Insolvency and Bankruptcy Code (IBC)
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.