Search For "bankruptcy"
Both Houses of Parliament adjourned amid uproar by Opposition
Updated : 6 years ago IST
New Delhi [India], Mar 11 (ANI): Both Lok Sabha and Rajya Sabha were adjourned on Wednesday till 12.30 pm and 2 pm respectively after an uproar by the Opposition.
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76 steps taken to ensure wealth creators treated with respect, says Sithar
Updated : 6 years ago IST
New Delhi [India], Mar 6 (ANI): Union Finance Minister Nirmala Sitharaman on Friday said that the government has taken 76 steps to remove 65 sections of criminalities in Companies Act so as to ensure our commitment that wealth creators of this country-Big, Small and large companies will b
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Lok Sabha adjourned till March 11, two bills to replace ordinances passed
Updated : 6 years ago IST
New Delhi [India], Mar 6 (ANI): Lok Sabha was on Friday adjourned till March 11 after two bills that will replace ordinances were passed amid din in the House.
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IBC has changed the culture; earlier regime was favorable to defaulting in
Updated : 6 years ago IST
New Delhi [India], Mar 6 (ANI): Justice NV Ramana, a judge in the Supreme Court, on Friday said that the Insolvency and Bankruptcy Code, 2016 has changed the culture in the country adding that the earlier regime was more favourable to defaulting industrialists.
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Sitharaman to move Insolvency and Bankruptcy Code (Second Amendment) Bill,
Updated : 6 years ago IST
New Delhi [India], Mar 6 (ANI): Union Finance Minister Nirmala Sitharaman on Friday will move the Insolvency and Bankruptcy Code (Second Amendment) Bill, 2019 for consideration and passing in Lok Sabha.
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Debt-ridden DHFL posts Q3 net profit at Rs 934 crore
Updated : 6 years ago IST
Mumbai (Maharashtra) [India], Feb 20 (ANI): Debt-ridden mortgage lender Dewan Housing Finance Corporation Ltd (DHFL) on Thursday reported a standalone net profit of Rs 934 crore in the third quarter of current financial year as against a loss of Rs 6,705 crore in the same period of previous
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Congress leader Sandeep Dixit slams Centre over Air India disinvestment
Updated : 6 years, 1 month ago IST
New Delhi [India], Jan 27 (ANI): Congress leader Sandeep Dixit on Monday slammed the Bharatiya Janata Party (BJP) led Central government stating that the disinvestment of Air India shows 'country standing on brink of bankruptcy'.
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Union Cabinet clears proposed change to Insolvency and Bankruptcy Amendmen
Updated : 6 years, 2 months ago IST
New Delhi [India], Jan 9 (ANI/NewsVoir): Recently the Union Cabinet has cleared a proposed change to Section 7 of the Insolvency and Bankruptcy Amendment Bill (2019) which suggests that at least 100 or 10 per cent of the total buyers, whichever is lower in a real estate project will have to
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IBBI amends Insolvency and Bankruptcy Board of India (Liquidation Process)
Updated : 6 years, 2 months ago IST
New Delhi [India], Jan 7 (ANI): The Insolvency and Bankruptcy Board of India (IBBI) has notified the Insolvency and Bankruptcy Board of India (Liquidation Process) Amendment Regulations 2020.
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Cabinet approves promulgation of IBC (Amendment) Ordinance 2019
Updated : 6 years, 2 months ago IST
New Delhi [India], Dec 24 (ANI): The Union Cabinet on Tuesday approved a proposal to promulgate an ordinance to amend the Insolvency and Bankruptcy Code (IBC) 2016.
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9,653 cases resolved under IBC: Corporate Affairs Ministry
Updated : 6 years, 3 months ago IST
New Delhi [India], Dec 15 (ANI): Out of 21,136 applications filed, 9,653 cases involving a total amount of approximately Rs 3,74,931.30 crore have been disposed of at the pre-admission stage of Insolvency and Bankruptcy Code, 2016 (IBC) so far, said the Ministry of Corporate Affairs on Sunda
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Bill to amend insolvency and bankruptcy code introduced in Lok Sabha
Updated : 6 years, 3 months ago IST
New Delhi [India], Dec 12 (ANI): A bill was introduced in the Lok Sabha on Thursday which seeks to remove bottlenecks, streamline the Corporate Insolvency Resolution Process (CIRP) and protection of last-mile funding to boost investment in financially distressed sectors.
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