Topic: IBC
International Research Conference on Insolvency and Bankruptcy
The first two-day International Research Conference on Insolvency and Bankruptcy was recently organized in India. Who organized the conference? The conference was organized by the Insolvency and Bankruptcy...
MCA: 60% Eligible for pre-pack turnaround Scheme
The Ministry of Corporate Affairs (MCA) recently announced that six out of ten active Indian companies are eligible for the new pre-packaged bankruptcy scheme. This is because out...
Insolvency and Bankruptcy Code Amendment Ordinance, 2021
The President of India, Shri Ram Nath Kovind recently promulgated the Insolvency and Bankruptcy Code (Amendment) Ordinance, 2021. The ordinance will allow pre-packaged insolvency resolution process for MSMEs....
Section 32A of Insolvency and Bankruptcy Code
The Supreme Court recently upheld the validity of Section 32 A of the Insolvency and Bankruptcy Code. Under its judgement, the apex court pronounced that the successful bidders...
Injeti Srinivas appointed First Chairman of International Financial Services Centre Authority
On July 6, 2020, the retired 1983 batch IAS officer from Odisha Cadre, Injeti Srinivas was appointed as the first chairman of the International Financial Service Centre Authority....
Fifth Tranche of Atma Nirbhar Bharat Abhiyan announced
On May 17, 2020, the Union Finance Minister Nirmala Sitaraman announced the fifth and final tranche of Atma Nirbhar Bharat Abhiyan. The scheme is to implement several measures...
CII sets up COVID-19 Rehabilitation and Relief Fund
The Confederation of Indian Industries has set up funds to assist rehabilitation of micro, small and medium enterprises. The fund is to be raised from the members of...
What is the Insolvency and Bankruptcy Code, 2016 (IBC)?
The Insolvency and Bankruptcy Code, 2016 (IBC) is the bankruptcy law of India which was passed by the Parliament in May 2016 to consolidate the existing framework for...Amendments to Insolvency and Bankruptcy Code
The Rajya Sabha has passed the amendments to the Insolvency and Bankruptcy Code aimed at faster decision-making in the case of bankrupt entities such as property developers, which...NCLAT on the IBC and PMLA
In a case related to Rotomac Global Private Limited, the National Company Law Appellate Tribunal (NCLAT) has made following observations related to Insolvency and Bankruptcy Code (IBC) and...
CEA Krishnamurthy Subramanian appointed part-time member in IBBI
Krishnamurthy Subramanian, Chief Economic Adviser (CEA) and B. Sriram, former managing director (MD) and chief executive officer (CEO) of Industrial Development Bank of India (IDBI Bank) were appointed...
