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Latest Articles in Bankruptcy code

Lok Sabha Adjourned Till March 11, Two Bills To Replace Ordinances Passed Amid Din

The Mineral Laws (Amendment) Bill, 2020 was taken up for passage on Thursday but could not be passed.

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Sitharaman To Move Insolvency And Bankruptcy Code (Second Amendment) Bill, 2019 In Lok Sabha

The amendments will remove certain ambiguities in the IBC 2016 and ensure smooth implementation of the code, an official statement said.

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Unlocking Bankruptcy Code

The essence of the IBC is speed. The bankruptcy code mandates a 270-day deadline for resolving insolvency cases. But the IBC had not accounted for the ingenuity – more accurately, cussedness – of Indian promoters

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Reboot Bankruptcy Code

Speed and clarity are of the essence if the IBC is to live up to its promise of cleaning up bank balance sheets

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Ease Of Doing Business: One More Effective Step For A Progressive Economy

To address the challenges and promote ease of doing business, the Companies Bill, 2016 was framed which received Presidential assent on 3rd January 2018. The amended act eases several implementation challenges and contains clarificatory amendments

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Bank NPAs Register Significant Growth During Jan-Jun: Survey

The Ficci-IBA survey carried out for January-June revealed that NPAs in public sector banks shot up considerably, with 91 per cent respondents from public sector banks reporting an increase

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Insolvency & Bankruptcy Code: Debt Restructuring & Managing NPA In India

RBI has allowed banks to take equity in debt laden firms permitting them to split total loans of struggling companies into sustainable and unsustainable based on the cash flows of the projects

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Mutual Fund Markets To Be Strengthened: Ajay Tyagi, Sebi

Tyagi clarified that the growth of financial markets was not a ‘bubble effect’ but due to the strong macroeconomic fundamentals of the country

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Wait And Watch: The Year Ahead

What 2017 will not yet bring is the happy arrival of an honest citizenry or a transparent bureaucracy or an enlightened political class

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Strong Banking System For Supporting Growth A Top Priority: Arun Jaitley

Finance Minister Arun Jaitley on Thursday said strengthening the banking system to support economic growth is 'top priority' for the government now, and listed out a slew of regulatory and legislative changes which have been initiated for this

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The Insolvency And Bankruptcy Code, 2016

A Code, as per black's law dictionary, is defined as 'a collection or compendium of laws' and in legal parlance refers to a systematic and comprehensive compilation of laws, rules or regulations that are consolidated and classified according to subject matter

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Bankruptcy Code Very Positive Financial Sector Reform: Nomura

The Insolvency and Bankruptcy Code will help improve the ease of doing business and will be a big positive for the banking sector as it aims to ensure a consolidated legal framework for resolving bankruptcy

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India To Take On Defaulters As Parliament Approves Bankruptcy Bill

The Rajya Sabha has passed a new bankruptcy code, as the opposition swung behind measures to take tougher action against corporate defaulters and help banks recover over $120 billion in troubled loans

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Parliament Passes Bankruptcy Code Bill

After the Narendra Modi government suffered an embarrassment over the Uttarakhand fiasco, it was being feared that the Congress might stall the passage of the bill

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Bankruptcy Code To Be Taken Up For Discussion Today: FM Arun Jaitley

Enactment of the bankruptcy code is expected to improve India's position in the World Bank ease of doing business ranking significantly.

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