As part of amendments to the IBC, the corporate affairs ministry will likely include the provision to extend the pre-packaged insolvency fr...

Sudal Industries, an aluminium products manufacturer, has become the first Indian company to get a debt resolution from banks under the ins...

The details will be finalised after broader stakeholder consultations. "The government has studied the best practices of several jurisdicti...

The government is preparing to come out with a cross-border insolvency resolution framework based on the UNCITRAL model law and is proposed...

Personal guarantees will likely get a disproportionate share of attention as experts craft the broad role definitions for professionals han...

As per the laws, MSMEs should not have a turnover of more than Rs 250 crore excluding exports, and the investment in plant and machinery sh...

The notification was issued after the IBC amendment bill approved by the Parliament received presidential assent.

As soon as the House resumed after lunch at 2 pm, BJP member Bhubaneshwar Kalita in Chair asked Finance Minister Nirmala Sitharaman to move...

Regulation should be light-touch, however, and pre-packs should cover larger companies.

Pre-packaged process allows creditors and shareholders to come together to identify a prospective buyer and negotiate a resolution plan bef...

The move will likely unlock big opportunities amid lockdown restrictions.

In place for more than four years, the Insolvency and Bankruptcy Code (IBC) is helping in resolution of stressed assets in a market-linked ...

The government is drawing up a framework for resolution of MSMEs under the Insolvency and Bankruptcy Code (IBC), which could be rolled out ...

Under a pre-packaged insolvency plan, debtors and creditors agree upon the restructuring plan in advance, helping speed up the process.

While restructuring outside the Code is a possible option, it would not offer certain benefits available under the Code, such as the morato...

As part of efforts to fast-track processing of cases, the government has been mulling introduction of the provision for pre-packaged (pre-p...

It is true that NCLT and NCLAT often had to adjudicate. But there are certain innovations possible within IBC.