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Insolvency and Bankruptcy Board of India News

Insolvency and Bankruptcy Board of India

02 Feb 2022

IBBI plans to reduce timelines under voluntary liquidation process

Besides, IBBI is looking to amend regulations related to compliance certificate under the voluntary liquidation process. In this regard, a discussion paper has been issued and comments have been sought from the stakeholders till February 22. According to the discussion paper, the final report in cases where no claims are received from any creditor(s), may be provided in 90 days from the date of commencement of the process.

01 May 2018

IBBI invites comments on regulations under Insolvency & Bankruptcy Code

The IBBI has evolved a transparent and consultative process to make regulations.

11 Sep 2017

'IBBI needs to quickly provide for cross border insolvency'

The Insolvency and Bankruptcy Board of India (IBBI) needs to quickly put in place the framework for cross border insolvency since many cases also involve foreign creditors, says a study.

Insolvency and Bankruptcy Code

29 Jul 2017

Challenge lies in IBC's successful implementation: SC judge

Emphasising that the Code is important for the country's economy, Justice Sikri said interpreting the law is also a challenge before National Company Law Tribunal (NCLT) and Insolvency and Bankruptcy Board of India (IBBI).

Insolvency and Bankruptcy Board of India

23 Apr 2017

Govt proposes to fast-track insolvency resolution for startups

The government plans to put in place a fast-track resolution process for startups and small companies under the Insolvency and Bankruptcy Code.

Insolvency and Bankruptcy Code

15 Apr 2017

35 corporate insolvency resolutions in progress: IBBI chief

The Code, which provides for market-determined and time- bound resolution process, is being implemented by the Insolvency and Bankruptcy Board of India (IBBI).

Draft regulations

14 Feb 2017

Govt issues draft norms for voluntary liquidation

The norms have been prepared under the Insolvency and Bankruptcy Code.

11 Oct 2016

Govt issues more draft norms under bankruptcy code

Government on Tuesday came out with another set of draft rules, including for liquidation of insolvent corporate persons, under the Insolvency and Bankruptcy Code.

Insolvency and Bankruptcy Board of India

02 Oct 2016

Govt appoints four nominees to Insolvency and Bankruptcy Board

Government has appointed four nominees, including two joint secretaries, to the Insolvency and Bankruptcy Board of India (IBBI).

01 Oct 2016

Sahoo takes charge as Insolvency and Bankruptcy Board chief

M S Sahoo on Saturday took charge as Chairperson of the Insolvency and Bankruptcy Board of India (IBBI).

Ease of Doing Business

21 Dec 2015

Govt brings bankruptcy law to improve ease of doing biz

Seeking to improve ease of doing business, government on Monday introduced in Parliament the 'Insolvency and Bankruptcy Code, 2015' that provides for resolution of insolvency in a timebound manner.

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