Ibc Ordinance News

Money

Real estate: IBC ordinance sweetens deal for homebuyers

While the new IBC ordinance benefits homebuyers, promoters will not really lose out, so long as the promoter is not a wilful defaulter

3 min read27 Aug 2018
Opinion

Opinion | Don’t dilute Insolvency and Bankruptcy Code

Any attempt to bypass Insolvency and Bankruptcy Code (IBC) will open the floodgates for special interest lobbying, as far as power sector NPAs are concerned

3 min read13 Aug 2018
Companies

IBC amendment cleared: Home buyers now at par with creditors

Home buyers who, as financial creditors, will now be able to decide the future of defaulting builders alongside their lenders

2 min read31 Jul 2018
Opinion

The ordinance amending IBC is not just for homebuyers

On the day the IBC ordinance was passed, the finance ministry said the corporate debtors having annual turnover of up to 250 crore will also have benefits that were extended to MSMEs

3 min read4 Jul 2018
Politics

President clears IBC ordinance, providing relief to homebuyers

The amendments, which are based on the recommendations of an expert panel, mark an important milestone in the evolution of the insolvency and bankruptcy code (IBC) of 2016

2 min read7 Jun 2018
Politics

IBC Amendment Bill cleared by the Parliament

The IBC Amendment Bill was passed by Rajya Sabha amid concerns that the changes could bar genuine domestic investors from the insolvency resolution process, adversely affect MSMEs and lead to large scale litigation

3 min read2 Jan 2018
Industry

Govt asks panel to review amendment to Insolvency and Bankruptcy Code

The review committee will help the government take another look at some of the contentious issues in the IBC ordinance highlighted by the industry

2 min read12 Dec 2017
Opinion

How do we put bad loan resolution on fast track?

After the recognition of bad assets, resolution should be faster as otherwise the lenders will suffer for long

6 min read11 Dec 2017
Industry

IBC ordinance: IRPs seek extension of deadline to resolve insolvency cases

IRPs will approach Insolvency and Bankruptcy Board of India (IBBI) for leeway in the amended Insolvency and Bankruptcy Code (IBC) for genuine insolvency cases

2 min read30 Nov 2017
Industry

IBC ordinance may disqualify global private equity funds

Several global private equity funds have already tied up at least $10 billion to invest in Indian NPAs

3 min read30 Nov 2017
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