Search For "insolvency and bankruptcy code 2016"
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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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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Cabinet approves Insolvency and Bankruptcy Code (Second Amendment) Bill, 2
Updated : 6 years, 3 months ago IST
New Delhi [India], Dec 11 (ANI): The Union Cabinet, chaired by Prime Minister Narendra Modi, on Wednesday approved the proposal to make amendments in the Insolvency and Bankruptcy Code, 2016 (Code), through the Insolvency and Bankruptcy Code (Second Amendment) Bill, 2019.
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Resolution of stressed construction companies a challenge even under revam
Updated : 6 years, 7 months ago IST
New Delhi [India], Aug 5 (ANI): ICRA Ratings said on Monday it sees significant challenges in the resolution of stressed construction companies, which has the likelihood of delaying the process and reducing the realisable value considerably.
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Cabinet approves proposal to carry out 7 amendments to Insolvency and Bank
Updated : 6 years, 8 months ago IST
New Delhi [India], July 17 (ANI): The Union Cabinet on Wednesday approved the proposal to carry out 7 amendments to the Insolvency and Bankruptcy Code, 2016 through the Insolvency and Bankruptcy Code (Amendment) Bill, 2019.
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Individual borrowers to be brought under Insolvency code
Updated : 7 years, 11 months ago IST
New Delhi [India], Apr. 4 (ANI): Ministry of Corporate Affairs Secretary Injeti Srinivas on Wednesday noted that individual borrowers would be brought under the ambit of the Insolvency and Bankruptcy Code, 2016 (IBC) in due time.
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ICICI examines pending insolvency cases in Board meeting
Updated : 7 years, 11 months ago IST
Mumbai (Maharashtra) [India], Apr. 2 (ANI): In its first board meeting after a controversy erupted involving Chanda Kochhar and the Videocon Group, leading private lender ICICI Bank examined insolvency cases pending before the National Company Law Tribunal (NCLT) under the Insolvency and Ban
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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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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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S&P retains BBB- rating on India; keeps outlook stable
Updated : 8 years, 3 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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President Kovind approves Insolvency and Bankruptcy Code amendment ordinan
Updated : 8 years, 3 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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Insolvency, Bankruptcy Board invites comments from public for Liquidation
Updated : 8 years, 6 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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