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Total 109 results found. Search for [ IBBI ]

Results 1 to 21 of 109
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


Nevin John
February 18, 2020
According to the latest data of Insolvency and Bankruptcy Board of India (IBBI), the number of new cases admitted to insolvency courts has increased by 30.29 per cent to 3,312 in the three months until December 2019


BusinessToday.In
February 18, 2020
Share Market Update : Extending losses for the third consecutive session, BSE 30-share S&P Sensex closed 161 points lower at 40,894 and NSE 50-share index Nifty50 ended 53 points lower at 11,992


Goutam Das
January 31, 2020
The Survey states that by integrating \"Assemble in India for the world\" into Make in India, India can generate 4 crores well-paid jobs by 2025 and 8 crores by 2030


Hari Hara Mishra
New Delhi, January 16, 2020
A standing committee on the ARC sector should be formed which should meet quarterly to take stock of the developments and ways to improve the functional effectiveness of ARCs


PTI
January 12, 2020
Under the amendments introduced to the liquidation process regulations, persons who were ineligible are now barred from being part of any compromise or arrangement at the stage of liquidation


BusinessToday.In
New Delhi, January 7, 2020
The Union Cabinet, chaired by Prime Minister Narendra Modi, in December had agreed to promulgate an ordinance for further amend the Insolvency and Bankruptcy Code


Joe C Mathew
December 30, 2019
In a memorandum to Prime Minister Narendra Modi on December 27, FISME complained that under the existing CIRP rules, MSME suppliers are treated as Operational Creditors and in the current scheme of things their dues are at the bottom of priority


Prasanna Mohanty
December 11, 2019
More tribunals, more resolution professionals, a higher threshold for the default process to set in from the current level of Rs 1 lakh and streamlining of the appeal process to cut down delays are needed to make the Insolvency and Bankruptcy Code (IBC) more efficient


Dipak Mondal
New Delhi, November 25, 2019
Irrespective of resolutions, companies going through the insolvency process are seeing large number of direct and indirect job losses


Dipak Mondal
November 14, 2019
The letter dated November 11 asks insolvency professionals to give reasons for non-completion, and name the person(s) responsible for non-completion, if any, 'to enable the board to seek appropriate legal remedy permissible under the IBC for any contravention causing such non-completion'


PTI
November 7, 2019



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