decisive decisions and political turning pointsAfter 12 years at the helm, Prime Minister Narendra Modi reflects on a transformative journey filled with key reforms that have altered Ind...- Ranbir Kapoor-backed Prime Focus shares gain 2% after firm returns to black with Rs 82 crore net profit in Q4Prime Focus shares saw a rise on Friday. The company reported a profit of Rs 82 crore for the fourth quarter of FY26. This marks a signific...
- IBC 10-year anniversary scorecard: Over Rs 4 lakh crore realised, big implications for credit markets, economic efficiencyThe Insolvency and Bankruptcy Code has helped creditors recover over Rs 4 lakh crore rupees. The Code has revived many distressed companies...
- NCLT admits insolvency plea against Prime Focus over Rs 353.79 crore claim, company challenges order in NCLATThe National Company Law Tribunal has admitted an insolvency petition against Prime Focus Ltd. Reliance Alpha Services Pvt Ltd filed the pe...
- Alpha Corp to take over three stuck projects following Supreme Court approvalThe Supreme Court has revived Alpha Corp's plan to complete three stalled projects of Earth Infrastructures. This decision offers hope to o...
- 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...
- Centre may junk special IBC framework plan for real estateAfter extensive deliberations, the government now reckons that such sector-specific mechanisms within the IBC could dilute the very essence...
- SC denies IBC relief to personal guarantors"IBC cannot be held to be operating in a retroactive manner in order to hold it violative of the constitution," it said. "Thus, we hold tha...
- Income tax cannot raise fresh claims after resolution plan approved under IBC: Bombay High CourtThe tax department had issued fresh notices to the corporate debtor after a resolution plan was approved. There is still ambiguity over wha...
- Insolvency and bankruptcy code (IBC) suspension extended till March 31The government had suspended fresh proceedings under IBC for loan defaults on or after March 25, for six months, as part of measures to pro...
- IBC suspension likely to be extended by 3 more months amid Covid crisisPolicymakers are of the view that a further extension is required as the economy is yet to emerge from contraction and businesses need reli...
- 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...
- Covid-driven tax reliefs to cost government 2-3% of GDPExperts say that Covid-driven tax relief may cost government 2 to 3 per cent of the GDP.
- Jet Airways employees seek interim financial reliefThe once-storied full service carrier stopped flying on April 17 as it ran out of money for daily operations.
- How bankruptcy code can help fix India's agrarian crisisThe IBC’s ‘fresh start’ process provides a systematic manner of waiving debts overseen by a judicial body.
- Government move to clear IBC amendments to expedite NPA cases: FicciEnabling MSME promoters to bid for their companies under the IBC resolution process will help in speedy resolution in a large number of cas...
- IBC ordinance may restrict relief proposed for MSMEsThe changes have been made to the code on the basis of recommendations made by the 14-member, high-level law committee chaired by corporate...
- Homebuyers, MSMEs may get IBC reliefThe ordinance will make homebuyers financial creditors as the amounts raised from them under a real estate project would count as commercia...
- ET View: Amend IBC to bring it in sync with RERAFor this, the government must amend the IBC to recognise the legitimate claim of home buyers. After all, they use their lifetime savings to...
- Insolvency law panel likely to finalise report this monthA rising number of cases involving stressed assets are being taken up for resolution under the Insolvency and Bankruptcy Code (IBC), which ...
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