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Total 16 results found. Search for [ amend%20Insolvency%20and%20Bankruptcy%20Code ]

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Mail Today Bureau
May 24, 2018
The union cabinet on Wednesday approved the promulgation of an ordinance to amend the Insolvency and Bankruptcy Code (IBC) in order to classify homebuyers as financial creditors at par with banks which will enable them to get quick refunds from defaulting builders.
May 23, 2018
May 23, 2018
May 23, 2018
May 1, 2018
December 28, 2017

Prosenjit Datta
New Delhi, November 29, 2017
Politically, it makes sense to try and make sure that people who take huge loans, get the banks into trouble by defaulting, and mismanage do not get too many chances to hold on to their companies and assets at the cost of their lenders taking a steep haircut.

Prosenjit Datta
Delhi, November 25, 2017
Section 29A could debar most existing owners.

New Delhi, November 24, 2017
It's not just public sector banks that are staring a mountain of NPAs - private sector banks are also taking a hit.
New Delhi, November 23, 2017
President RN Kovind on Thursday gave his nod to the Ordinance to amend the Insolvency and Bankruptcy Code (IBC), 2016, which aims to prevent \"unscrupulous, undesirable persons from misusing the provisions of the IBC\". In the video Rajeev Dubey, Editor, Business Today talks about the promoters who will suffer the most because of the Ordinance.

Anand Adhikari
New Delhi, November 23, 2017
The ordinance also paves the way for new team to take over and turnaround the company. But there is likely to be complications in willful defaulters cases
New Delhi, November 23, 2017
In addition to restrict such persons from participating in the resolution or liquidation process, the amendment also provides such check by specifying that the Committee of Creditors ensure the viability and feasibility of the resolution plan before approving it.
New Delhi, November 22, 2017
The Code, which became operational in December last year, provides for a market-determined and time-bound insolvency resolution process. It is implemented by the corporate affairs ministry

New Delhi, October 8, 2017
The government is open to amending the Insolvency and Bankruptcy Code (IBC) to resolve practical difficulties and redress grievances, union minister P P Chaudhary has said, amid owners of many undelivered flats looking to seek relief under this law.

November 30, 2016
With insolvency professional agencies getting registered, the Insolvency and Bankruptcy Code will become operational from tomorrow.

October 2, 2016
Government has appointed four nominees, including two joint secretaries, to the Insolvency and Bankruptcy Board of India (IBBI).