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Insolvency and Bankruptcy Board of India

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IBBI changes its norms to simplify registration of IPs

IBBI changes its norms to simplify registration of IPs

  • Post author:Admin
  • Post published:21 September 2023
  • Post category:Economy
  • Post comments:0 Comments

The Insolvency and Bankruptcy Board of India (IBBI) on Wednesday announced simplified enrolment and registration process for insolvency professionals to streamline their exit and compliance obligations.The move is part of…

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Insolvency and Bankruptcy Code changes to hasten, maximise recovery

Insolvency and Bankruptcy Code changes to hasten, maximise recovery

  • Post author:Admin
  • Post published:19 September 2022
  • Post category:Economy
  • Post comments:0 Comments

Multiple amendments and clarifications to the Insolvency and Bankruptcy Code by the Insolvency and Bankruptcy Board of India (IBBI) will help creditors fetch better value for distressed assets and lift…

Continue ReadingInsolvency and Bankruptcy Code changes to hasten, maximise recovery
IBBI working to address issues concerning insolvency resolution process: Official

IBBI working to address issues concerning insolvency resolution process: Official

  • Post author:Admin
  • Post published:16 September 2022
  • Post category:Economy
  • Post comments:0 Comments

The Insolvency and Bankruptcy Board of India (IBBI) is taking measures to address issues concerning insolvency resolution process, an official said on Friday. IBBI Executive Director Sandip Garg, who was…

Continue ReadingIBBI working to address issues concerning insolvency resolution process: Official
Govt considers operational changes in IBC following expert panel recommendations

Govt considers operational changes in IBC following expert panel recommendations

  • Post author:Admin
  • Post published:22 August 2021
  • Post category:Economy
  • Post comments:0 Comments

India is considering several operational changes in the Insolvency and Bankruptcy Code (IBC), harnessing digital technology to help remove seemingly insurmountable obstacles of distance or time - and speed up…

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A  billion pile of debt looms over India’s new bad bank

A $27 billion pile of debt looms over India’s new bad bank

  • Post author:Admin
  • Post published:28 June 2021
  • Post category:Economy
  • Post comments:0 Comments

By Upmanyu Trivedi and Rahul Satija A bad bank in India that’s expected to launch this month may help reduce one of the world’s worst bad-loan piles but market participants…

Continue ReadingA $27 billion pile of debt looms over India’s new bad bank
IBBI plans a best practice Code for Committee of creditors

IBBI plans a best practice Code for Committee of creditors

  • Post author:Admin
  • Post published:17 June 2021
  • Post category:Economy
  • Post comments:0 Comments

The Insolvency and Bankruptcy Board of India (IBBI) is tightening the process for resolution of defaulting companies to avoid charges of bias and prejudice after a few cases ended up…

Continue ReadingIBBI plans a best practice Code for Committee of creditors
IBBI plans a best practice Code for Committee of creditors

IBBI plans a best practice Code for Committee of creditors

  • Post author:Admin
  • Post published:17 June 2021
  • Post category:Economy
  • Post comments:0 Comments

The Insolvency and Bankruptcy Board of India (IBBI) is tightening the process for resolution of defaulting companies to avoid charges of bias and prejudice after a few cases ended up…

Continue ReadingIBBI plans a best practice Code for Committee of creditors
Insolvency and Bankruptcy Board of India sets up online platforms amid Covid curbs

Insolvency and Bankruptcy Board of India sets up online platforms amid Covid curbs

  • Post author:Admin
  • Post published:13 April 2021
  • Post category:Economy
  • Post comments:0 Comments

The Insolvency and Bankruptcy Board of India (IBBI) is setting up two online platforms for selling distressed assets under Insolvency and Bankruptcy Code, opening up markets for soured debt involving…

Continue ReadingInsolvency and Bankruptcy Board of India sets up online platforms amid Covid curbs

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