Tag: Insolvency and Bankruptcy Board of India
Posted in Economy
IBBI proposes mandatory monitoring committees for resolution plans
The Insolvency and Bankruptcy Board of India (IBBI) has proposed monitoring committees for implementing resolution plans under the Insolvency and Bankruptcy Code (IBC) rules. These…
Posted in Economy
IBBI amends rules to enhance interim representation for creditors in insolvency process
The IBBI has amended the Insolvency Resolution Process for Corporate Persons norms to introduce significant changes to enhance creditor representation in the insolvency process. The…
Posted in Economy
NCLT: Rescues for large defaulters may strike an informal note
The Centre would soon put in place a creditor-led insolvency resolution mechanism, largely involving out-of-court arrangements for even big loan default accounts, to ease the…
Posted in Economy
Bankruptcy: IBBI issues guidelines for creditors in insolvency process
The Insolvency and Bankruptcy Board of India (IBBI) the regulator for bankruptcy proceedings in the country has issued 15 point guidelines to the committee of…