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Monsoon Session: Centre To Introduce 24 Bills In Parliament
The Centre has listed 24 bills, including the Cantonment Bill, the Multi-State Cooperative Societies (Amendment) Bill and the Insolvency and Bankruptcy Code (Amendment) Bill, for introduction in the Monsoon Session of Parliament.
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Parliament Passes Insolvency And Bankruptcy Code Bill
Finance Minister Nirmala Sitharaman in her reply said, "I will ensure we are also working to fill the vacancies in the (NCLT) benches..So, I do not want you to worry about vacancies and causing any further delay."
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Parliament Amends Insolvency Law To Protect COVID-Hit Companies
Parliament on Monday approved the Insolvency and Bankruptcy Code (Second Amendment) Bill, 2020, whereby fresh insolvency proceedings will not be initiated for at least six months starting from March 25 in view of the coronavirus pandemic.
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Rajya Sabha Passes Amendment In Insolvency And Bankruptcy Code
The Rajya Sabha today passed the Insolvency and Bankruptcy Code (Second Amendment) Bill, 2020, whereby fresh insolvency proceedings will not be initiated for at least six months starting from March 25 amid the coronavirus pandemic.
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Parliament Passes Amendments To Insolvency And Bankruptcy Code Bill
Parliament today passed amendments to the insolvency law that will help ring-fence successful bidders of insolvent companies from risk of criminal proceedings for offences committed by previous promoters.
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Lok Sabha Passes Insolvency And Bankruptcy Code (2nd Amendment) Bill
Lok Sabha on Friday passed the Insolvency and Bankruptcy Code (Second Amendment) Bill amid noisy protests.
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Cabinet Clears Ordinance To Further Amend Insolvency Law
The bill, introduced in the Lok Sabha, seeks to remove bottlenecks and streamline the corporate insolvency resolution process, wherein successful bidders will be ring-fenced from any risk of criminal proceedings for offences committed by previous promoters of the companies concerned.
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10 Things To Know About Latest Amendments To Insolvency And Bankruptcy Code (IBC)
The Union cabinet, chaired by Prime Minister Narendra Modi, on Wednesday cleared amendments to the Insolvency and Bankruptcy Code (IBC) to ease the insolvency resolution process and promote ease of doing business. Aimed at streamlining of the insolvency resolution process, the IBC Amendment Bill seeks to protect last-mile funding and boost investme...
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Rajya Sabha Passes The Insolvency And Bankruptcy Code (Amendment) Bill
The Rajya Sabha on Monday approved amending the three-year-old Insolvency and Bankruptcy Code (IBC), providing clarity about preference to secured lenders over operational creditors and giving lenders explicit authority over distribution of proceeds of auction of loan defaulting companies.
-
Nirmala Sitharaman Introduces Bill For Faster Resolution Of Bad Loans
The Government today introduced The Insolvency and Bankruptcy Code (Amendment) Bill 2019, that seeks to ensure timely completion of debt resolution process and provide more clarity on rights of stakeholders.
-
5 Points On Bill To Amend Insolvency And Bankruptcy Code
A Bill to amend Insolvency and Bankruptcy Code, 2016, has been introduced in the Lok Sabha to bring relief to the home buyers and Micro, Small and Medium Enterprises or MSMEs. The Insolvency and Bankruptcy Code (Amendment) Ordinance will protect the buyers when builders declare bankruptcy for under-construction real estate projects. The Bill would ...
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Lok Sabha Passes Insolvency And Bankruptcy Code Amendment Bill
Loan defaulters can participate in bidding under the insolvency proceedings after paying due interest and making their bad loan accounts operational, Finance Minister Arun Jaitley said.
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Parliament Winter Session Day 9 Highlights: Around 98 Private Member Bills Introduced In Rajya Sabha
The winter session of the parliament entered day 9 following the passage of the -historic- triple talaq bill in the Lok Sabha on December 28th. The bill makes instant "triple talaq" a criminal offence and proposes a three-year jail term for a Muslim man who divorces his wife by uttering the word "talaq" thrice. The bill will now be tabled in the Ra...
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Cabinet Clears Bill To Deal With Crisis In Banks, Insurers
The government has recently enacted the Insolvency and Bankruptcy Code, 2016 for the insolvency resolution of non-financial entities.
-
Draft Bill On Resolution Of Financial Companies To Face Obstacles: Fitch
The Finance Ministry had last month released a draft bill to set up a resolution corporation to address similar issues among financial firms.
-
Monsoon Session: Centre To Introduce 24 Bills In Parliament
The Centre has listed 24 bills, including the Cantonment Bill, the Multi-State Cooperative Societies (Amendment) Bill and the Insolvency and Bankruptcy Code (Amendment) Bill, for introduction in the Monsoon Session of Parliament.
-
Parliament Passes Insolvency And Bankruptcy Code Bill
Finance Minister Nirmala Sitharaman in her reply said, "I will ensure we are also working to fill the vacancies in the (NCLT) benches..So, I do not want you to worry about vacancies and causing any further delay."
-
Parliament Amends Insolvency Law To Protect COVID-Hit Companies
Parliament on Monday approved the Insolvency and Bankruptcy Code (Second Amendment) Bill, 2020, whereby fresh insolvency proceedings will not be initiated for at least six months starting from March 25 in view of the coronavirus pandemic.
-
Rajya Sabha Passes Amendment In Insolvency And Bankruptcy Code
The Rajya Sabha today passed the Insolvency and Bankruptcy Code (Second Amendment) Bill, 2020, whereby fresh insolvency proceedings will not be initiated for at least six months starting from March 25 amid the coronavirus pandemic.
-
Parliament Passes Amendments To Insolvency And Bankruptcy Code Bill
Parliament today passed amendments to the insolvency law that will help ring-fence successful bidders of insolvent companies from risk of criminal proceedings for offences committed by previous promoters.
-
Lok Sabha Passes Insolvency And Bankruptcy Code (2nd Amendment) Bill
Lok Sabha on Friday passed the Insolvency and Bankruptcy Code (Second Amendment) Bill amid noisy protests.
-
Cabinet Clears Ordinance To Further Amend Insolvency Law
The bill, introduced in the Lok Sabha, seeks to remove bottlenecks and streamline the corporate insolvency resolution process, wherein successful bidders will be ring-fenced from any risk of criminal proceedings for offences committed by previous promoters of the companies concerned.
-
10 Things To Know About Latest Amendments To Insolvency And Bankruptcy Code (IBC)
The Union cabinet, chaired by Prime Minister Narendra Modi, on Wednesday cleared amendments to the Insolvency and Bankruptcy Code (IBC) to ease the insolvency resolution process and promote ease of doing business. Aimed at streamlining of the insolvency resolution process, the IBC Amendment Bill seeks to protect last-mile funding and boost investme...
-
Rajya Sabha Passes The Insolvency And Bankruptcy Code (Amendment) Bill
The Rajya Sabha on Monday approved amending the three-year-old Insolvency and Bankruptcy Code (IBC), providing clarity about preference to secured lenders over operational creditors and giving lenders explicit authority over distribution of proceeds of auction of loan defaulting companies.
-
Nirmala Sitharaman Introduces Bill For Faster Resolution Of Bad Loans
The Government today introduced The Insolvency and Bankruptcy Code (Amendment) Bill 2019, that seeks to ensure timely completion of debt resolution process and provide more clarity on rights of stakeholders.
-
5 Points On Bill To Amend Insolvency And Bankruptcy Code
A Bill to amend Insolvency and Bankruptcy Code, 2016, has been introduced in the Lok Sabha to bring relief to the home buyers and Micro, Small and Medium Enterprises or MSMEs. The Insolvency and Bankruptcy Code (Amendment) Ordinance will protect the buyers when builders declare bankruptcy for under-construction real estate projects. The Bill would ...
-
Lok Sabha Passes Insolvency And Bankruptcy Code Amendment Bill
Loan defaulters can participate in bidding under the insolvency proceedings after paying due interest and making their bad loan accounts operational, Finance Minister Arun Jaitley said.
-
Parliament Winter Session Day 9 Highlights: Around 98 Private Member Bills Introduced In Rajya Sabha
The winter session of the parliament entered day 9 following the passage of the -historic- triple talaq bill in the Lok Sabha on December 28th. The bill makes instant "triple talaq" a criminal offence and proposes a three-year jail term for a Muslim man who divorces his wife by uttering the word "talaq" thrice. The bill will now be tabled in the Ra...
-
Cabinet Clears Bill To Deal With Crisis In Banks, Insurers
The government has recently enacted the Insolvency and Bankruptcy Code, 2016 for the insolvency resolution of non-financial entities.
-
Draft Bill On Resolution Of Financial Companies To Face Obstacles: Fitch
The Finance Ministry had last month released a draft bill to set up a resolution corporation to address similar issues among financial firms.
