Tag: insolvency and bankruptcy code
Insolvency appeals are time-bound, no leeway beyond 45 days: NCLAT
New Delhi: The National Company Law Appellate Tribunal (NCLAT) has reiterated that proceedings under the Insolvency and Bankruptcy Code are time-bound and an appeal against…
Parliamentary panel backs govt steps to strengthen IBC recovery, seeks deeper action on fund diversion
New Delhi: A Parliamentary Standing Committee on Finance has backed steps taken by the government to strengthen recovery under the Insolvency and Bankruptcy Code (IBC),…
IBBI seeks tighter regulations around personal guarantors, valuation of insolvent firms
The insolvency regulator on Thursday proposed the withdrawal of interim moratorium protection for personal guarantors to a stressed firm, seeking to align the regulation with…
New valuation rules seek fairer outcomes in bankruptcy cases
New Delhi: The bankruptcy regulator on Monday issued a circular stipulating standardised formats and documentation requirements for the valuation of companies undergoing resolution under the…
Corporate affairs secy exhorts insolvency professionals to fast-track resolution
New Delhi: Corporate affairs secretary Deepti Gaur Mukerjee on Saturday called on insolvency professionals to “push boundaries of corporate turnaround” to rescue every possible insolvent…
SC puts cheque bounce-IBC issue before larger bench
The Supreme Court has sought an authoritative ruling by a larger bench on the interplay between insolvency moratorium provisions and cheque bounce prosecutions, referring to…
IBC 10-year anniversary scorecard: Over Rs 4 lakh crore realised, big implications for credit markets, economic efficiency
New Delhi: The Insolvency and Bankruptcy Code (IBC) completed 10 years of its existence today, marking an institutional transformation with far-reaching implications for credit markets…
Government operationalises amended insolvency law, sets 14-day admission deadline for NCLT
New Delhi: The corporate affairs ministry has notified May 26 as the date for operationalising dozens of sections and clauses of the amended insolvency law,…
Govt relaxes insolvency rules for MSMEs
New Delhi: The government has notified changes to the Insolvency & Bankruptcy Code, easing rules for resolution in micro, small, and medium enterprises (MSMEs), while…
More than 8,800 cases admitted under IBC, creditors realise over Rs 4.11 lakh cr till Dec 2025
New Delhi: More than 8,800 Corporate Insolvency Resolution Processes (CIRPs) were admitted under the Insolvency and Bankruptcy Code (IBC) until December 2025, with creditors realising…