Tag: insolvency and bankruptcy code
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…
IBBI panel suggests project-wise insolvency resolution for real estate sector
A panel set up by the insolvency regulator has suggested that the bankruptcy proceeding be restricted to only stressed projects of a real estate developer…
NeSL enabling real-time access to digital debt & claims data in insolvency cases
New Delhi: Information utility National E-Governance Services Ltd (NeSL) is enabling real-time access of digital records of default (RoDs) for adjudicating authorities, to quickly retrieve…
New creditor-led IBC framework to put in place safeguards for stressed firm’s management
The management of a stressed company undergoing the new creditor-initiated insolvency resolution process (CIIRP) will likely be subject to checks and balances, including limits on…