Insolvency and Bankruptcy Code

Finance

11 January, 2024

RBI chief favours financial creditor-led resolution framework for stressed assets

Amendments to India's bankruptcy law should focus on a financial creditor-led framework for resolution of stressed assets, the governor of ......

Infrastructure

06 September, 2022

NTPC marks first acquisition under IBC

State-run power major NTPC has acquired Jhabua Power Limited (JPL) through the Insolvency and Bankruptcy Code (IBC) process. It is the ......

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Finance

01 September, 2022

The bad news about the market for bad loans

In 2017, when the Insolvency and Bankruptcy Code (IBC) was passed, he was among many investors who saw a golden ......

Finance

31 January, 2022

Over 18,600 stressed assets worth Rs 5.9 lakh cr resolved before bankruptcy admission: Economic Survey

At least 18,629 applications of distressed companies with debt worth over Rs 5.89 lakh crore (trillion) which filed for bankruptcy ......

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Finance

22 July, 2021

NCLTs lash out at insolvency resolution professionals over steep haircuts

“Get better resolutions…reduce haircuts…will not approve the plans with low value offerings...”  These are some of the latest pronouncements heard at ......

Finance

25 September, 2020

Govt extends suspension of bankruptcy filings

The Indian government on Thursday said it had extended a suspension of bankruptcy filings until December, a decision aimed at ......

Manufacturing

14 September, 2020

Amtek Auto's three-year-long quest to come out of bankruptcy gets longer

Amtek Auto Ltd’s debt resolution process has hit another hurdle as US hedge fund Deccan Value Investors, which received court ......

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Finance

28 August, 2020

Why RBI nixing UV ARC's plan to buy Aircel is bad news for all stressed assets

The resolution of distressed assets under the Insolvency and Bankruptcy Code (IBC) has hit a big stumbling block with the ......

Insights Focus

07 August, 2020

The impact of COVID-19 on new and existing stressed assets: Navigating the challenges

COVID 19 and consequent lockdowns have caused economic disruptions across the world, on account of disrupted supply chains and altered ......

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Finance

06 August, 2020

Not right to drag all distressed companies into insolvency: SBI MD

Indian banks and financial regulators should look for solutions outside the bankruptcy law to deal with stressed assets that will ......