IBC

MUMBAI: Several companies that have successfully bid and taken over operations of a defaulting company under the Insolvencyand Bankruptcy Code (IBC) find themselves stuck in litigation for past GST dues, despite the law granting them full…

Larger firms feel that the smaller players have muddied the waters for the IBC process, leading to excessive regulation of resolution professionals. Photograph: Joshua Lott/Reuters Go First's insolvency recently saw the Big Four bidding…

NEW DELHI: The Insolvency & Bankruptcy Board of India (IBBI) is discussing a massive technological intervention — from filing data and debt & defaults to using artificial intelligence in the National Company Law Tribunal (NCLT) and…

NEW DELHI: Banks and other entities have involved personal bankruptcy provisions in over 1,800 cases against personal guarantors – a majority of whom would be ousted promoters of companies which faced action under Insolvency and Bankruptcy…

NEW DELHI: Capital markets regulator Sebi has proposed a mechanism for the voluntary delisting of non-convertible debt securities.Under the mechanism, an entity should not be permitted to delist a few non-convertible debtsecurities while…

In what could result in a complete overhaul of the Insolvency and Bankruptcy Code (IBC), the insolvency regulator has sought public comments on the regulations it notified under the code to date. Photograph: Joshua Lott/Reuters The…

The Supreme Court on Tuesday endorsed a provision of the Companies Act, 2013, that says workers' dues will not get preferential payment in case of liquidation under the Insolvency and Bankruptcy Code, 2016.A bench comprising Justices MR…

NEW DELHI: The government and the Insolvency & Bankruptcy Board of India's (IBBI) plan to rework the distribution formula for successful IBCcases is expected to help operational creditors, including government agencies and statutory…

…

…