A breakdown of major SC decisions tightening due diligence, limiting judicial interference, and redefining the finality of resolution plans under the ...
The new insolvency and bankruptcy code (IBC) has completed a successful 5-year journey. The code has been often criticised for low recovery rate. But it is a new law and as the law stabilises, there ...
Since its inception, the Insolvency and Bankruptcy Code, 2016 (“IBC”) has fundamentally reshaped India’s credit landscape.
'By not only decriminalising routine business failures, but by ensuring that institutional lending and corporate rescue frameworks are strengthened via the IBC, the prime minister has ensured there is ...
The Insolvency and Bankruptcy Code (IBC) architecture was catapulted into action when the Reserve Bank of India (RBI), in June 2017, referred 12 large cases to the resolution process under the code.
A narrative is gaining ground that the Insolvency and Bankruptcy Code 2016 (IBC/Code) is failing in its objective(s). It is not resolving the insolvency/ stress of companies, and is rather liquidating ...
New Delhi [India], August 1 (ANI): The Parliament on Thursday passed the Insolvency and Bankruptcy Code (Amendment) Bill, 2019 that provides a 330-day timeline for insolvency resolution process and ...
SBI on IBC Code: The insolvency and bankruptcy code (IBC) 2016 has met with much success in its short period of 3 years. SBI on IBC Code: IBC Amendment Act 2019 in India is a culmination of 60 years ...