IBC

Share of Zee Entertainment (ZEEL) had hit its previous 52-week low on June 20, 2022 at Rs 200.50. With today’s fall, the stock is now down 43 per cent from its 52-week high of Rs 308.65 that was touched on Apri 4, 2022.The Mumbai bench of…

MUMBAI: Big businesses that have gone into liquidation post-bankruptcy have seen a value erosion of over 94% of the admitted creditor claims, according to data collated by the Insolvencyand Bankruptcy Board of India.Since the inception of…

…

Justice Sanjay Kishan Kaul of the Supreme Court on Saturday said the Insolvency and Bankruptcy Code (IBC) has had a big role to play in India's new "startup culture" as it created a conducive environment for budding entrepreneurs. Speaking…

The rate of recovery from the resolution of stressed accounts through the Insolvency and Bankruptcy Code (IBC) could improve as economic recovery becomes more broad based, the economic survey said.“The rate of recovery is contingent on…

New Delhi, January 18 The government on Wednesday proposed a slew of changes to the insolvency law, including fast-tracking the process and expanding the scope of pre-packaged framework.…

NEW DELHI: The government and the Insolvency& Bankruptcy Board of India (IBBI) have proposed a tweak in the norms for the real estate sector, recognising the special needs of homebuyers, who often invest their entire savings.A…

Bank of India has initiated insolvency proceedings against Kolkata-based commercial equipment manufacturer TIL (Tractors India) to recover its dues as previous recovery efforts have failed, people familiar with the process said. Five banks,…

Union Commerce and Industry Minister Piyush Goyal on Saturday expressed confidence that the structural reforms taken by the government in the last 8 years will help India emerge among the top three developed economies in the world. In his…

The CBIC has asked tax officers to abide by the NCLT order in insolvency cases and recover only that much GST dues as has been finalised by the tribunal.In a circular, the Central Board of Indirect Taxes and Customs (CBIC) said the…