JSW Energy will wait for all regulatory clearances before committing acquisition funds for KSK Mahanadi Power and is seeking legal opinion on the subject as it awaits the anti-trust watchdog's…
The average time taken for resolution of stressed assets under the insolvency law reached a three-year high in the June quarter, according to a report. The longest delay was 643…
The Reserve Bank of India (RBI) believes that the Insolvency and Bankruptcy Code (IBC) is probably the best mechanism for creditors to recover their dues and said the right way…
Insolvency cases amounting to nearly Rs 10.5 lakh crore , excluding liquidation and certain other matters, have been disposed of by the National Company Law Tribunal (NCLT). The amount was…
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…
It has been thirty years since the big-picture reforms started in India with economic liberalisation in 1991. Over the past few years, the government has ushered a series of framework…
New Delhi, The government on Tuesday said that financial creditors have realised Rs 2.45 lakh crore or 36 per cent of their total claims under the insolvency resolution process till…
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…
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…
MUMBAI: With the insolvency law entering the fifth year, a leading resolution agency has emphasised the need for focusing on efficiency to ensure time-bound resolution as it averaged 440 days…