Search For "insolvency"
Centre approves ordinance to amend insolvency code
Updated : 7 years, 9 months ago IST
New Delhi [India], May 23 (ANI): The Centre has approved an ordinance to amend the Insolvency and Bankruptcy Code (IBC), providing a relief to home buyers.
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NCLT approves insolvency resolution plea of Era Infra
Updated : 7 years, 10 months ago IST
New Delhi [India], May 8 (ANI): The National Company Law Tribunal (NCLT) on Tuesday approved the Union Bank of India's insolvency resolution plea against Era Infra Engineering.
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Lack of corporate governance being tackled: ASSOCHAM
Updated : 7 years, 10 months ago IST
New Delhi [India], May 6 (ANI): Amid rising cases of insolvency in the corporate sector, the ASSOCHAM noted that the Indian stock market is showing an increasing tendency for zero tolerance for any perceived dishonesty on the part of companies, expecting them to remain fully transparent a
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IBC, RERA pitted against each other; need reconciliation: ASSOCHAM
Updated : 7 years, 10 months ago IST
New Delhi [India], Apr. 22 (ANI): The two laws enacted in 2016 may have the best of intentions, but the Insolvency and Bankruptcy Code (Code) and the Real Estate (Regulation and Development) Act appear to be pitted against each other when it comes to resolving interest of bankers and home-bu
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IOB inks information utility pact with NeSL
Updated : 7 years, 10 months ago IST
Chennai (Tamil Nadu) [India], Apr. 21 (ANI): Indian Overseas Bank (IOB), one of the leading public sector banks, on Friday entered into an agreement for information utility services with the National E-Governance Services Limited (NeSL).
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Twin balance sheet problem nearing resolution: ASSOCHAM
Updated : 7 years, 11 months ago IST
New Delhi [India], Apr. 15 (ANI): The long-pending problem of twin balance sheets of banks and highly leveraged corporate firms is likely to be resolved reasonably in the forthcoming quarters, the ASSOCHAM said on Sunday.
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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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ICICI Board to meet today
Updated : 7 years, 11 months ago IST
New Delhi [India], Apr. 2 (ANI): ICICI Bank's board will meet on Monday to review the insolvency cases before National Company Law Tribunal.
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Digital education firm Educomp Solutions on road to revival
Updated : 7 years, 11 months ago IST
New Delhi [India], April 2 (ANI): Pioneering digital education company Educomp Solutions, which had filed for insolvency in May 2017, is reportedly now well on its way to revival with the help of the new Insolvency and Bankruptcy Code (IBC).
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IBBI notifies amendments to insolvency code; applicable from Apr 1
Updated : 7 years, 11 months ago IST
New Delhi [India], Mar. 29 (ANI): The Insolvency and Bankruptcy Board of India (IBBI) on Wednesday notified the Insolvency and Bankruptcy Board of India (Insolvency Professionals) (Amendment) Regulations, 2018 (Amendment Regulations), effective April 1.
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IBBI, RBI sign MoU for effective implementation of insolvency code
Updated : 8 years ago IST
New Delhi [India], Mar. 13 (ANI): The Insolvency and Bankruptcy Board of India (IBBI) signed a Memorandum of Understanding (MoU) with the Reserve Bank of India (RBI) for effective implementation of the Insolvency and Bankruptcy Code and its allied rules and regulations, through a quick and
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