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INDIVIDUAL BANKRUPTCY
ET Prime Special Series: Multibagger or IBC - Part 62: This quiet auto ancillary now earns in 3 months what it once earned in a yearThe stock has multiplied many times over in just a few years, the order book has never been bigger, and the value packed into every vehicle...
NCLT admits SBI plea for personal insolvency proceedings against Anil AmbaniMumbai NCLT has admitted SBI's plea to start personal insolvency proceedings against Anil Ambani. This follows a Rs 1,200 crore claim by th...
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...
In Trump's crypto 'scrip', family always wins. Investors don'tIn an eyebrow-raising twist of fate, the Trump family reportedly amassed over $2 billion through various cryptocurrency initiatives, leavin...
ET Prime Special Series: Multibagger or IBC - Curious case of one stock, two companies. Only one of them makes brakesOn paper this is a friction-material company. In practice, the larger force inside the company is an investment portfolio. The friction bus...
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...
We are building India-specific models for early-growth and scaling companies: FulcrumQ’s Shefali SalwanIndia is one of the most consequential markets for us, says Shefali Salwan, Founder of FulcrumQ, a global strategy and human capital adviso...
Quote of the Day by legendary rock singer Jon Bon Jovi: “You can't win 'til you're not afraid to lose” — Inspiring quote on courage, overcoming fear of failure, taking risks, personal growth and achieving success in lifeQuote of the Day by Jon Bon Jovi: Jon Bon Jovi’s powerful quote, “You can't win 'til you're not afraid to lose,” offers a timeless message ...
Insolvency law not a recovery mechanism, Supreme Court reiterates in key IBC rulingIn a landmark decision, the Supreme Court has clarified that insolvency law is not intended for the mere pursuit of debt recovery. It highl...
Quote of the day by Mark Twain: ‘Worrying is like paying a debt you don't owe’ A gentle rebuke to anxiety and timeless wisdom on letting go of worryQuote of the day: In a world where stress often feels unavoidable, Mark Twain’s words remind us that not all burdens are real. Some are sel...
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 ...
Personal guarantors to bankrupt firms will need to declare crypto holding, art collections in IBC proceedingsNew draft rules will require personal guarantors of stressed companies to declare all personal assets. This includes crypto, jewellery, and...
On hold: Plan to bring in cross-border, individual insolvency frameworksThe government has delayed plans to introduce cross-border insolvency and an out-of-court individual delinquency mechanism. These provision...
Struggling with debt? Here is how individual insolvency works in IndiaThe pandemic has made several people prone to debt traps with revolving credit card bills and easy personal loans taken from fintech compan...
IBC: Mediation, not bankruptcy, to be key in individual casesGovernment may bring in the Insolvency and Bankruptcy Code (IBC) amendments in individual and cross-border cases.
What if you go broke like Vijay Mallya? Personal bankruptcy decodedWhile bankruptcy filing for corporates is well-organised under the IBC, it isn't as streamlined for individuals.
Individual bankruptcy norms in the works: IBBI Chief“The work is progressing, but I cannot comment on any timeline,” said Sahoo.
Individual insolvency norms a priority, says IBBI ChairmanIn one year of existence, the Insolvency and Bankruptcy Board of India has already put in place the infrastructure ecosystem and now has ov...
Government sets up personal bankruptcy panel to aid individualsWhile an expert group is finalising the framework for bankruptcy code for individuals, the advisory committee will provide technical inputs...
Bankruptcy norms for individuals in the worksInsolvency & Bankruptcy Board is working on guidelines to allow voluntary liquidation by companies.