Search For "bankruptcy code"
Insolvency and Bankruptcy Code helped banks to recover from NPA: Nirmala S
Updated : 1 year, 10 months ago IST
Citing the success of the IBC, she mentioned that World Bank, in its 2019 report, noted that India's 2016 insolvency regime reform increased creditor recovery rates from 26.5 to 71.6 cents on the dollar, making India 'by far the best performer in South Asia' and surpassing even the averag
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With clean balance-sheet Indian Banking sector has enough opportunity for
Updated : 1 year, 10 months ago IST
India's banking sector is ready and fit to support the growth of India in the coming years highlights KV Kamath, Chairman, National Bank for Financing Infrastructure & Development in an exclusive conversation with ANI.
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"Insolvency and Bankruptcy Code a crucial milestone in the economic reform
Updated : 2 years, 7 months ago IST
Stressing that the Insolvency and Bankruptcy Code, implemented in 2016, is a crucial milestone in the economic reforms, Prime Minister Narendra Modi on Saturday said that India, which used to be counted among the "Fragile Five" economies, is now being considered a bright spot in the globa
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Cyril Amarchand Mangaldas advises on CIRP of Sharon Bio-Medicine
Updated : 2 years, 7 months ago IST
Mumbai (Maharashtra)/ New Delhi [India], August 2: Cyril Amarchand Mangaldas acted as legal counsel for Resolution Professional (RP) and Monitoring Committee of Sharon Bio-Medicine Limited in the corporate insolvency resolution process (CIRP) of Sharon Bio-Medicine Limited (Sharon), a listed
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Cyril Amarchand Mangaldas advises JSW Steel Coated Products on CIRP of Nat
Updated : 2 years, 8 months ago IST
Mumbai (Maharashtra)/ New Delhi [India], July 7: Cyril Amarchand Mangaldas advised and represented JSW Steel Coated Products Limited (JSW Steel Coated Products) in connection with the submission and implementation of a resolution plan for National Steel & Agro Industries Limited ("Target
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Introducing a comprehensive & practical guide to navigate the Insolven
Updated : 2 years, 8 months ago IST
New Delhi [India], July 3: The Indian business community, financial institutions, and stakeholders have long grappled with the challenges of resolving financial distress in businesses. However, with the dawn of the Insolvency and Bankruptcy Code, 2016 (IBC), a new era of comprehensive legal
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SC to examine whether Resolution Professional will be considered public se
Updated : 2 years, 9 months ago IST
A vacation Bench comprising Justice AS Bopanna and Justice Prashant Kumar Mishra on Wednesday issued notice to the respondents.
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NCLT decision is historic, in line with spirit of Insolvency and Bankruptc
Updated : 2 years, 10 months ago IST
Go First Airline Chief Executive Officer Kaushik Khona on Wednesday said the airline was grateful for the entire process of NCLT and noted that this is in line with the spirit of the Insolvency and Bankruptcy Code (IBC)
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NCLT admits Go First's plea for insolvency proceedings
Updated : 2 years, 10 months ago IST
The NCLT, the President Justice Ramalingam Sudhakar and technical member LN Gupta announced the order, adding, "We appoint Abhilash Lal as IRP (Insolvency Resolution Professional). Suspended board of directors will cooperate with the IRP."
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NCLT to pronounce order on Go First Airline's bankruptcy plea tomorrow
Updated : 2 years, 10 months ago IST
The Budget airline had filed a petition with the National Company Law Tribunal (NCLT), seeking protection under the bankruptcy law.
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NCLT court reserves order on Go First's plea seeking interim moratorium
Updated : 2 years, 10 months ago IST
"We are reserving the order," said the NCLT two-judge bench of the Delhi office, headed by Justice Ramalingam Sudhakar, and a technical member LN Gupta.
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India poised to become 3rd largest construction market in next 2-3 yrs: Pi
Updated : 2 years, 11 months ago IST
Real Estate Regulatory Authority has played a transformational role in formalising the sector and bringing transparency and better governance practices, Piyush Goyal said.
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