Search For "bankruptcy code"
President Kovind approves Insolvency and Bankruptcy Code amendment ordinan
Updated : 8 years, 4 months ago IST
New Delhi [India], Nov 23 (ANI): President Ram Nath Kovind on Thursday gave his consent to the ordinance for amendments to be made under the Insolvency and Bankruptcy Code, 2016.
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Cabinet approves ordinance to introduce changes to IBC
Updated : 8 years, 4 months ago IST
New Delhi [India], November 22 (ANI): The Union Cabinet on Wednesday approved an ordinance to introduce certain changes to the Insolvency and Bankruptcy Code (IBC).
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Jaitley bats for 'responsive and responsible banking'
Updated : 8 years, 4 months ago IST
Gurugram (Haryana) [India], November 12 (ANI): Union Finance Minister Arun Jaitley, in the wake of the investments made towards strengthening the banking system, on Sunday said that responsive and responsible banking must be encouraged to rejuvenate the system.
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Increasing FDI inflow testament to global confidence in Indian economy: Ja
Updated : 8 years, 5 months ago IST
Washington D.C. [USA], Oct. 13 (ANI): Union Finance Minister Arun Jaitley has stated that the Foreign Direct Investment (FDI) flows to India have increased in 2016-17, over that in 2015-16, indicating improve in the global confidence of the economy.
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As per changing laws, ICSI should modify courses: MoS Law Chaudhary
Updated : 8 years, 5 months ago IST
New Delhi [India], October 4 (ANI): Union Minister of State (MoS) for Law and Justice P P Chaudhary on Wednesday suggested that as per changing laws and codes, the Institute of Company Secretaries of India (ICSI) should modify its courses.
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RBI advises banks to allocate higher provisioning for 12 stressed accounts
Updated : 8 years, 7 months ago IST
New Delhi [India], June 27 (ANI): The Reserve Bank of India (RBI) on Tuesday issued an advisory letter to banks asking them to incorporate additional provisioning on the 12 loan accounts to be referred to the NCLT (National Company Law Tribunal) under the Insolvency and Bankruptcy Code (IBC)
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Insolvency, Bankruptcy Board invites comments from public for Liquidation
Updated : 8 years, 7 months ago IST
New Delhi [India], Feb 15 (ANI): The Ministry of Corporate Affairs on Wednesday announced the set-up of four working groups to facilitate implementation of the Insolvency and Bankruptcy Code, 2016.
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GST, demonetisation to have far reaching impact, says RBI governor
Updated : 8 years, 7 months ago IST
New Delhi [India], Jan 1 (ANI): The Reserve Bank of India (RBI) governor Urjit Patel has said that the nationwide Goods and Services Tax (GST) and legislation of bankruptcy code should impart resilience to the economy.
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Insolvency, Bankruptcy Code may help unlock NPAs worth Rs. 25k crore over
Updated : 8 years, 7 months ago IST
New Delhi [India], Nov 21 (ANI): Effective implementation of the Insolvency and Bankruptcy Code, 2016 can potentially release about Rs. 25,000 crore capital currently locked up in non-performing assets (NPAs) over next four to five years, noted a recent ASSOCHAM-Crisil joint study.
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World Bank to include GST, bankruptcy code in next report
Updated : 8 years, 7 months ago IST
New Delhi [India], Nov 1 (ANI): The World Bank in its latest 'Doing Business' 2017 report has suggested taking on board implementation of the Goods and Services Tax (GST) and enactment of the bankruptcy code.
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Implementation of Insolvency and Bankruptcy code will help in debt recover
Updated : 8 years, 7 months ago IST
New Delhi, Aug.8 (ANI):The Third FICCI-IBA Bankers survey was conducted during July 2016 for the period January-June 2016. The survey saw a participation of 20 banks including public, private and foreign banks.
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