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INSOLVENCY LAW REFORM
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...
What? Could your Social Security benefits be cut by $500 a month in 2032? Here's which states face the biggest losses from trust fund insolvencyFor millions of retirees, Social Security is more than a government benefit. It is a lifeline. New projections warn monthly checks could fa...
The billionaire shakedown: How India changed its 'default' settingsIndia's decade-old Insolvency and Bankruptcy Code has revolutionized corporate finance, ending a 'defaulter's paradise' and recovering tril...
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...
IBC: Creditors realised Rs 4 lakh cr; cases involving Rs 14 lakh cr settled in pre-admission stageIndia's Insolvency and Bankruptcy Code (IBC) has facilitated over Rs 4 lakh crore in creditor realisations from resolved cases. Additionall...
Govt plans to rationalise filing framework under companies lawThe Corporate Affairs Ministry is embarking on an initiative to streamline company law filings, merging various forms into a more user-frie...
Lok Sabha passes Insolvency and Bankruptcy Code (Amendment) BillThe Lok Sabha has passed the Insolvency and Bankruptcy Code (Amendment) Bill, replacing the underutilized fast-track process with a new cre...
Budget 2026: India’s insolvency law faces its biggest upgrade in a decadeIndia's insolvency law is poised for major changes with the Insolvency and Bankruptcy Code (Amendment) Bill, 2025. This bill aims to speed ...
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 ...
Budget 2024: Finance Minister proposes to strengthen Insolvency FrameworkTalking about the success of the National Company Law Tribunals (NCLTs) under the Insolvency and Bankruptcy Code (IBC), Finance Minister Ni...
View: The new age of 'nuts-and-bolts' reformsWhat we are now witnessing is a new set of reforms called the ‘nuts-and-bolts’ reforms, which are fundamentally different from the framewor...
Insolvency law to have positive impact on debt market: Sebi chiefAjay Tyagi expressed hope that positive impact will be visible in five years.
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...
Bankruptcy code biggest economic reform after GST: Finance MinistryThe Rajya Sabha today passed the Insolvency and Bankruptcy Code, 2016. The Lok Sabha had cleared the bill last week.
Hope to pass GST, bankruptcy bill this session: Arun JaitleyExhibiting determination to move on the reform path, India can provide a significant amount of growth to the world, he said.
Government introduces bill for bankruptcy law in ParliamentAt present, Asia's third-largest economy has competing laws with unclear jurisdictions to deal with the liquidation or revival of companies.
Government to introduce bankruptcy bill in Parliament tomorrowThe draft legislation prepared by the panel also proposes early identification of financial distress so that steps could be taken to revive...
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.
- New law to put insolvency cases on fast track in works
The government plans to introduce a separate legislation to speed up insolvency proceedings and help distressed firms wind up operations qu...
Proposed insolvency law is adequate: Sumant BatraSumant Batra, president of UK-based International Association of Restructuring and Insolvency Professionals (INSOL), which has been assisti...