Search For "bankruptcy code"
Digital education firm Educomp Solutions on road to revival
Updated : 7 years, 11 months ago IST
New Delhi [India], April 2 (ANI): Pioneering digital education company Educomp Solutions, which had filed for insolvency in May 2017, is reportedly now well on its way to revival with the help of the new Insolvency and Bankruptcy Code (IBC).
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IBBI notifies amendments to insolvency code; applicable from Apr 1
Updated : 7 years, 12 months ago IST
New Delhi [India], Mar. 29 (ANI): The Insolvency and Bankruptcy Board of India (IBBI) on Wednesday notified the Insolvency and Bankruptcy Board of India (Insolvency Professionals) (Amendment) Regulations, 2018 (Amendment Regulations), effective April 1.
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IBBI, RBI sign MoU for effective implementation of insolvency code
Updated : 8 years ago IST
New Delhi [India], Mar. 13 (ANI): The Insolvency and Bankruptcy Board of India (IBBI) signed a Memorandum of Understanding (MoU) with the Reserve Bank of India (RBI) for effective implementation of the Insolvency and Bankruptcy Code and its allied rules and regulations, through a quick and
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Unethical business practices a significant problem: Jaitley
Updated : 8 years, 1 month ago IST
New Delhi [India], Feb 24 (ANI): Finance Minister Arun Jaitley on Saturday said the lack of ethical practices in certain sections of business remains a cause of concern.
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Cabinet gives ex-post facto approval for IBC amendments
Updated : 8 years, 1 month ago IST
New Delhi [India] February 8 (ANI): The Union Cabinet chaired by Prime Minister Narendra Modi gave its ex-post facto approval for the amendments that were made in the Insolvency and Bankruptcy Code (IBC).
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CRISIL outlook on PSBs revised to 'stable' from 'negative'
Updated : 8 years, 1 month ago IST
New Delhi [India], Jan 27 (ANI): The economic outlook of the Indian public sector banks (PSBs) was revised from 'negative' to 'outlook' by credit rating body CRISIL.
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India's GDP to grow at 7.1% in 2018-19: India Ratings
Updated : 8 years, 2 months ago IST
New Delhi [India], Jan 19 (ANI): The Indian economy is expected to achieve 7.1 percent growth rate in the next fiscal, according to credit-rating body India Ratings.
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Govt relaxes provisions for levying Minimum Alternate Tax
Updated : 8 years, 2 months ago IST
New Delhi [India], Jan 6 (ANI): In a bid to minimise the hardship faced by companies against whom an application for corporate insolvency resolution process has been admitted under the Insolvency and Bankruptcy Code, 2016, the Centre on Saturday announced a relaxation in the provisions relat
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Lok Sabha passes Insolvency and Bankruptcy Code (Amendment) Bill
Updated : 8 years, 2 months ago IST
New Delhi [India], Dec 29 (ANI): The Lok Sabha on Friday passed the Insolvency and Bankruptcy Code (Amendment) Bill 2017. The new amendments are part of the ordinance that was brought in earlier last month.
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IBBI grants recognition to two registered valuers organizations
Updated : 8 years, 2 months ago IST
New Delhi [India], Dec 28 (ANI): The Insolvency and Bankruptcy Board of India (IBBI) recognised two registered valuers organisations, said the Ministry of Corporate Affairs on Thursday.
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IBBI's latest regulation enforces for greater grievance redressal
Updated : 8 years, 3 months ago IST
New Delhi [India], Dec 10 (ANI): The Insolvency and Bankruptcy Board of India (IBBI), in its recent notification, have called for greater grievance redressal through regulations which enable a stakeholder to file a grievance or a complaint against a service provider.
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S&P retains BBB- rating on India; keeps outlook stable
Updated : 8 years, 4 months ago IST
New Delhi [India], Nov 24 (ANI): Financial services company Standard & Poor's (S&P) on Friday retained its outlook on India as stable, and kept the rating unchanged at BBB-.
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