The proposed amendments to the Insolvency and Bankruptcy Code (IBC) are encouraging. They could help improve recovery rates and reduce resolution timelines. Still, credit rating agency ICRA noted that the changes do not address long-standing structural issues in the real estate sector, which
Progress on the cases that were admitted at NCLT, those which were resolved at NCLT and the ones disposed off outside the IBC was acknowledged. The review of major cases awaiting admission and resolution at the NCLT benches was undertaken. Secretary (DFS) emphasised that the timelines in
Union Minister for Environment, Forest and Climate Change, Bhupender Yadav, addressed the High-Level Ministerial Segment on the International Big Cat Alliance (IBCA) at UNFCCC CoP30 in Belem, Brazil, on Monday.
The Islamabad Bar Council (IBC) and the Rawalpindi District Bar Association harshly condemned the terrorist assault on the district and sessions courts complex in Islamabad's G-11 area, which claimed multiple lives and left dozens wounded, including members of the legal community, as repo
Conglomerate Jaiprakash Associates Limited, which has been under deep financial stress along with several financial creditors and thousands of homebuyers, will soon see light at the end of the tunnel with the resolution process expected to conclude soon, sources in the know said Sunday.
The Select Committee on Insolvency and Bankruptcy Code (Amendment) Bill, 2025, headed by MP Baijayant Panda, has invited views and suggestions on the Bill from experts, industry associations, organizations, and stakeholders.
Former President Ram Nath Kovind inaugurated a four-day unique tribal art exhibition titled 'Silent Conversation: From Margins to the Centre' at the India Habitat Centre in New Delhi, on Thursday.
Bharatiya Janata Party MP Baijayant Panda has been appointed as the Chairperson of the Select Committee of Lok Sabha on the Insolvency and Bankruptcy Code (Amendment) Bill, 2025.