Search For "insolvency and bankruptcy code ibc"
Proposed IBC amendments positive but miss real estate sector reforms: ICRA
Updated : 2 months, 2 weeks ago IST
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
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India's insolvency framework wins global praise; S&P upgrades ranking
Updated : 3 months, 1 week ago IST
S&P Global Ratings on Wednesday revised up its "jurisdiction ranking assessment" for India's insolvency regime to Group B from Group C.
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ED restitutes Rs 175-crore properties in Udaipur Real Estate fraud case be
Updated : 5 months ago IST
The properties, including 354 flats, 17 commercial units, and two plots, were restituted under the Insolvency and Bankruptcy Code (IBC), 2016.
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Parliamentary Standing Committee on Finance to meet today
Updated : 8 months, 1 week ago IST
Meanwhile, the central government is likely to bring an amendment in the Insolvency and Bankruptcy Code (IBC) in the upcoming monsoon session of Parliament, sources told ANI.
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Corporate insolvency cases fall 28% to 724 in FY2025; recoveries still low
Updated : 9 months, 2 weeks ago IST
Fewer companies went through the insolvency process under the Insolvency and Bankruptcy Code (IBC) in financial year (FY) 2025, according to the credit rating firm ICRA.
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Government likely to bring IBC amendment bill in Parliament's monsoon sess
Updated : 9 months, 4 weeks ago IST
The amendment in Section 31(4) of the Insolvency and Bankruptcy Code (IBC) will be made. This particular section mandates prior approval from the CCI for any resolution plan.
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IBC data provides valuable insights to handle complex cases: M Rajeshwar R
Updated : 1 year, 2 months ago IST
M Rajeshwar Rao, Deputy Governor of the Reserve Bank of India (RBI), highlighted the importance of institutionalising data under the Insolvency and Bankruptcy Code (IBC) to provide valuable insights and precedents for handling complex cases.
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ED restitutes assets worth Rs 4025 cr to JSW
Updated : 1 year, 3 months ago IST
The Directorate of Enforcement (ED) restituted assets worth Rs 4,025 crore to JSW, which was a Successful Resolution Applicant to the assets of erstwhile Bhushan Power and Steel Ltd under the Insolvency and Bankruptcy Code (IBC) corporate resolution process (CIRP).
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RBI Deputy Governor M Rajeshwar Rao highlights IBC's transformative impact
Updated : 1 year, 3 months ago IST
M Rajeshwar Rao, Deputy Governor, Reserve Bank of India (RBI) on Sunday highlighted the transformative journey of the Insolvency and Bankruptcy Code (IBC) since 2016, emphasising its critical role in improving bank asset quality and facilitating substantial pre-admission settlements of un
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India's manufacturing is all set to expand with robust foundations of refo
Updated : 1 year, 6 months ago IST
The stage is set for a new era of growth fuelled by recent reforms and strategic initiatives of the government. Over the past decade, key reforms such as the Make in India initiative, the Unified Payments Interface (UPI), the Real Estate Regulatory Authority (RERA), the Insolvency and Ban
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String Metaverse (Bio Green Papers, BSE: 534535) Reports Q1 FY25: Rs 50.02
Updated : 1 year, 7 months ago IST
New Delhi [India], August 16: String Metaverse LTD, following its merger with Bio Green Papers Limited (BSE: 534535) as approved by the Honourable National Company Law Tribunal (NCLT) under the scheme of arrangement of the Insolvency and Bankruptcy Code (IBC), has reported robust financial r
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Resolutions under IBC up by a record 42 pc in FY 2024; real estate and man
Updated : 1 year, 7 months ago IST
The Insolvency and Bankruptcy Code (IBC) recorded the highest-ever number of resolutions in fiscal 2024. In the year 269 cases received approval from the National Company Law Tribunal (NCLT) for resolution plans.
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