Search For "insolvency and bankruptcy code"
Rajya Sabha passes Insolvency and Bankruptcy Code (Second Amendment) Bill,
Updated : 5 years, 5 months ago IST
New Delhi [India], September 19 (ANI): The Rajya Sabha on Saturday passed the Insolvency and Bankruptcy Code, 2016 (Second Amendment) Bill on Saturday.
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Nirmala Sitharaman moves bill in Rajya Sabha to amend Insolvency and Bank
Updated : 5 years, 5 months ago IST
New Delhi [India], September 19 (ANI): Union Finance Minister Nirmala Sitharaman on Saturday moved the bill for the amendment of the Insolvency and Bankruptcy Code, 2016 in the Rajya Sabha on Saturday.
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India's bank debt restructuring to delay NPL recognition: Fitch
Updated : 5 years, 7 months ago IST
Mumbai (Maharashtra) [India], Aug 11 (ANI): The Reserve Bank of India's (RBI's) recent proposal to allow banks to restructure many types of loans will extend uncertainty over the banking sector's asset quality, Fitch Ratings said on Tuesday.
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Plea challenges IBC (Amendment) Ordinance 2020, Delhi HC issues notice
Updated : 5 years, 7 months ago IST
New Delhi [India], July 28 (ANI): The Delhi High Court on Tuesday issued a notice to the central government on a petition challenging the constitutional validity of the Insolvency and Bankruptcy Code (Amendment) Ordinance, 2020, suspending provisions of Section 7, 9 and Section 10 of the Ins
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IL&FS board upgrades estimates of debt addressed to over Rs 57,000 cro
Updated : 5 years, 7 months ago IST
Mumbai (Maharashtra) [India], July 20 (ANI): The new board of IL&FS Ltd on Monday shared an update on the progress of ongoing resolution process across the group and revised its estimates of debt being addressed to well above 50 per cent of the overall debt of over Rs 99,000 crore.
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Amendments made in IBC by enhancing default limit from Rs 1 lakh to Rs 1 c
Updated : 5 years, 9 months ago IST
New Delhi [India], May 30 (ANI): Amendments have been made in the Insolvency and Bankruptcy Code (IBC) by enhancing the default limit from Rs 1 lakh to Rs 1 crore.
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IBC extension, reforms, focus on rural economy among laudable features of
Updated : 5 years, 10 months ago IST
New Delhi [India], May 17 (ANI): Describing emergent measures like one-year abeyance for the insolvency proceedings under Insolvency and Bankruptcy Code (IBC) and further reducing company law compliance burden as a hallmark of an agile and responsive government, the ASSOCHAM today said the P
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Coronavirus-related debts to be excluded from defaults under IBC
Updated : 5 years, 10 months ago IST
New Delhi [India], May 17 (ANI): Corporate debts related to COVID-19 pandemic will be excluded from default category under the Insolvency and Bankruptcy Code (IBC) for a period of up to one year, Finance Minister Nirmala Sitharaman said on Sunday.
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BJP issues whip to its RS MPs, asks them to be present on Thursday
Updated : 6 years ago IST
New Delhi [India], Mar 11 (ANI): The Bharatiya Janata Party (BJP) on Wednesday issued a whip to its Rajya Sabha MPs to be present in House on March 12.
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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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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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