Certain provisions under the Code, which provides for time-bound and market-linked resolution of stressed assets, were suspended with effec...

Proviso to Section 10A of the IBC states that, no application shall ever be filed for initiation of corporate insolvency resolution process...

The MCA also notified 45 sections of the amended Companies Act, largely relating to the decriminalisation and reduction of fines of various...

The government had suspended fresh proceedings under IBC for loan defaults on or after March 25, for six months, as part of measures to pro...

Policymakers are of the view that a further extension is required as the economy is yet to emerge from contraction and businesses need reli...

The ministry of corporate affairs, which notified the extension on Thursday, had received extensive representation from the industry seekin...

Responding to a discussion on the IBC amendment bill in Lok Sabha, Sitharaman said stakeholders have other options for loan stress resoluti...

The upper house of Parliament passed the bill, which seeks to replace the ordinance imposing the suspension of certain sections of the IBC ...

“Government has set up a committee to give a pre-pack framework, we expect the report of the committee to come by the end of this month,” s...

A bench of Chief Justice D N Patel and Justice Prateek Jalan issued notice to the Ministry of Law and the Insolvency and Bankruptcy Board o...

Among other things, the Ordinance sought to prevent businesses that are experiencing distress on account of unprecedented situation followi...

To deal with Covid fallout, the Ordinance amended IBC, & suspended the law for six months, starting June 5.

As per the ordinance issued on Friday, proceedings under the Insolvency and Bankruptcy Code can never ‘ever’ be filed for defaults occurrin...

The ordinance passed by the government on Friday said that "no application shall ever be filed" for insolvency proceedings on default on or...

The directives of the Central Government to tide over these trying times are laudable. However, many of these changes are myopic and will c...

A one-year blanket suspension of new cases under the Insolvency Code has surprised bankers.

Section 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...