A bench of Chief Justice D N Patel and Justice Prateek Jalan issued notice to the Ministry of Law and the Insolvency and Bankruptcy Board o...

To deal with Covid fallout, the Ordinance amended IBC, & suspended the law for six months, starting June 5.

Default on repayments from March 25, the day when the nationwide lockdown began to curb coronavirus infections, would not be considered for...

It is easy to be critical of past steps but it is more important to look forward. As corporate India aims to get back on its feet, there is...

The ordinance will seek to suspend the relevant provisions of IBC Sections 7, 9 and 10, to provide relief to borrowers from being dragged i...

The President’s assent to the IBC Amendment Ordinance 2018 has brought in key changes for home buyers and MSMEs.

The Insolvency and Bankruptcy Code Amendment (Ordinance) 2018 also seeks to streamline bidding eligibility provisions to remove grey areas

The changes have been made to the code on the basis of recommendations made by the 14-member, high-level law committee chaired by corporate...

The government has also set up a committee to identify areas that need to be addressed after seeing the working of the insolvency code for ...

The ordinance also barred those that have executed an enforceable guarantee in favour of a creditor with respect to a company undergoing re...

The IBC ordinance aims to keep wilful defaulters, undischarged insolvents and disqualified directors from getting back firms that got derai...

Only those promoters who have not serviced their loan accounts by not even paying the interest on loans have been barred, the finance minis...

Personal guarantors who may have escaped action in the NCLT process will no longer be immune. Their assets may now be encashed and used for...

Government officials said that unlike the US and UK, where companies are widely held, in India most businesses are family controlled.

Sources said the biggest impact will be on companies where the resolution plan has been finalised and is awaiting a go ahead from the Natio...

Strengthening the bankruptcy law would take patient backroom work; it's far easier to placate voters with, "Look, we're taking the Ruias' s...

The ordinance can be misinterpreted as an exercise of political grandstanding. In reality, it’s a righteous, simplistic solution to an old ...