Insolvcency And Bankruptcy Code
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Government To Amend Insolvency Law To Reduce Time Taken For Resolution Process
The government is preparing to amend the insolvency law as it looks to reduce the time taken for completion of resolution process of stressed assets and prevent significant erosion of value of the assets.
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Essar Steel Auction: ArcelorMittal Moves Supreme Court Against Tribunal Order
The appellate tribunal, on September 7, had asked lenders, who are auctioning Essar Steel to recover over Rs 49,000 crore of unpaid loans.
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Binani Cement Lenders to Discuss UltraTech Revised Bid On May 9
Revised bid of UltraTech Cement is valued at around Rs 7,900 crore for the debt-laden Binani Cement.
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Bankruptcy, Real Estate Acts Pitted Against Each Other: Assocham
While IBC tries to give primacy to the creditors RERA tries to put consumers before creditors.
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NCLT Asks Essar Steel Lenders To Consider Numetal, ArcelorMittal Bids
At the second round, Numetal, ArcelorMittal along with JSW Steel and Vedanta had submitted the bids.
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JSW Steel, AION get creditors' nod for Monnet Ispat takeover
Monnet Ispat, owes banks and other creditors $1.6 billion, according to government data.
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New Norms for Handling Complaints Under Bankruptcy Code Notified
The filing fee will be refunded to the stakeholder in case the complaint is found to be not "frivolous or malicious", said the corporate affairs ministry.
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Centre Clears Tighter Rules To Bar Loan Defaulters From Bidding For Firms
The cabinet on Wednesday approved amendments to the Insolvency and Bankruptcy Code with changes that are designed to prevent wilful defaulters from bidding for stressed assets, Finance Minister Arun Jaitley said.
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Amendments To Insolvency And Bankruptcy Code Cleared
Finance Minister Arun Jaitley announced approval for the amendments following a cabinet meeting but did not provide the details.
-
Government To Amend Insolvency Law To Reduce Time Taken For Resolution Process
The government is preparing to amend the insolvency law as it looks to reduce the time taken for completion of resolution process of stressed assets and prevent significant erosion of value of the assets.
-
Essar Steel Auction: ArcelorMittal Moves Supreme Court Against Tribunal Order
The appellate tribunal, on September 7, had asked lenders, who are auctioning Essar Steel to recover over Rs 49,000 crore of unpaid loans.
-
Binani Cement Lenders to Discuss UltraTech Revised Bid On May 9
Revised bid of UltraTech Cement is valued at around Rs 7,900 crore for the debt-laden Binani Cement.
-
Bankruptcy, Real Estate Acts Pitted Against Each Other: Assocham
While IBC tries to give primacy to the creditors RERA tries to put consumers before creditors.
-
NCLT Asks Essar Steel Lenders To Consider Numetal, ArcelorMittal Bids
At the second round, Numetal, ArcelorMittal along with JSW Steel and Vedanta had submitted the bids.
-
JSW Steel, AION get creditors' nod for Monnet Ispat takeover
Monnet Ispat, owes banks and other creditors $1.6 billion, according to government data.
-
New Norms for Handling Complaints Under Bankruptcy Code Notified
The filing fee will be refunded to the stakeholder in case the complaint is found to be not "frivolous or malicious", said the corporate affairs ministry.
-
Centre Clears Tighter Rules To Bar Loan Defaulters From Bidding For Firms
The cabinet on Wednesday approved amendments to the Insolvency and Bankruptcy Code with changes that are designed to prevent wilful defaulters from bidding for stressed assets, Finance Minister Arun Jaitley said.
-
Amendments To Insolvency And Bankruptcy Code Cleared
Finance Minister Arun Jaitley announced approval for the amendments following a cabinet meeting but did not provide the details.
