Category: News

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New-look inter-creditor agreement on the cards as IBC process suspended

New-look inter-creditor agreement on the cards as IBC process suspended

The stage has been set for a major relook at banks’ inter-creditor ag [...]
Suspension – Boon or bane for the Insolvency and Bankruptcy Code

Suspension – Boon or bane for the Insolvency and Bankruptcy Code

Hon’ble Finance Minister Nirmala Sitharaman announced on Sunday, as p [...]
NBFCs urge RBI to allow draw-down from reserves for provisioning

NBFCs urge RBI to allow draw-down from reserves for provisioning

MUMBAI: Non-banking financial companies (NBFCs) on Friday requested t [...]
SC notice to Centre, RBI for clarity on moratorium

SC notice to Centre, RBI for clarity on moratorium

The Supreme Court on Friday issued notices to the Union government an [...]
Jaypee Infra resolution: Jaiprakash Associates moves NCLAT against NCLT order

Jaypee Infra resolution: Jaiprakash Associates moves NCLAT against NCLT order

Jaiprakash Associates (JAL), the parent firm of Jaypee Infratech (JIL [...]
Getting a move on: Is it time for pre-packaged insolvency in India?

Getting a move on: Is it time for pre-packaged insolvency in India?

The Insolvency and Bankruptcy Code, 2016 (Code) in India has undoubte [...]
Deadline for DHFL resolution bids may be extended again

Deadline for DHFL resolution bids may be extended again

The deadline for submitting resolution plans for debt-ridden Dewan Ho [...]
RBI to reshuffle foreign currency asset weightages

RBI to reshuffle foreign currency asset weightages

The uncertainties surrounding the covid-19 pandemic has forced the Re [...]
NCLT refuses petition against India Steel

NCLT refuses petition against India Steel

MUMBAI: The National Company Law Tribunal has refused to admit an ins [...]
IBC: Much needed to boost credit flow and the economy

IBC: Much needed to boost credit flow and the economy

The global financial news reveals an increase in bankruptcies due to [...]
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