Tag: Insolvency Resolution Process
IBBI seeks to streamline real estate insolvency regulations with focus on homebuyers
The bankruptcy watchdog on Tuesday proposed a raft of steps, including the exclusion of completed or unaffected housing projects from the rescue process with financial…
Faster insolvency process proposed with creditor-led resolution framework
A compact process proposed to speed up insolvency resolution can be initiated only by financial creditors having a combined share of at least 51% in…
Agro insolvencies see surge in deal activity
Mumbai: Strategic buyers and investors are eyeing distressed agro industries and ancillary companies, attracted by the prospect of acquiring processing facilities, established supply chains and…
Union Cabinet approves key changes to IBC and Companies Act 2013
The Union Cabinet on Tuesday gave its approval to amendments in the Insolvency and Bankruptcy Code (IBC) as well as the Companies Act, 2013, according…
House panel calls for strict case disposal timeline by NCLAT
New Delhi: A parliamentary select committee has called on the government to stipulate a strict timeline for bankruptcy case disposal by the appellate authority, design…