the government decided to suspend the provisions starting from March 25 for six months by promulgating an ordinance in June
19 Sep 2020 10:44 PM
Among others, the approved resolution plan would be binding on central and state governments as well as various statutory authorities.
01 Aug 2019 1:36 PM
Running into debt of more than Rs 8,500 crore, Jet Airways has shut down operations temporarily.
21 Apr 2019 11:34 AM
Corporate Affairs Secretary Injeti Srinivas said the NCLT has been very expeditious in disposing cases related to insolvency.
26 Mar 2019 12:42 PM
Over 3,500 cases have been resolved at pre-admission stage and resulted in claims worth Rs 1.2 lakh crore getting settled.
24 Nov 2018 4:01 PM
The Insolvency and Bankruptcy Code (Second Amendment) Bill, 2018, was introduced by Finance Minister Piyush Goyal.
23 Jul 2018 5:32 PM
The 14-member panel, headed by Srinivas, has recommended various changes to the Insolvency and Bankruptcy Code (IBC).
04 Apr 2018 2:57 PM
Over 300 cases have already been approved by NCLT to be taken up under the law.
23 Nov 2017 4:42 PM
Apex court extended time from October 27 to November 5 for company to deposit Rs 2,000 crore.
27 Oct 2017 4:20 PM
Gross NPAs have crossed 9.6 per cent as of March 2017 while stressed loans ratio is over 12 per cent.
19 Aug 2017 1:48 PM