Maharashtra lockdown: Fear of IBC resolution process slowing, say expertsThe disposal rate in virtual trials is quite low and could add to the pendency of cases if the state’s restrictions persist for a longer du...
08 Apr, 2021, 09.33 AM IST
Maharashtra lockdown stokes fears of delay in IBC resolution processThe disposal rate in virtual trials is quite low and could add to the pendency of cases if the state’s restrictions persist for a longer du...
07 Apr, 2021, 11.35 PM IST
Centre promulgates IBC amendment ordinance to allow pre-packaged insolvency for MSMEsA pre-packaged resolution essentially translates to a company preparing a restructuring plan with its creditors before initiating insolvenc...
07 Apr, 2021, 10.17 AM IST
Tribunals may see surge in insolvency cases, say expertsTo protect firms from being dragged to insolvency court over defaults on account of the pandemic, the Centre had, in March last year, suspe...
26 Mar, 2021, 07.44 AM IST
NCLT expected to witness surge in insolvency casesThe Ministry of Corporate Affairs will unlikely extend the one-off relaxation next week with India fast regaining business normalcy and ran...
19 Mar, 2021, 07.54 PM IST
View: Will lifting of IBC suspension turn out to be a damp squib?Proviso to Section 10A of the IBC states that, no application shall ever be filed for initiation of corporate insolvency resolution process...
17 Mar, 2021, 11.39 AM IST
Insolvency resolution: The IBC story so far and the way forwardJurisprudence of any legislation takes time to evolve and IBC was no exception.
22 Jan, 2021, 11.56 AM IST
View: An urgent need for a cross-border insolvency frameworkGuarantees issued are usually for the loans raised by subsidiaries where the company availing the loan does not meet the requisite financia...
02 Dec, 2020, 05.11 PM IST
Recovery from bankruptcy courts could fall by a third in FY21: ICRAThe suspension on new proceedings under India’s bankruptcy law and the lockdown caused due to the pandemic could lead to a sharp fall in re...
01 Dec, 2020, 05.56 PM IST
Lok Sabha passes Insolvency and Bankruptcy Code Amendment BillResponding to a discussion on the IBC amendment bill in Lok Sabha, Sitharaman said stakeholders have other options for loan stress resoluti...
21 Sep, 2020, 10.06 PM IST
View: The key to RBI's long delayed resolution framework lies in its implementationThe framework was much needed and has in fact been delayed by at least 3 months as from the beginning , it was evident that Covid-19 would ...
13 Sep, 2020, 11.28 AM IST
Pandemic provides unique opportunity to expand business by acquiring distressed assetsIn this ‘new normal’, deal making in distressed assets is a beacon of hope for the sluggish economy to create synergies and economies of sc...
04 Aug, 2020, 12.25 PM IST
View: Fear of flattening the business curveTo deal with Covid fallout, the Ordinance amended IBC, & suspended the law for six months, starting June 5.
08 Jun, 2020, 02.33 PM IST
Government to exempt coronavirus-related debt of companies from insolvency law ambitProcedural violations under the Companies Act, such as shortcomings in corporate social responsibility reporting, inadequacies in board rep...
17 May, 2020, 08.17 PM IST
Deadlines moved, rules eased & Maharashtra tops 100 coronavirus cases: All that happened todayNew restrictions were placed in many states, with the Election Commission deferring Rajya Sabha elections which were scheduled for March 26...
26 Mar, 2020, 05.07 PM IST