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Individuals, partnership entities as well as companies can act as valuers under the Companies Act after getting registered with an authority specified by the government. (Representational Image)

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Govt notifies rules for registered valuers

The corporate affairs ministry has proposed to specify the IBBI as the authority with respect to matters related to...

20 Oct 2017 4:55 PM IST

Under the companys plan, Answers will lower its debt by $471 million, according to documents filed in Manhattans US Bankruptcy Court.

Business

Operationalising individual insolvency norms a priority: IBBI Chairman

In one year of existence, the Insolvency and Bankruptcy Board of India (IBBI) has already put in place the...

2 Oct 2017 6:26 PM IST

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Insolvency rules for individuals, firms by Dec 2017

The draft rules dealing with insolvency resolution process of individuals and firms was put on the website.

3 Nov 2017 6:46 PM IST

$Addressing a conference on Insolvency and Bankruptcy Code (IBC) at Hong Kong on Thursday, IBBI chief MS Sahoo observed that \in addition to rescuing viable firms, which is the sole objective of IBC; resolution plans under IBC have yielded 200 per cent of liquidation value for creditors.\$ Business