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Budget 2025: Relief for a larger segment of Indian promoters under the insolvency code
05 Feb 2025 02:32 GMT
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Insolvency code must constantly evolve for better results
31 Jan 2025 21:18 GMT
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 …
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Homebuyers are stranded for years if the builder goes bankrupt. That changes now
05 Feb 2025 14:05 GMT
… fail. Also, according to the insolvency code, liquidation starts after all efforts …
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The Insolvency Code’s progress: From deep haircuts to fuller recoveries
08 Nov 2024 09:39 GMT
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.
…
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Jet Airways liquidation: A wake-up call for India’s insolvency code
07 Nov 2024 06:51 GMT
Jet Airways’s liquidation comes even after a consortium successfully bid to revive the airline, as a dispute between Jet’s lenders and the winning group got tossed around between bankruptcy courts and the Supreme Court for years.
Justice J.B. Pardiwala , …
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IBBI rolls out centralised online platform for sale of assets under insolvency code
30 Oct 2024 17:11 GMT
Insolvency regulator IBBI has directed Insolvency Professionals (IPs) to list details of all unsold assets in respect of the ongoing liquidation processes on the eBKray platform from November 1.
They have also been directed to list all the assets within 7 …
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Foreign creditor protection under India’s insolvency code
05 Sep 2024 11:36 GMT
… creditor protection under India’s insolvency code appeared first on Law.asia …
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Finance Minister Highlights Success of Insolvency Code,…
24 Jul 2024 13:13 GMT
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 …
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India and the evolution of an insolvency code
16 Jul 2024 08:57 GMT
… and the evolution of an insolvency code appeared first on Law.asia …
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'Get out of the way' most sensible advice: P Chidambaram praises CEA for 'powerful indictment' of NDA govt in Economic Survey
01 Feb 2025 05:56 GMT
… reforms like GST and the Insolvency Code. They said the Survey…