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INDIA BANKRUPTCY REGIME
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...
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...
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...
Defaulting company promoters to be given new lease of life? All eyes on a big new IBC proposalIBC: India's insolvency regulations could soon see a significant shift. The proposed changes could allow company promoters facing defaults ...
Spectrum can't be transferred, sold by telcos: Supreme CourtThe Supreme Court has ruled that telecom spectrum, a scarce public resource, cannot be transferred or sold under the Insolvency and Bankrup...
India’s bankruptcy regime gains global boost; S&P lifts jurisdiction rankingS&P Global Ratings has upgraded India's insolvency regime to Group B from Group C, citing improved creditor-friendliness and a record of su...
Parliamentary panel moots advance ruling mechanism in IBC framework to tackle litigationsThe panel, in its report, has also recommended setting up a transparent, online mechanism for issuing 'no dues' certificates and statutory ...
Timely rescue of firms pushes IBC recovery to 49%Creditors in India have been able to recover nearly half of their claims under the Insolvency and Bankruptcy Code (IBC) when the resolution...
The ten big policy plays: Key economic initiatives India has seen under Modi from 2014 to 2024Over the last decade, India has witnessed significant economic initiatives like the Goods and Services Tax, bankruptcy code, and PM-Kisan. ...
IBC seminal reform; instrumental in changing feudal mindset of promoters: CEA"One big change that the IBC has brought is that it has ended feudalism of the promoters in a capitalistic society. There is absolutely no ...
IL&FS: Delays to key India shadow bank insolvency show coronavirus pandemic falloutPayments to creditors from Infrastructure Leasing & Financial Services Ltd., whose default in September 2018 triggered a lingering credit c...
Ex-Lehman banker sees gold mine in India bankruptcy overhaulModi government has been trying to clean up $210 billion of bad loans on banks’ balance sheets and that’s attracting global funds.
TRC, FRP join hands to offer advisory services for Insolvency and Bankruptcy Code in IndiaThe Insolvency and Bankruptcy code which came into effect last year seeks to consolidate the existing framework by creating a single law fo...
Bankruptcy code: US, UK allow owners to bid, India doesn’tET looks at the laws in some of the countries that have fast-tracked bankruptcy resolution to see the differences and similarities with Ind...
Bankruptcy code can help in deepening bond market, says SEBI chief TyagiIn India, fund raising through corporate bonds as a percentage of GDP was 17.9 per cent in 2016.
IBBI marks high for low-profile Corporate Affairs Min in 2016Pushing forward with implementation of pending provisions in the Companies Act, 2013, the National Company Law Tribunal (NCLT) replacing th...
Bankruptcy Code to give fillip to ease of doing biz: FinMinHitherto, India was lacking the legal and institutional machinery for dealing with debt defaults as per global standards.
Bankruptcy Law Reform Committee seeks changes in Companies Act 2013Committee feels companies should not be allowed to remain alive for the only purpose of preventing unemployment.
Proposed insolvency law is adequate: Sumant BatraSumant Batra, president of UK-based International Association of Restructuring and Insolvency Professionals (INSOL), which has been assisti...
- Quick settlement for Satyam
The way govt & corporates managed to settle Satyam issue is laudable.