Search For "operational creditors"
Insolvency and Bankruptcy Board regulations amended
Updated : 3 years, 11 months ago IST
New Delhi [India], June 16 (ANI): The Insolvency and Bankruptcy Board of India has notified the Insolvency and Bankruptcy Board of India (Insolvency Resolution Process for Corporate Persons) (Second Amendment) Regulations, 2016, the Ministry of Corporate Affairs said on Wednesday.
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Essar Steel Insolvency: SC sets aside NCLT order, upholds rights of lender
Updated : 2 years, 7 months ago IST
New Delhi [India], Nov 15 (ANI): The Supreme Court on Friday allowed a petition filed by Committee of Creditors of Essar Steel India and set aside the National Company Law Tribunal (NCLT) order which had provided for an equal distribution of proceeds between financial and operational credito
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Parliament passes bill to amend IBC Code
Updated : 6 years, 9 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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LS takes up for discussion Insolvency Code (Amendment) Bill
Updated : 6 years, 9 months ago IST
New Delhi [India], Aug 1 (ANI): The Lok Sabha on Thursday took up for discussion a Bill that seeks to provide a 330-day timeline for insolvency resolution process and specifies minimum payouts to operational creditors in any resolution plan.
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