Tag: insolvency and bankruptcy code
Posted in Economy
No priority for worker dues after liquidation under IBC
The Supreme Court on Tuesday endorsed a provision of the Companies Act, 2013, that says workers’ dues will not get preferential payment in case of…
Posted in Economy
Surge in personal guarantor cases under IBC in FY23
Personal guarantors of loans taken by bankrupt companies are in the dock as lenders are increasingly invoking such guarantees under the Insolvency and Bankruptcy Code…
Posted in Economy
Budget provides buffer from global challenges: Parameswaran Iyer
The Union Budget 2023 will help provide the needed buffer from global economic challenges with focus on incentivising capex while promoting fiscal discipline and fostering…