Bankruptcy Laws News

Companies are complaining about the endless host of litigation that they face under IBC codeOperational creditors, who are unhappy with the settlements, often stall the insolvency process

Under the so-called 'pre-packaged' bankruptcy schemes, creditors and shareholders will approach a bankruptcy court with a pre-negotiated reorganization plan, as prevalent in countries such as the US and the UK

Home buyers who, as financial creditors, will now be able to decide the future of defaulting builders alongside their lenders

The dilution of the insolvency and bankruptcy code is perhaps a small price to pay for speeding up its use in getting the highest value from an asset in the shortest possible time, and that is really the core spirit of the law

Enabling MSME promoters to bid for their firms under insolvency and bankruptcy code will help in speedy resolution of NPA cases, says FICCI president Rashesh Shah

The Insolvency and Bankruptcy Code, 2016 is open for comments till December; the amendments will get enforced from 1 April 2019. Ashwini Kumar Sharma asked experts on what should be changed

The accumulation of bankruptcy cases means that it sometimes takes about six months just to get a new insolvency case admitted to court

The government brought in the Insolvency and Bankruptcy Code and now it should uphold RBI's efforts in bad loan resolution

The corporate affairs ministry will seek cabinet approval to amend the Insolvency and Bankruptcy Code of 2016 through a Bill. Here is what the report recommends

The corporate affairs ministry is finalizing a series of IBC amendments as the government wants to decisively deal with business failures that slow down the Indian economy