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NCLT
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...
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...
Success of pre-pack regime for MSMEs may open it for other borrowers
IANS -
The Centre has promulgated the IBC Amendment Ordinance to allow pre-packaged insolvency process for MSMEs.
Experts said that if successful, the regime may be available...
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...