A continuously evolving and improving Insolvency and Bankruptcy Code (IBC) framework is important to achieving a 7-8% growth over the next decade, as  growth aspirations require capital to operate at the frontiers of productivity and efficiency, said the …

In the recent past, various stakeholders including the Parliamentary Standing Committee on Finance, Reserve Bank of India (RBI) Governor Shaktikanta Das and India’s G-20 Sherpa Amitabh Kant have flagged concerns over delays and asked for a recovery boost. …

… fail. Also, according to the insolvency code, liquidation starts after all efforts …

New Delhi, Jul 24 (KNN) In a move set to reshape India's corporate landscape, Finance Minister Nirmala Sitharaman unveiled significant reforms to expedite corporate exits and strengthen the insolvency resolution process during her presentation of the …

When the IBC was adopted by India in 2016, Parliament had intended that the time period for insolvency resolution be mandatorily limited to 330 days, inclusive of one extension and the time taken in legal proceedings. This time limit is observed more in …

The much-awaited amendments to the Insolvency and Bankruptcy Code (IBC), including those aimed at expediting the resolution process, and introduction of cross-border and group insolvency regimes, may undergo a review by the incoming government before being …

… reforms like GST and the Insolvency Code. They said the Survey…

Go First seeks interim moratorium, NCLT says no such provision under IBC Go First airline asks NCLT to pass urgent order on insolvency plea IBC process: Resolution and distribution of funds may be separated CBIC asks taxmen to recover lower dues from firms …

Finance Minister Nirmala Sitharaman on Saturday stated that the government has no hesitation to amend the Insolvency and Bankruptcy Code (IBC) to make it stronger, as there has been criticism of a slowdown in the resolution process and a decline in …