Insolvency And Bankruptcy Board Of India News
Denied relief by Sebi, Karvy’s lenders look at DRT, IBBI options
Lenders are also considering a move to sell minority stakes in the sister concerns of Karvy Stock BrokingICICI Bank on 20 Dec became the first lender to approach the Hyderabad DRT for recovery of dues
3 min read30 Dec 2019IBBI publishes syllabus for valuer examinations from Apr 2019
IBBI has published the syllabus and other details of the valuation examination for three asset classes --- securities or financial assets, land building, and plant machinery, according to an official statement.
1 min read2 Jan 2019Bankrupt firms in India to get a new and quick rescue option
Under the so-called ’pre-packaged’ bankruptcy schemes, creditors and shareholders will approach a bankruptcy court with a pre-negotiated reorganization plan, as prevalent in countries such as the US and the UK
2 min read26 Nov 2018RBI kick-starts process to set up PCR for capturing details of borrowers
Setting up of the PCR assumes significance amidst rising bad loans in the financial system. The non-performing assets in the banking system is about 10 trillion
2 min read4 Nov 2018Bankruptcy law is the push Indian companies needed to pay up
The insolvency and bankruptcy code replaced a web of archaic laws, some dating back a 100 years, and helped India jump 30 points to make it to the top 100 countries in World Bank’s ease of doing business rankings
2 min read10 Jul 2018Addressing the Insolvency and Bankruptcy Code’s oversights and flaws
The Insolvency and Bankruptcy Code needs to evolve if it is to uphold the objectives of fairness, collective resolution and equality
4 min read21 Jun 2018IBBI, RBI sign MoU for better implementation of Insolvency and Bankruptcy Code
RBI and IBBI will share data and resources with each other to the extent allowed by law and hold frequent discussions to overcome regulatory bottlenecks with respect to implementation of IBC
1 min read13 Mar 2018Liquidation is anti-thesis of resolution, says IBBI chief
So far, more than 500 cases have been admitted by the NCLT for resolution under the Insolvency and Bankruptcy Code
1 min read31 Jan 2018IBC 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 2017Formulation of fair rules should not be driven by valuation alone: IBBI’s MS Sahoo
The insolvency code ordinance barring promoters of defaulting firms will increase probability of successful resolution, says Insolvency and Bankruptcy Board of India chairman M.S. Sahoo
3 min read25 Nov 2017Popular Topics
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