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Parliament passes bill to amend IBC Code
Updated : 6 years, 10 months ago IST
New Delhi [India], August 1 (ANI): The Parliament on Thursday passed the Insolvency and Bankruptcy Code (Amendment) Bill, 2019 that provides a 330-day timeline for insolvency resolution process and specifies minimum payouts to operational creditors in any resolution plan.
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Rajya Sabha approves Insolvency and Bankruptcy Code (Amendment) Bill, 2019
Updated : 6 years, 10 months ago IST
New Delhi (India), July 29 (ANI): The Rajya Sabha on Monday passed the Insolvency and Bankruptcy Code (Amendment) Bill, 2019 that seeks to speed up the entire process of bankruptcy resolution and setting deadlines for completion.
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IBC Amendment Bill to address concerns over delay in insolvency proceeding
Updated : 6 years, 10 months ago IST
New Delhi [India], July 29 (ANI): Union Finance Minister Nirmala Sitharaman on Monday the Insolvency and Bankruptcy Code Amendment Bill 2019 contains measures to dispel concerns over extensive litigation causing undue delays in insolvency proceedings.
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Cabinet approves proposal to carry out 7 amendments to Insolvency and Bank
Updated : 6 years, 10 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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