Insolvency Law Committee News

Opinion

The proper purpose of insolvency law

The recent changes made to the IBC as well as some of the recommendations of the ILC report are an attempt to solve the problems surrounding IBC stakeholders that are better solved outside the IBC

4 min read6 May 2018
Opinion

Resolving cross-border insolvencies

Globally, cross-border insolvency laws are based on one country providing assistance to the other in taking control of assets

4 min read27 Apr 2018
Market

Allowing promoters of small firms to bid at insolvency auctions fraught with moral hazard

About 8.8% of the micro enterprises loan book of banks had turned bad as of December, and the NPA ratio for small and medium enterprises loans was 11.2%, according to SIDBI

2 min read5 Apr 2018

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The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared

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