Tag: insolvency resolution
IBBI moots mediation between operational creditors & stressed companies
New Delhi: Operational creditors of a stressed firm including vendors and raw material suppliers will be able to explore mediation for the settlement of dues…
nclt: Behind India’s slow-moving IBC regime, an NCLT hamstrung by too many vacancies
NEW DELHI: The National Company Law Tribunal (NCLT) faces significant operational challenges due to vacant positions, a ToI report highlighted on October 15. Out of…
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…
litigation funding startups: Litigation funding startups eyeing arbitration and insolvency resolution cases
From funding the corporate insolvency resolution process (CIRP) of bankrupt companies to providing financial support to fight arbitration suits or even helping companies find sector…
Insolvency resolution requires innovation; over regulation is not a solution: IBBI chief Ravi Mital
Amid instances of long delays in insolvency resolution process of various companies, IBBI chief Ravi Mital on Thursday said resolution requires innovation and “over regulation…