The new insolvency and bankruptcy code (IBC) has completed a successful 5-year journey. The code has been often criticised for low recovery rate. But it is a new law and as the law stabilises, there ...
The Supreme Court held that a delayed and inoperative scheme under the Companies Act cannot stall CIRP, restoring insolvency proceedings under Section 7 of the ...
The Insolvency and Bankruptcy Code (IBC), enacted in 2016, aimed to streamline and expedite the insolvency resolution process in India. While the IBC has undoubtedly brought significant reforms to the ...
The Standing Committee on Finance headed by Jayant Sinha has urged policy makers to introduce a professional ‘Code of Conduct’ for the Committee of Creditors (CoC), which is the most important ...
The IBC engendered a culture of corporate accountability and credit discipline. The Insolvency and Bankruptcy Code (IBC) transformed India’s approach to corporate financial distress. Once, it was said ...
Dr Rao is currently teaching risk management in the institute of Insurance and Risk Management (IIRM). A career banker with Bank of Baroda, he held the position of General Manager - Strategic Planning ...
The Supreme Court emphasized the importance of speed, certainty, and creditor-driven decisions within the Insolvency and Bankruptcy Code (IBC), 2016. Highlighting the potential for exploitative ...
It is welcome that the government has brought in a bill to amend the Insolvency and Bankruptcy Code (IBC) of 2016. It is equally welcome that the bill in Parliament has been referred right away to a ...
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