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Total 120 results found. Search for [ IBBI ]

Results 1 to 21 of 120
Prasanna Mohanty
February 14, 2021
India needs to collect and declare credible data on stressed assets, identify sectors and companies where these are accumulated and be transparent in insolvency resolution before jumping to a new mechanism


Prasanna Mohanty
February 10, 2021
RBI's database, reports and other evidence show India is credit surplus; large industrial houses have high debt stress, and that easy credit poses serious macro-financial risks to the economy


Prasanna Mohanty
February 7, 2021
At 21% recovery, IBC has performed worse than UPA-era debt recovery mechanisms panned for inefficiencies. The idea of a bad bank is also likely to fail if political interference and poor bank governance continue


PTI
December 31, 2020
To provide relief for entities impacted by the pandemic, the government has suspended fresh proceedings under the Insolvency and Bankruptcy Code (IBC) starting from March 25


Niti Kiran
December 3, 2020
With this, the September quarter witnessed a drop of around 85 per cent compared with the previous year, said a CARE Ratings report. This can be attributed to the suspension of fresh bankruptcy proceedings for COVID-19 defaults


Dipak Mondal
October 14, 2020
Pre-packs are popular in many countries as an alternative to lengthy insolvency processes as they are faster, cheaper and are done with statutory sanctioning


Hari Hara Mishra
October 5, 2020
In order to ensure timely completion of IBC, out of court settlement needs to be encouraged, and the NCLT, NCLAT infrastructure needs to be strengthened


Mudit Kapoor | Mohsin Sheikh
September 24, 2020
FRDI Bill has triggered fear among depositors that their money won't be safe in banks anymore, but the government argues the bill is the need of the hour


Dipak Mondal
August 27, 2020
A draft paper released by the Insolvency and Bankruptcy Board of India (IBBI) has proposed that those assets which are not easily converted into cash during the liquidation process must be distributed among creditors, and the liquidation process closed


Dipak Mondal
August 11, 2020
This local-only rule according to the IBBI has been done to facilitate ease of coordination and communication between the authorised representative and the creditors in the class the representative represents


PTI
July 26, 2020
When asked about what could be the lasting impact once things normalise after COVID-19, Sahoo said necessity is the mother of invention and that the focus is on swift response


Dipak Mondal
June 30, 2020
The special draft framework recommends that the insolvency procedures against an MSME can only be triggered by the MSME itself and not by any of the creditors


Nevin John
June 22, 2020
Of this, 1,604 cases have been settled by the tribunals across the country by finding a new buyer, commencing liquidation, or allowing voluntary withdrawals


BusinessToday.In
June 5, 2020
This, however, will not apply to defaults committed before March 25, when a nationwide lockdown was imposed by the Centre to check the spread of coronavirus


Dipti Lavya Swain & Ketaki Dandiya
April 9, 2020
Keeping up with the needs of the fast-changing business environment, IBC has been amended for the fourth time since 2016 with multiple amendments under corollary laws in order to ensure a relentless spin of the wheels of the Indian economy


Hari Hara Mishra
April 9, 2020
The decline in gross NPAs from 11% to 9% during 2018-19, and higher recovery through IBC in visibly large cases, made almost everybody believe the worst was over


BusinessToday.In
March 29, 2020
The new regulation will come into effect from March 29, 2020, IBBI said in a statement on Sunday. This means that troubled companies will get a breather of 17 days


Dipak Mondal
New Delhi, March 8, 2020
Insolvency professional has in the last four years emerged as a new practice area for many women who are either chartered accountants, company secretaries or cost accountants. But unlike a CA or a CS, the role of insolvency professional is multi-faceted and much more challenging


Hari Hara Mishra
February 26, 2020
Out of Rs 9,870 crore worth of claims, the creditors have received a princely sum of Rs 96 crore - that is right. Less than 1% after more than one year of running around, which will not compensate even the expenses incurred by the creditors


Dipak Mondal
New Delhi, February 19, 2020
Under IBC, if a resolution plan is not approved by the committee of creditors within the stipulated 270 days, the NCLT can order liquidation of the defaulting company


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