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Insolvency and Bankruptcy Code
Book excerpt – ‘Defaulter’s Paradise Lost: Demystifying the Insolvency and Bankruptcy Code’
Web Desk -
"Book excerpt | Defaulter's Paradise Lost: Demystifying the Insolvency and Bankruptcy Code", First Post, August 27, 2023:
"Financial defaults are not a new phenomenon in...
Bad Bank is a good move
Aggregate deposits of Bharat's Scheduled Commercial Banks (SCBs) rose 11.9 per cent YoY during 2020-21 (it was 9.5% in 2019-20), but they have moderated...
‘Bad Bank’ is actually a good idea
The term ‘Bad Bank’ is mischievously deceiving; literally, it would mean a bank that has turned bad, that is, run out of capital and...
IBC Code – The way forward
The main objectives of enacting Insolvency & Bankruptcy Code (IBC) Code 2016 and establishing Insolvency & Bankruptcy Board of India (IBBI) are:
• To bring...
Bharat’s insolvency and arbitration laws evolving
IANS -
Bharat's laws relating to insolvency and arbitration are in sync with global practices, but are not a "cure for all problems" and would undergo...
SC upholds IBC provisions on corporate debt recovery from personal guarantors
IANS -
The Supreme Court on Friday held that the Centre's notification of November 15, 2019, which allowed financial institutions to proceed against individual corporate guarantors...
Govt proposes pre-packaged insolvency resolution framework under IBC
IANS -
The Ministry of Corporate Affairs has proposed a pre-packaged insolvency resolution framework under the Insolvency and Bankruptcy Code (IBC). The ministry has sought comments...