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Bankruptcy Bill News

monsoon session

23 May 2017

'Bill to address bankruptcy in fin sector in next Parliament session'

The government is likely to introduce in the monsoon session of Parliament a separate bankruptcy law to deal with insolvency in financial sector companies that include banks and NBFCs.

12 May 2016

Sensex jumps 193 points; Nifty reclaims 7,900-mark as investors cheer nod to bankruptcy bill

The broader NSE Nifty again went past 7,900-mark and touched a high of 7,916.05, before settling 51.55 points or 0.66 percent higher at 7,900.40.

bankruptcy code

12 May 2016

Rajya Sabha clears Insolvency and Bankruptcy Bill

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bankruptcy code

11 May 2016

Government to take on defaulters as Rajya Sabha approves bankruptcy bill

The Rajya Sabha passed a new bankruptcy code on Wednesday, as the opposition swung behind measures to take tougher action against corporate defaulters and help banks recover over $120 billion in troubled loans.

05 May 2016

Lok Sabha passes Insolvency and Bankruptcy Bill

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05 May 2016

Lok Sabha nod for insolvency and bankruptcy code

The Lok Sabha on Thursday gave its nod to the Insolvency and Bankruptcy Code, 2016, that seeks to improve the ease of doing business in the country.

Bankruptcy Bill

27 Apr 2016

Bankruptcy Bill will soon be passed in present budget session

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Parliamentary panel

08 Apr 2016

Govt to push bankruptcy code in upcoming Parliament session

A Parliamentary panel is expected to submit its report on the Bankruptcy and Insolvency Code on April 29 and government would push for the passage of the bill in the second leg of the Budget session, Economic Affairs Secretary Shaktikanta Das said today.

Finance Minister

05 Apr 2016

Bankruptcy Bill likely in coming Parliament session, says FM

Emphasising that the government is committed to reforms, Finance Minister Arun Jaitley on Tuesday said things appear to be in the final round as far as GST is concerned while the bankruptcy Bill is expected to be taken up in the upcoming Parliament session.

13 Mar 2016

Hope to pass GST, bankruptcy bill this session: Arun Jaitley

The GST bill has already been passed by the Lok Sabha and is pending ratification by the Upper House, where the ruling NDA does not have a majority. After it is approved by the Rajya Sabha, the legislation needs to be ratified by half of the 29 states so as to roll out GST possibly by October 1.

Bankruptcy Bill

22 Dec 2015

Bankruptcy bill in Lok Sabha, FM Jaitley says country can't wait for reforms

Finance Minister Arun Jaitley, while moving the 'Insolvency and Bankruptcy Code, 2015 Bill' for consideration and passage, said the country is going through a "critical" phase and "economic legislation has to go on".

India's stock market

21 Dec 2015

D-St back in form: Sensex jumps 217 points, Nifty regains 7,800-mark

Sentiment was also bolstered amid hopes that Parliament would manage to pass the crucial bankruptcy Bill.

Bankruptcy Bill

22 Dec 2015

Know how Bankruptcy Bill will improve ease of doing biz in India

Key facts you should know about the Bankruptcy Bill....

Bankruptcy Bill

20 Dec 2015

Bankruptcy bill to be introduced in Parliament Monday

The Centre on Monday will introduce the bankruptcy bill in Parliament.

19 Dec 2015

GST unlikely this session, bankruptcy Bill to be introduced

Finance Minister Arun Jaitley on Saturday indicated that the government may not be able to pass the Goods and Services Tax (GST) Bill in the ongoing session of Parliament, but will introduce the bankruptcy Bill.

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