Page-2 of Topic: Insolvency
India ranked 63rd as per latest Doing Business Report
India has been ranked 63rd among 190 countries, as per latest Doing Business Report (DBR, 2020) of World Bank (WB). As per report, the World Bank (WB) has...
IBBI tightens norms governing resolution professionals (RPs)
Insolvency and Bankruptcy Board of India (IBBI) has tightened norms that governs resolution professionals (RPs), wherein they would be barred from having employment when they are in possession...
Insolvency and Bankruptcy Code (IBC)
The passage of the Insolvency and Bankruptcy Code (IBC), 2016 is one of the biggest insolvency reforms in the economic history of India. It was introduced by the...11-member working group to go into concept of ‘Group Insolvency’ and suggest a suitable framework
The insolvency regulator Insolvency and Bankruptcy Board of India (IBBI) has set up a 11-member working group under the Chairmanship of former SEBI chief UK Sinha to go...
Unintended Consequences of IBC
Insolvency and Bankruptcy Code (IBC) act was considered as a path breaking legislation which provided for a time bound resolution of insolvency and bankruptcy cases. The act was...
Lok Sabha passes Insolvency and Bankruptcy Code (Amendment) Bill, 2018
Lok Sabha has passed Insolvency and Bankruptcy Code (Amendment) Bill, 2018 to bring relief to the home buyers and Micro, Small and Medium Enterprises (MSMEs). The Bill replaces...Pradeep Kumar Sinha committee constituted to address issues of stressed thermal power projects
The Union Government has constituted a high level empowered committee to address the issues of stressed thermal power projects. The committee will be headed by Cabinet Secretary, Pradeep...The Indian Overseas Bank signs Information Utility pact with NeSL
The Indian Overseas Bank (IOB) has signed Information Utility (IU) pact with National E-Governance Services Limited (NeSL) to share financial and security information under the Insolvency and Bankruptcy...Mamta Suri taken charge as new Executive Director of Insolvency and Bankruptcy Board of India (IBBI)
Dr. Mamta Suri has taken charge as Executive Director of Insolvency and Bankruptcy Board of India (IBBI) in New Delhi on August 16, 2017. Before joining IBBI, Dr....The National Conference on “Insolvency and Bankruptcy: Changing Paradigm” was held in Mumbai
Arun Jaitley, the Union Minister of Finance, Defense and Corporate Affairs, was the Chief Guest at the National Conference on ” Insolvency and Bankruptcy: Changing Paradigm”, which was...
Insolvency and Bankruptcy board sets up two panels
Insolvency and Bankruptcy Board of India (IBBI), which expects to soon operationalise the Insolvency and Bankruptcy Code, 2016 has set up two high-level panels to gather inputs from...