Insolvency and Bankruptcy Code (IBC)

Timelines

09 Jun 2018

Rs. 30,000cr might be recovered from resolution under IBC: SBI

State Bank of India, the country's largest lender, expects to recover around Rs. 30,000cr from the resolution process under the Insolvency and Bankruptcy Code (IBC) during the current fiscal, an official said.

06 Jun 2018

Know all about the Insolvency and Bankruptcy Code 2016

Insolvency and Bankruptcy Code 2016 is one of the biggest economic reforms adopted by India. It is a rare example of a much-needed law which has witnessed speedy roll-out and implementation.

23 May 2018

Banks recover dues worth Rs. 83,000cr from 2,100 companies

Thousands of companies have started paying back their dues to banks and other lenders for fear of action being initiated against them under the Insolvency and Bankruptcy Code (IBC).

21 Dec 2017

Mahesh Bhupathi, Lara Dutta take Gitanjali Gems to insolvency

Mahesh Bhupathi and Lara Dutta, brand ambassadors of Gitanjali Gems, have taken the company to insolvency as operational creditors.

23 Nov 2017

President approves amendment to Insolvency and Bankruptcy Code

A day after the Cabinet approved amendments to the Insolvency and Bankruptcy Code (IBC), President Ram Nath Kovind has given assent for the law to go into force.

14 Apr 2017

Is Bankruptcy Code the much-needed fix for bad loans?

India's insolvency problem with private and public sectors' NPAs is running a tab of Rs. 6 lakh crore.