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IBC

IBC Amendment Bill to address concerns over delay in insolvency proceedings: Sitharaman
Union Finance Minister Nirmala Sitharaman on Monday t...

It is the beginning of a new wave not only in market, but also in economy: Porinju
Churning opportunities are coming up. People who were in t...

Essar Steel verdict: What's next for bankruptcy law?
India's insolvency resolution framework has truly arrived after a tortuous journey of th...
Modi Cabinet approves 7 amendments to IBC, resolution time limit raised to 330 days
In a significant move, the government Wednesday cleared seven amendments to the insolvency law. The amendments to the Insolvency and Bankrup...
NCLAT's Essar Steel ruling set aside: Everything you need to know
The Supreme Court on Friday set aside the July 4 order of the NCLAT approving ArcelorMittal's Rs 42,000-crore bid for acquiring debt-laden E...
Raghuram Rajan on Jet bailout: Not necessary for every company to go through IBC
In conversation with ET Now's Supriya Shrinate, former RBI Governor Raghuram Rajan says that Bankruptcy code should act as a shadow and shou...
IBC: Inadequate infrastructure, inordinate delays, beset speedy debt resolution process
When Insolvency and Bankruptcy Code (IBC) came into effect in 2016, it became the preferred debt default resolution route. Around 1,858 comp...
IBC amendments debate: Fin Min Nirmala Sitharaman refers to CCD founder, VG Siddhartha's untimely death
Reacting to the death of Cafe Coffee Day founder V G Siddhartha, Finance Minister Nirmala Sitharaman on Thursday said business failures in t...
Supreme Court upholds bankruptcy law in its entirety
The Supreme Court today upheld the insolvency and bankruptcy law in its entirety. Under the law promoters of bankrupt firms have been banned...
Supreme Court allows ArcelorMittal, Numetal to bid for Essar Steel
Supreme Court has given both ArcelorMittal and Numetal two weeks to clear their outstanding dues and then submit a revised bid for Essar Ste...
IBC was a necessity after all options failed on NPAs: FM Jaitley
Finance Minister Arun Jaitley on Tuesday said changes in Section 29A of the Insolvency and Bankruptcy Code (IBC) may be required as the earl...
Early harvest of IBC extremely satisfactory; creditors recovered Rs 80K cr: Jaitley
Finance Minister Arun Jaitley Thursday said Rs 80,000 crore has been recovered by creditors in 66 cases resolved by NCLT and around Rs 70,00...
GST, IBC, Biz rankings key measures taken up by Modi govt: IMF's Gita Gopinath
IMF chief economist Gita Gopinath, in an exclusive converation with ET NOW's Supriya Shrinate on sidelines of World Economic Forum in Davos,...
Jet Airways lenders to meet today; decide on potential investors
This is the second meeting of Jet Airways’ CoC after the National Company Law Tribunal (NCLT) admitted the company under the Insolvency and ...
IBC norm better than a bad bank idea: Arvind Subramanian
Outgoing Chief Economic Adviser Arvind Subramanian says the Insolvency and Bankruptcy (IBC) code is much better than his idea of a bad bank ...