Insolvency And Bankruptcy Code
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Financial Creditors Take Maximum Risk, Need To Be Compensated: RBI
- Thursday January 11, 2024
- India News | Reuters
Amendments to India's bankruptcy law should focus on a financial creditor-led framework for resolution of stressed assets, the governor of the country's central bank said on Thursday.
- www.ndtv.com
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Supreme Court Upholds Validity Of Key Provisions Of Insolvency And Bankruptcy Code
- Friday November 10, 2023
- India News | Press Trust of India
The Supreme Court upheld certain key provisions of the Insolvency and Bankruptcy Code which were challenged on grounds of being violative of fundamental rights like the right to equality of those against whom insolvency proceedings are initiated.
- www.ndtv.com
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Probe Body Records 490 Fraud Cases Related To NPAs Of Over Rs 20 Crore
- Tuesday July 25, 2023
- India News | Press Trust of India
The Directorate of Enforcement has recorded 490 bank fraud cases related to non-performing assets (NPAs) of Rs 20 crore or more in the last 5 years under the provisions of the Prevention of Money Laundering Act, 2002 (PMLA).
- www.ndtv.com
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Lessors Have Applied For Deregistration Of 54 Go First Planes: Government
- Monday July 24, 2023
- India News | Press Trust of India
In a written reply to Rajya Sabha, Minister of State for Civil Aviation V K Singh said the Directorate General of Civil Aviation (DGCA) has received applications from lessors for the deregistration of a total number of 54 aircraft leased to Go First.
- www.ndtv.com
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Government To Amend Insolvency Law To Reduce Time Taken For Resolution Process
- Sunday December 18, 2022
- India News | Press Trust of India
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.
- www.ndtv.com
-
NCLT Rejects Amazon’s Objections, Orders Insolvency Proceedings Against Future Retail
- Wednesday July 20, 2022
- Press Trust of India
The National Company Law Tribunal (NCLT) has ordered insolvency proceedings against Future Retail under the Insolvency and Bankruptcy Code (IBC). The tribunal also rejected objections raised by Amazon claiming that any bankruptcy proceedings at this stage would compromise the e-commerce company's rights.
- www.gadgets360.com
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Monsoon Session: Centre To Introduce 24 Bills In Parliament
- Saturday July 16, 2022
- India News | Press Trust of India
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.
- www.ndtv.com
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India Could Be A $20 Trillion Dollar Economy By 2040: Chief Economic Advisor
- Thursday June 9, 2022
- Business | Asian News International
Indian economy could cross $5 trillion in 2026-27 and likely to become $20 trillion by 2040, Chief Economic Advisor Anantha V Nageswaran said
- www.ndtv.com/business
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NCLT To Take Up Amazon's Plea Against Future Group's Insolvency Proceedings On June 10
- Monday June 6, 2022
- Business | Press Trust of India
NCLT will hear Amazon's petition opposing initiation of insolvency resolution proceedings against debt-ridden Future Retail Ltd on June 10
- www.ndtv.com/business
-
Company Law Tribunal Orders Insolvency Proceedings Against National Textile Corporation
- Sunday May 29, 2022
- Business | Press Trust of India
The National Company Law Tribunal (NCLT) has ordered to initiate insolvency proceedings against state-run National Textile Corporation
- www.ndtv.com/business
-
Bank Of India Initiates Insolvency Proceedings Against Future Retail
- Thursday April 14, 2022
- Business | Press Trust of India
Bank of India has moved the National Company Law Tribunal, filing a petition to initiate insolvency proceedings against debt-ridden Future Retail
- www.ndtv.com/business
-
Government Says 43 Corporate Debtors' Cases Resolved Under Bankruptcy Code
- Tuesday February 8, 2022
- Business | Edited by Animesh Singh
Government has said 43 large corporate debtors, each having total admitted claims of Rs 2,500 crore were resolved under IBC till December 31, 2021
- www.ndtv.com/business
-
RBI Files Application For Initiating Insolvency Proceedings Against Reliance Capital
- Thursday December 2, 2021
- Business | Edited by Animesh Singh
RBI on Thursday filed an application for initiation of Corporate Insolvency Resolution Process against debt-ridden Reliance Capital
- www.ndtv.com/business
-
Parliament Passes Insolvency And Bankruptcy Code Bill
- Wednesday August 4, 2021
- India News | Press Trust of India
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."
- www.ndtv.com
-
Only 394 Insolvency Cases Resolved Under Bankruptcy Law In Five Years
- Thursday July 22, 2021
- Business | Edited by Animesh Singh
Five years since the Corporate Insolvency Resolution Process under the Insolvency and Bankruptcy Code 2016 began, it has resolved only 394 cases.
- www.ndtv.com/business
-
Financial Creditors Take Maximum Risk, Need To Be Compensated: RBI
- Thursday January 11, 2024
- India News | Reuters
Amendments to India's bankruptcy law should focus on a financial creditor-led framework for resolution of stressed assets, the governor of the country's central bank said on Thursday.
- www.ndtv.com
-
Supreme Court Upholds Validity Of Key Provisions Of Insolvency And Bankruptcy Code
- Friday November 10, 2023
- India News | Press Trust of India
The Supreme Court upheld certain key provisions of the Insolvency and Bankruptcy Code which were challenged on grounds of being violative of fundamental rights like the right to equality of those against whom insolvency proceedings are initiated.
- www.ndtv.com
-
Probe Body Records 490 Fraud Cases Related To NPAs Of Over Rs 20 Crore
- Tuesday July 25, 2023
- India News | Press Trust of India
The Directorate of Enforcement has recorded 490 bank fraud cases related to non-performing assets (NPAs) of Rs 20 crore or more in the last 5 years under the provisions of the Prevention of Money Laundering Act, 2002 (PMLA).
- www.ndtv.com
-
Lessors Have Applied For Deregistration Of 54 Go First Planes: Government
- Monday July 24, 2023
- India News | Press Trust of India
In a written reply to Rajya Sabha, Minister of State for Civil Aviation V K Singh said the Directorate General of Civil Aviation (DGCA) has received applications from lessors for the deregistration of a total number of 54 aircraft leased to Go First.
- www.ndtv.com
-
Government To Amend Insolvency Law To Reduce Time Taken For Resolution Process
- Sunday December 18, 2022
- India News | Press Trust of India
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.
- www.ndtv.com
-
NCLT Rejects Amazon’s Objections, Orders Insolvency Proceedings Against Future Retail
- Wednesday July 20, 2022
- Press Trust of India
The National Company Law Tribunal (NCLT) has ordered insolvency proceedings against Future Retail under the Insolvency and Bankruptcy Code (IBC). The tribunal also rejected objections raised by Amazon claiming that any bankruptcy proceedings at this stage would compromise the e-commerce company's rights.
- www.gadgets360.com
-
Monsoon Session: Centre To Introduce 24 Bills In Parliament
- Saturday July 16, 2022
- India News | Press Trust of India
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.
- www.ndtv.com
-
India Could Be A $20 Trillion Dollar Economy By 2040: Chief Economic Advisor
- Thursday June 9, 2022
- Business | Asian News International
Indian economy could cross $5 trillion in 2026-27 and likely to become $20 trillion by 2040, Chief Economic Advisor Anantha V Nageswaran said
- www.ndtv.com/business
-
NCLT To Take Up Amazon's Plea Against Future Group's Insolvency Proceedings On June 10
- Monday June 6, 2022
- Business | Press Trust of India
NCLT will hear Amazon's petition opposing initiation of insolvency resolution proceedings against debt-ridden Future Retail Ltd on June 10
- www.ndtv.com/business
-
Company Law Tribunal Orders Insolvency Proceedings Against National Textile Corporation
- Sunday May 29, 2022
- Business | Press Trust of India
The National Company Law Tribunal (NCLT) has ordered to initiate insolvency proceedings against state-run National Textile Corporation
- www.ndtv.com/business
-
Bank Of India Initiates Insolvency Proceedings Against Future Retail
- Thursday April 14, 2022
- Business | Press Trust of India
Bank of India has moved the National Company Law Tribunal, filing a petition to initiate insolvency proceedings against debt-ridden Future Retail
- www.ndtv.com/business
-
Government Says 43 Corporate Debtors' Cases Resolved Under Bankruptcy Code
- Tuesday February 8, 2022
- Business | Edited by Animesh Singh
Government has said 43 large corporate debtors, each having total admitted claims of Rs 2,500 crore were resolved under IBC till December 31, 2021
- www.ndtv.com/business
-
RBI Files Application For Initiating Insolvency Proceedings Against Reliance Capital
- Thursday December 2, 2021
- Business | Edited by Animesh Singh
RBI on Thursday filed an application for initiation of Corporate Insolvency Resolution Process against debt-ridden Reliance Capital
- www.ndtv.com/business
-
Parliament Passes Insolvency And Bankruptcy Code Bill
- Wednesday August 4, 2021
- India News | Press Trust of India
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."
- www.ndtv.com
-
Only 394 Insolvency Cases Resolved Under Bankruptcy Law In Five Years
- Thursday July 22, 2021
- Business | Edited by Animesh Singh
Five years since the Corporate Insolvency Resolution Process under the Insolvency and Bankruptcy Code 2016 began, it has resolved only 394 cases.
- www.ndtv.com/business