Browsing: ibc

In the second quarter of fiscal year 2024 (Q2 FY24), 38 per cent of the 7,058 companies admitted under the…

The finance ministry on Thursday exhorted public sector banks (PSBs) to achieve their financial inclusion…

American Express has notified its card customers that it will commence reporting card information to National e-Governance Services Ltd…

Seven months after firing 1,200 employees, edtech startup Lido Learning has filed for insolvency with the Mumbai bench of…

For every Rs 100 admitted for the claims under the Insolvency and Bankruptcy Code (IBC), the banks could realise only…

The Insolvency & Bankruptcy Code (IBC) does not allow for automatic recognition of any insolvency proceedings in other countries. There…

The prevailing market environment presents an excellent opportunity for family offices to identify stressed assets with high turnaround potential and…

Bankers are receiving superior response for firms in the manufacturing sector like steel, developing components, pharma and chemical compounds, which…

By Madhav KanoriaThe Insolvency and Bankruptcy Code, 2016 (IBC) introduced a creditor-in-handle, resolution specialist-managed insolvency regime for Indian firms. Importantly,…

By Ashok Kumar Gulla The Pre-Package Insolvency Resolution Process (PPIRP) aims at revival of Micro, Small and Medium Enterprises (MSMEs)…