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Real estate sector weighs on IBC but accounts for 18% of total realisations

The real estate sector has accounted for a significant portion of the total realisations under the …

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Haircut on cases resolved through IBC not very encouraging, says Kotak report

Haircuts on cases resolved through the Insolvency and Bankruptcy Code (IBC) are still very high, ne…

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Coronavirus will hit IBC realisations by 30-40% as government suspends new proceedings

The outbreak of Covid-19 pandemic and the suspension of new proceedings under the Insolvency and Ba…

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IBC cases still below FY20 levels – report says this shows India Inc is ‘comfortably placed’

In yet another sign of the good health of corporate India, insolvency cases are still below FY20 le…

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Govt to amend insolvency law to reduce time taken for resolution process

The corporate affairs ministry's move to amend the law also comes against the backdrop of conce…

PTI   


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Companies' suppliers cannot be burdened with 'overly restrictive conditions' under IBC: Parl panel

Further, it emphasised that the payments due to micro, small and medium enterprises (MSMEs), who a…

PTI   


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India amends bankruptcy law to protect winning bidders from paying the price for sins of the previous promoter

The IBC (Second Amendment) Bill, 2019, is likely to be introduced in the current session of the…

PTI   


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IBC reduces resolution time to 340 days from 4.3 years earlier: Eco Survey

As per the survey, the government has been proactively addressing the issues that come up in imple…

PTI   


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Will Reliance Capital lenders get their dues fast or will there be legal delays

With another round of bidding for Reliance Capital Ltd slated later this month, the question is whe…

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Recovery through insolvency process better compared to other options: IBBI chief

Citing an RBI data, he said it indicates that in 2018-19, banks recovered 5.3 per cent, 3.5 per ce…

PTI   


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Cabinet clears amendments to insolvency law

New Delhi, Dec 11 () The Union Cabinet on Wednesday approved changes to the insolvency law, includi…

PTI   


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Opinion: The creation of a bad bank helps banks but not necessarily the bankrupt

Presumably, the separate asset management company, which will be majority owned by the private s…

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Coronavirus: Banks brace for payment defaults, missed targets

"There should be some forbearance on account of cashflow mismatch. There will be many defaults in t…

PTI   


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SBI to add Rs 300 cr to bottomline in Q4 with JSL exit from CDR framework

SBI, the lead banker, will get Rs 300 crore from the resolution of this account, sources said. Pu…

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IBBI amends liquidation process norms

New Delhi, Jan 7 () The Insolvency and Bankruptcy Board of India (IBBI) has amended the norms for l…

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Liquidation process: Secured creditor cannot sell assets to entities ineligible for insolvency plan

New Delhi, Jan 7 () A secured creditor cannot sell assets of a company undergoing liquidation proce…

PTI