Searched for
MS SAHOO
IBBI chief calls for framework to assess working of India's insolvency lawInsolvency and Bankruptcy Board of India (IBBI) chairperson MS Sahoo on Thursday pitched for a comprehensive and objective framework to ass...- If a company has been sick for years, and its assets have been depleted, IBC may yield huge haircut: MS Sahoo, Chairman, IBBIIn a chat with Mohit Bhalla, the Chairman of the Insolvency and Bankruptcy Board of India, Dr. MS Sahoo, addresses questions about the rece...
- IBC proceedings should start when assets aren’t impaired: MS Sahoo, Chairman IBBISahoo cited the example of Videocon Industries, stating that it had already reported a loss of nearly ₹10,000 crore when the bankers brough...
- Insolvency law’s aim is business rejig, not recovery: M S Sahoo, chairman, IBBIBC has only one objective, that is, reorganisation. It reorganises the affairs of a company to rescue it if its business is viable or to cl...
- Pre-packaged plan threshold set at Rs 10 lakh for MSMEsFurther, to maintain the resolution professional’s independence from the corporate debtor, the RP's fees for the prepacked resolution will ...
- IBC has delivered 95% rescue rate: MS SahooFurther, while the rescue rate for CIRPs stood at 25% in terms of the number of companies, the rescue rate under the IBC was 75% in terms o...
- India likely to witness sharp rise in insolvencies in the coming days: MS Sahoo“The 2008 financial crisis had witnessed a sharp increase in corporate and personal insolvencies all over the world and that is an indicati...
- Government considering pre-packaged resolution for stressed firms under 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...
- IBC saved 160 cos from premature death: MS SahooMS Sahoo, Chairperson of IBBI, said the companies resolved under the code fetched 210% of their liquidation value and if the companies were...
- IBBI working to provide accountable and competent valuers: MS SahooThe IBC has helped financial and operational creditors recover over Rs 68,000 crore through successful resolutions of stressed assets in 88...
- IBC bolsters responsible lending, encourages debtors to avoid default: MS Sahoo, chairman IBBI"Feb 12 circular, that SC quashed, was an RBI initiative; it won’t impact IBC as it is neither a provision of the Banking Regulation Act no...
- Individual bankruptcy norms in the works: IBBI Chief“The work is progressing, but I cannot comment on any timeline,” said Sahoo.
- IBBI working on group insolvency norms: MS SahooInsolvency and Bankruptcy Board of India (IBBI) chairman MS Sahoo Tuesday said the process of putting in place the norms on group insolvenc...
- New bankruptcy law instills fear among delinquent borrowersCompanies facing bankruptcy petitions have reportedly cleared dues of as much as Rs 830 billion ($12 billion) with creditors, Sahoo said
- Focus should be resolution, not liquidation: MS SahooHe said that the soul of the Code was to keep the firm alive by balancing the interest of all stakeholders for which a successful resolutio...
- IBC panel recommends changes to revamp insolvency resolution processThe panel has recommended changes to the insolvency resolution framework to make it flexible for Resolution Professionals to raise interim ...
- Individual insolvency regime to be operational in phased manner: IBBI charirperson MS SahooAs it enters 2018, individual insolvency regime and facilitation of corporate insolvency transactions are among the main priorities for the...
- 12 large NPA cases yet to come before IBBI: Chairman MS SahooThe Reserve Bank of India's internal advisory committee had last week sent the list of 12 accounts to bankers for immediate reference under...
- 20% of India’s productive resources remain unutilised: MS SahooHe said that this is where the Code, which provides for an easy, ordely and time-bound exit is expected to be an enabler.
- CCI not looking into Net neutrality as of now: MS SahooCCI is not looking into the issue of Net neutrality as of now because sectoral regulator Trai is yet to finalise its views on it, CCI membe...
Load More
