Apr 09, 2021 11:04 PM IST
The regulations detail the forms that stakeholders are required to use, and the manner of carrying out various tasks by them as part of the pre-pack resolution process.
- Oct 28, 2020 08:40 PM IST
Some of the counsels appearing in the matter opposed the transfer of writ petitions and said that it would be better if the high courts decide the issue, and the top court will have the benefit of judgement of the high court.
- Aug 06, 2020 09:46 PM IST
The regulations require the Committee of Creditors (CoC) to fix the fee payable to the liquidator.
- Mar 19, 2019 07:43 PM IST
The pact provides for sharing of information with each other, subject to the limitations imposed by the applicable laws.
- Dec 15, 2017 12:54 PM IST
The solution to the buying of stressed assets does not lie in allowing tainted persons to come in but a solution lies in creating a market to arrive at a resolution, according to MS Sahoo, Chairman of Insolvency and Bankruptcy Board of India.
- Mar 15, 2017 05:38 PM IST
The rate of rise in bank's non-performing assets has slowed down in the March quarter and the steel sector has started showing signs of improvement, Finance Minister Arun Jaitley said today.
- Jan 22, 2017 04:00 PM IST
Providing the first possible avenue to resolve insolvency in a market-determined and time-bound manner, the Insolvency and Bankruptcy Code will help improve ease of doing business as well as develop the debt market, says IBBI Chairperson M S Sahoo.
- Oct 25, 2016 01:56 PM IST
The government has already set up Insolvency and Bankruptcy Board of India (IBBI) and floated draft norms to take views of the stakeholders.
- Oct 02, 2016 08:19 PM IST
Government has appointed four nominees, including two joint secretaries, to the Insolvency and Bankruptcy Board of India (IBBI).