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Insolvency Law Committee News

Insolvency and Bankruptcy Code

23 Nov 2017

IBC Ordinance to have no impact on valuation of assets under resolution: SBI chief

The President today gave his assent to the Ordinance amending the Insolvency & Bankruptcy Code, 2016.

Insolvency and Bankruptcy Code

23 Nov 2017

Insolvency and Bankruptcy Code 2016: Check out gist of the amendments

The IBC became operational in December 2016 and provides for a time-bound insolvency resolution process.

Insolvency and Bankruptcy Code

23 Nov 2017

President approves ordinance on Insolvency and Bankruptcy Code

The ordinance was approved by the cabinet on Wednesday.

Insolvency and Bankruptcy Code

22 Nov 2017

Govt to come out with ordinance to tighten insolvency law

The Code, which became operational in December last year, provides a market-determined and time-bound insolvency resolution process. Over 300 cases have already been approved by the National Company Law Tribunal (NCLT) to be taken up under the law, implemented by the corporate affairs ministry.

Insolvency and Bankruptcy Code

21 Nov 2017

Insolvency law: Govt sets up 14-member panel to identify issues

The move also comes against the backdrop of concerns in certain quarters about various aspects of the law including the possibility of promoters wresting back control of a company under insolvency process.

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