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CIRP
NCLT, NCLAT cannot sit in appeal over the commercial wisdom of CoC: SC
The Supreme Court on Friday said it has time and again emphasised that there is need for minimal judicial interference by the National Company Law Appellate Tribunal (NCLAT) and the National Company Law Tribunal (NCLT) in the framework of…
PSBs recapitalised with Rs 3.10 lakh cr over 5 years
The government has recapitalised public sector banks (PSBs) by infusing over Rs 3.10 lakh crore in the last five fiscals, a majority of which was through issuance of recapitalisation bonds, Parliament was informed on Monday.
"Government…
IBBI proposes code of conduct for committee of creditors; seeks public comments
Seeking to bring in more transparency, the Insolvency and Bankruptcy Board of India (IBBI) on Friday proposed a code of conduct for the committee of creditors under the insolvency law. IBBI, a key institution in implementing the Insolvency…