Monday, Jan 30, 2023 | Last Update : 09:39 AM IST

insolvency and bankruptcy code Page-2

Essar Steel shareholder seeks rejection of ArcelorMittal bid for company

Essar Steel shareholder ESAHL said ArcelorMittal India Ltd and its promoter Lakshmi Mittal had 'misled' Supreme Court.

07 May 2019 3:12 PM

Dangerous to let viable cos close down: IBBI chief

The objective of IBC is to rescue viable companies and close down unviable ones, IBBI chief M S Sahoo said.

04 May 2019 2:49 PM

Jet Airways crisis: Lenders keen on non-IBC resolution in case bidding process fails

Running into debt of more than Rs 8,500 crore, Jet Airways has shut down operations temporarily.

21 Apr 2019 11:34 AM

Creditors recover nearly half of total claims in 88 insolvency cases

Claims totalling a little over Rs 1.42 trillion were admitted in 88 cases under IBC till Feb 28, IBBI data showed.

15 Apr 2019 2:02 PM

Modi govt has major successes in social sector schemes: Panagariya

Panagariya said government has managed to accelerate outcomes in sectors like roads, railways, waterways, aviation and digitisation.

14 Apr 2019 3:45 PM

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Insolvency law's objective is reorganisation of defaulting firms: IBBI's Sahoo

Insolvency and Bankruptcy Code provides a framework for market-driven and time-bound resolution process.

31 Mar 2019 4:54 PM

Over 12,000 cases filed since implementation of insolvency law, says govt

Corporate Affairs Secretary Injeti Srinivas said the NCLT has been very expeditious in disposing cases related to insolvency.

26 Mar 2019 12:42 PM

Creditors-company negotiations better than insolvency: govt official on Jet Airways

In afternoon trade, shares of Jet Airways rose nearly three per cent to Rs 232.35 on the BSE.

25 Mar 2019 1:36 PM

ECB route opened for funding insolvency cases

Guidelines in this regard will be issued by the end of this month.

08 Feb 2019 1:34 AM

Insolvency cases are getting delayed

As on December 31, 2018, rating agency Icra said 898 CIRP’s were awaiting a resolution.

30 Jan 2019 1:34 AM

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NCLT helps recover Rs 80,000 crore

In 2019, the NCLT is expected to finalise corporate insolvency resolution process of several stressed assets.

26 Dec 2018 12:57 AM

Stressed power assets strangulated in recovery

The failure has been much starker in the power sector, which contributes a major chunk of stressed assets.

27 Nov 2018 12:14 AM

JSW Steel most likely winner for Bhushan Power

CoC may wait till October 22 when Tata Steel’s plea challenging re-bids will come up for hearing before NCLT.

16 Oct 2018 10:01 AM

Bids invited for debt ridden Videocon under insolvency resolution process

State Bank of India had filed separate insolvency proceedings against Videocon.

25 Sep 2018 5:15 PM

Merger of 3 banks: Danger lies ahead

The merger will create India’s third largest bank, with total business worth Rs 14.82 lakh crores.

20 Sep 2018 1:45 AM

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Govt could have done much more in past 4 years: EAC-PM member

On the economic front, Modi's election, I think, was a mandate for development and economic reforms, she said.

03 Sep 2018 12:58 PM

Banks to come out of PCA framework by this fiscal: Rajiv Kumar

Various measures taken by the government including implementation of Insolvency and Bankruptcy Code has yielded good results.

16 Aug 2018 4:40 PM

Not backing big firms on IBC: Piyush Goyal

The bill also aims at giving relief to homebuyers by recognising their status as financial creditors, thus giving them due representation in the CoC.

01 Aug 2018 1:41 AM

Insolvency amendment bill to benefit one industry, says Opposition

The insolvency law empowers home buyers to be recognised as financial creditors.

23 Jul 2018 4:51 PM

PNB's NPA recovery in first quarter tops FY 2018 level

The Insolvency and Bankruptcy Code (IBC) resolution process has greatly helped Punjab National Bank.

15 Jul 2018 3:48 PM

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