Search For "insolvency"
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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Cabinet approves ordinance to introduce changes to IBC
Updated : 8 years, 3 months ago IST
New Delhi [India], November 22 (ANI): The Union Cabinet on Wednesday approved an ordinance to introduce certain changes to the Insolvency and Bankruptcy Code (IBC).
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Jaitley bats for 'responsive and responsible banking'
Updated : 8 years, 4 months ago IST
Gurugram (Haryana) [India], November 12 (ANI): Union Finance Minister Arun Jaitley, in the wake of the investments made towards strengthening the banking system, on Sunday said that responsive and responsible banking must be encouraged to rejuvenate the system.
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IBBI strengthens norms for resolution plan approval
Updated : 8 years, 4 months ago IST
New Delhi [India], November 7 (ANI): The Insolvency and Bankruptcy Board of India (IBBI) on Tuesday amended its corporate insolvency resolution process regulations to ensure that as part of due diligence prior to approval of a resolution plan, the antecedents, credit worthiness and credibili
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Increasing FDI inflow testament to global confidence in Indian economy: Ja
Updated : 8 years, 5 months ago IST
Washington D.C. [USA], Oct. 13 (ANI): Union Finance Minister Arun Jaitley has stated that the Foreign Direct Investment (FDI) flows to India have increased in 2016-17, over that in 2015-16, indicating improve in the global confidence of the economy.
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As per changing laws, ICSI should modify courses: MoS Law Chaudhary
Updated : 8 years, 5 months ago IST
New Delhi [India], October 4 (ANI): Union Minister of State (MoS) for Law and Justice P P Chaudhary on Wednesday suggested that as per changing laws and codes, the Institute of Company Secretaries of India (ICSI) should modify its courses.
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Insolvency case: SC directs NCLT-appointed IRP to take over Jaypee's manag
Updated : 8 years, 6 months ago IST
New Delhi [India], Sep 11 (ANI): The Supreme Court on Monday directed National Company Law Tribunal (NCLT)-appointed Interim Resolution Professional (IRP) to take over Jaypee associates' management to work out a plan to protect the interests of homebuyers and creditors and also asked the rea
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RBI advises banks to allocate higher provisioning for 12 stressed accounts
Updated : 8 years, 6 months ago IST
New Delhi [India], June 27 (ANI): The Reserve Bank of India (RBI) on Tuesday issued an advisory letter to banks asking them to incorporate additional provisioning on the 12 loan accounts to be referred to the NCLT (National Company Law Tribunal) under the Insolvency and Bankruptcy Code (IBC)
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IBBI notifies fast track Insolvency Resolution Process for Corporate Perso
Updated : 8 years, 6 months ago IST
New Delhi [India], June 16 (ANI): The Insolvency and Bankruptcy Board of India (IBBI) on Friday notified the Insolvency and Bankruptcy Board of India (Fast Track Insolvency Resolution Process for Corporate Persons) Regulations, 2017.
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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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Insolvency, Bankruptcy Code may help unlock NPAs worth Rs. 25k crore over
Updated : 8 years, 6 months ago IST
New Delhi [India], Nov 21 (ANI): Effective implementation of the Insolvency and Bankruptcy Code, 2016 can potentially release about Rs. 25,000 crore capital currently locked up in non-performing assets (NPAs) over next four to five years, noted a recent ASSOCHAM-Crisil joint study.
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