The chair called Amar Patnaik (BJD) to initiate the debate on the bill
03 Aug 2021 4:05 PM
The move will help make the insolvency process more attractive for the bidders and instil confidence in them, sources said.
24 Nov 2019 5:29 PM
India has jumped 14 places to rank 63rd in the World Bank's ease of doing business ranking index and the country aims to be within 50.
24 Oct 2019 4:07 PM
Growth can come back. Because of a lot of (reforms), economy is in transition, said SBI chief Rajnish Kumar.
24 Oct 2019 12:36 PM
The banks should be looking at other options for recovering loans before invoking the IBC, said Corp Affairs Secy Injeti Srinivas.
14 Oct 2019 10:18 PM
The proposed waiver would be offered as part of 'Fresh Start' provisions under the Insolvency and Bankruptcy Code.
18 Aug 2019 2:17 PM
The bank has recovered about Rs 800 crore in the first quarter, said Syndicate Bank MD Mrutyunjay Mahapatra.
12 Aug 2019 5:06 PM
The court described remedies under the Consumer Protection Act, 1986, and RERA as “concurrent remedies”.
10 Aug 2019 1:24 AM
The bench said only genuine homebuyers can invoke insolvency proceedings against the builder.
09 Aug 2019 12:09 PM
NCLAT directed Corporate Affairs Ministry and IL&FS group to file a fresh progress report by September 3.
08 Aug 2019 8:43 PM
AK Mohanty said one month's salary should be released to Jet Airways employees for their basic survival.
06 Aug 2019 3:46 PM
Manish Gupta supported the Bill but added that the Bill should have been referred to a parliamentary panel for further scrutiny.
30 Jul 2019 9:47 AM
The banking system saw gross NPAs reaching a peak of 11.5 per cent in March 2018. In March 2019 NPAs stood at 9.3 per cent.
27 Jun 2019 2:00 PM
The decision was taken after a meeting of the lenders, as they have not yet received any concrete proposal for the airline.
18 Jun 2019 6:39 AM
RBI issued a framework for resolution of stressed assets, which give banks 30 days to review a borrower account before labelling it NPA.
10 Jun 2019 11:21 AM
A large part of existing investment is Singapore's government linked funds and private equity funds in India.
07 Jun 2019 12:50 PM
The SC had clarified that the Centre has to authorise the RBI to issue direction to banks/non-banks if it were an insolvency case.
07 Jun 2019 6:56 AM
According to Sahoo, the resolution plans have yielded about 200 per cent of liquidation value for creditors.
04 Jun 2019 2:17 AM
Banks recovered close to Rs 55,000 crore from the NCLT resolution, an official said.
25 May 2019 1:12 PM
The recovery rate for the 94 cases resolved through IBC by FY2018-19 is 43 per cent.
15 May 2019 8:49 AM