Insolvency law amendments will help ensure faster resolution process: IBBI ChairpersonIBBI Chairperson Ravi Mital stated that the proposed amendments to the insolvency law will expedite the resolution of stressed assets. The ...
21 Aug, 2025, 07.43 PM IST
IBBI proposes mandatory monitoring committees for resolution plansThe IBBI proposes monitoring committees to oversee resolution plans under IBC rules. These committees will ensure smooth implementation and...
20 Nov, 2024, 10.40 PM IST
Lenders have recovered Rs 3.5 lakh cr under IBC: Ravi MitalLenders recovered Rs 3.5 lakh crore from stressed assets in the last eight years through the insolvency process. NCLT approved 1,000 resolu...
01 Oct, 2024, 05.34 PM IST
IBBI chief asks insolvency professionals to be as transparent as possibleIBBI Chairperson Ravi Mital urged insolvency professionals to maintain transparency during the resolution process to enhance bids and minim...
17 Sep, 2024, 09.28 PM IST
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...
03 Sep, 2021, 12.27 PM IST
Need objective assessment of working of insolvency law: IBBI chiefHis remarks come against the backdrop of diverse views being expressed on the overall impact of the Insolvency and Bankruptcy Code (IBC), w...
02 Sep, 2021, 01.37 PM IST
IBBI nudges Resolution Professionals for timely complianceThe plea cited certain preferential transactions alleging against the promoter. The NCLT Kolkata bench comprising judges including Rajasekh...
08 Jun, 2021, 09.58 PM IST
Insolvency process: IBBI lists out potential red flags to detect avoidance transactionsThe 22-page document lists out various factors, including the need to look at whether the corporate debtor is present at the address that i...
09 Aug, 2020, 05.13 PM IST
Challenges have made insolvency law stronger, says IBBI chiefThe Insolvency and Bankruptcy Board of India chief M S Sahoo said that prompt corrective actions have been taken for the insolvency law (IB...
11 Nov, 2019, 03.54 PM IST
Homebuyers seek vote on NBCC’s ‘conditional’ offer on Jaypee projectsAs a conditional bid cannot be accepted, homebuyers fear the committee of creditors (Coc) may reject the proposal in its meeting.
14 May, 2019, 12.16 PM IST
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...
15 Apr, 2019, 02.44 PM IST
Government ready to make more changes, if necessary, to IBCMinister of State for Corporate Affairs P P Chaudhary said the IBC is the first major step in a long journey to building a credit market in...
03 Aug, 2018, 01.14 PM IST
Don't look for ready-made solutions: IBBI chief to insolvency professionalsIBBI Chairperson M S Sahoo's remarks come against the backdrop of concerns about the conduct and independence of insolvency professionals i...
10 Feb, 2018, 12.07 PM IST
Challenge lies in Insolvency and Bankruptcy Code's successful implementation: SC judgeEmphasising that the Code is important for the country's economy, Justice Sikri said interpreting the law is also a challenge before NCLT a...
29 Jul, 2017, 03.34 PM IST
IBBI notifies regulations for probe under bankruptcy codeInsolvency professional agencies, professionals, entities and information utility are considered as service providers under the Code.
16 Jul, 2017, 05.56 PM IST
'Bankruptcy Code to help improve ease of doing business'The code provides for a market determined, time-bound mechanism for orderly resolution of insolvency, wherever possible, and ease of exit, ...
29 Mar, 2017, 10.40 PM IST
Bankruptcy Code to improve ease of doing biz: IBBI chief M S Sahoo"This will improve the ease of doing business, promote entrepreneurship, develop debt market and consequently, develop the economy," Sahoo ...
22 Jan, 2017, 03.53 PM IST