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At pre-admission stage over 17,800 cases disposed of
As many as 466 cases were withdrawn and 404 cases resulted in resolution while 1,371 resulted in liquidation
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Insolvency law changing the way society perceives business failures, says Sahoo
Since the provisions of the corporate insolvency came into force on Dec 1, 2016, a total of 4,376 processes have commenced till the end of March 2021
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RBI bans DHFL from taking deposits under Pirmal management
On the 14th page of the 86-page NCLT order, it says DHFL no longer is a deposit-taking NBFC but a non-deposit taking one
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Boost for MSMEs: Government amends insolvency law; introduces pre-packaged resolution process
The latest move comes less than two weeks after the suspension of certain IBC provisions ended
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SEBI decides to relax rules for reclassification of promoter as public shareholder
The SEBI board approved the proposal to rationalise the existing framework pertaining to reclassification of promoter/ promoter group entities, the re
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Normalcy restored for resolution of stress under IBC: M S Sahoo
After a year of relevant provisions being suspended amid the coronavirus pandemic, fresh proceedings under the Insolvency and Bankruptcy Code (IBC) ca
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Banks’ NPAs declined to Rs 5.70 lakh crore at December-end: Anurag Thakur
Union Minister Anurag Singh Thakur said the Insolvency and Bankruptcy Code has helped in the recovery of NPA
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Retrospective bar on filing plea for start of insolvency process does not extinguish debt: Supreme Court
The top court's ruling came on a plea by one Ramesh Kymal, who has challenged the decision of NCLAT upholding the findings of NCLT that the applicatio
