Insolvency code

Haigreve Khaitan, senior partner at law firm Khaitan.

You can’t serve banks at cost of consumers: Haigreve Khaitan

5 min read . 29 Dec 2018

Obstfeld — who is set to retire this month-end — will be succeeded by Gita Gopinath, the second Indian to be appointed to the position. Photo: Mint

India’s growth has been ‘very solid’ under Modi govt: IMF Chief Economist

1 min read . 10 Dec 2018

State Bank of India told NCLT that more than 90% of Punj Lloyd’s lenders were in favour of a resolution plan outside the Insolvency and Bankruptcy Code.

ICICI Bank moves NCLT against Punj Lloyd under IBC

1 min read . 15 Jun 2018

Public sector lenders did all kinds of provisioning in the fourth quarter, and some had to take a little leeway under RBI rules to spread provisioning over four quarters. Photo: Mint

Banks: Q4 earnings of lenders indicate they are in the twilight zone

2 min read . 07 Jun 2018

WBIDC dragged to NCLT by Kolkata firm

3 min read . 29 Apr 2018

(From left) S.S. Mundra, former deputy governor, Reserve Bank of India; Tamal Bandyopadhyay, consulting editor of Mint, and Rajnish Kumar, chairman, State Bank of India. Photo: Mint

‘Insolvency code biggest reform in banking’

31 min read . 23 Mar 2018

The Reserve Bank of India. The amended regulations also mandate that the resolution professional submit evaluation criteria to the resolution applicants at least 15 days before the submission of their plans. Photo: Reuters

Govt amends IBC for better realization of stressed assets

2 min read . 08 Feb 2018

Resolution professionals said they had submitted their suggestions on the issue to a government panel formed to address concerns around the IBC. Photo: Mint

Insolvency resolution professionals seek clarity on compliance when firms turn hostile

3 min read . 17 Jan 2018

Gujarat NRE Coke is one of the companies affected by the recent ordinance which bars promoters from bidding for stressed assets unless they repay the interest and principal amount.

Insolvency code: Gujarat NRE Coke CMD seeks more accountability from bankers

1 min read . 16 Jan 2018

A screen shot of Gujarat NRE Coke’s website.

Gujarat NRE Coke’s creditors reject lone bidder’s resolution plan

2 min read . 02 Jan 2018

Recapitalizing public sector banks is essential, but what has been promised will only help to fill the hole in the balance sheets of banks. Photo: PTI

A policy wish list for the new year

8 min read . 29 Dec 2017

Suman Jolly, managing director of Recorders and Medicare Systems, filed the challenge in the Punjab and Haryana high court, which on Friday issued a notice to the central government and posted the matter for hearing on 25 January. Photo: Hemant Mishra/Mint

Insolvency code: Recorders and Medicare Systems challenges ordinance

1 min read . 09 Dec 2017

The resolution process is also likely to end up altering industry structures.

The Great Indian Asset Sale: conditions apply

3 min read . 27 Nov 2017

Lenders should not be compelled to reject resolution plans from promoters. Photo: Reuters

New insolvency rules will reduce flexibility

4 min read . 27 Nov 2017

The SC is hearing similar petition in cases involving real estate companies Unitech and Supertech, where it has passed orders of setting up an online portal to safeguard and aid the process of refunding home buyers. Photo: Hindustan Times

Plea in Supreme Court for safeguarding rights, interests of home buyers

1 min read . 25 Sep 2017

The RBI is doing its best, and even stepping into executive functions like scrutinizing NPA accounts and issuing directives to banks. Photo: Aniruddha Chowdhury/Mint

NPA resolution: well begun but half done

4 min read . 27 Jun 2017

In absence of additional capital, the RBI’s directions to the banks under the ordinance may impede the resolution process. Photo: Bloomberg

Banking ordinance opens up Pandora’s box

5 min read . 23 May 2017

The NCLAT ruling also adds to the uncertainty facing new investors willing to buy distressed assets. Photo: iStock

NCLAT ruling weakens Insolvency and Bankruptcy Code, say experts

3 min read . 12 May 2017

The bankruptcy code, which received the Parliament’s nod in May 2016, has a wide ambit under its jurisdiction including individuals, companies, limited liability partnerships, partnership firms and other legal entities. Photo: Hindustan Times

Can new insolvency code overcome huge backlog, poor infrastructure?

3 min read . 27 Jan 2017

For a chance of successful reforms—and for India’s “ease of doing business” to improve—it is vital that NCLT emerge as a competent, no-nonsense adjudicator, its reputation engendering confidence in the new regime.

New insolvency regime: NCLT rings an early warning

4 min read . 04 Jan 2017