Ibc 2016

Vedanta's Anil Agarwal seeks relaxed rule for 'honest' promoters under insolvency Act

Anil Agarwal strongly backs lower tax rates – like additional cess and royalty – that will boost local production and also help generate tremendous job opportunities

Insolvency and Bankruptcy Code amendment: Promoters of SMEs may get chance to bid for stressed companies

Besides, a panel set up to monitor functioning of the amended Insolvency and Bankruptcy Code framework will study its performance for one year

Vedanta races past Tata group to emerge as top bidder in resolution process for Electrosteel Steels

The tribunal had appointed Dhaivat Anjaria of PwC as interim resolution professional to resolve the Electrosteel loans issue

Jaypee Infratech debt case: RBI files plea in SC to start insolvency proceedings against JP Associates

Jaypee Infratech which is a subsidiary company of JP Associates has been asked to deposit Rs 2,000 crore with the registry of the apex court

Insolvency and Bankruptcy Code: An efficient mechanism for tackling NPAs but resolution professionals face challenges

Intention of bringing in new insolvency law was essentially to clean up the banking mess and thereby providing a boost to the economy

As LS passes insolvency amendment bill, Arun Jaitley says defaulters can bid for firms on certain conditions

Bill seeks to replace an ordinance promulgated in Nov to prevent unscrupulous persons from misusing provisions of Insolvency and Bankruptcy Code

Insolvency and Bankruptcy amendment bill that seeks to ban wilful defaulters tabled in Lok Sabha

The amended insolvency and bankruptcy law that is being implemented by Corporate Affairs Ministry became operational in December 2016

Banks decide to refer 22-23 large NPA accounts to NCLT for insolvency proceedings as RBI deadline ends

Lenders have already decided a restructuring plan for Jayawal Neco Industries and Soma Enterprise under Insolvency and Bankruptcy Code

IBC 2016: Adobe Creative Cloud will showcase support for Virtual Reality and motion graphics

Adobe will showcase advancements in virtual reality (VR), 3D, motion graphics and character animation during the "IBC 2016" exhibition.