The Insolvency and Bankruptcy Code has facilitated creditors in realizing Rs 4 lakh crore through resolution plans up to ...
The National Company Law Tribunal (NCLT) struggles with a backlog of nearly 10,000 insolvency cases amid critical ...
Reserve Bank report reveals creditors realised ₹4 lakh crore under Insolvency and Bankruptcy Code resolution plans till ...
A continuously evolving and improving Insolvency and Bankruptcy Code (IBC) framework is important to achieving a 7-8% growth over the next decade, as growth aspirations require capital to operate at ...
India’s banking industry is in the throes of a crisis. Bad debts are piling up at banks. Earlier, the multiplicity of laws dealing with the insolvency of a company has been a problem in the way of ...
The growing mismatch between the NCLT’s dual mandate and the Code’s demand for speed makes a National Insolvency Tribunal a ...
The committee said its recommendations aim to tighten procedures, and backed the inclusion of the “clean slate” principle in ...
In line with the United Nations Commission on International Trade Law - Legislative Guide on Insolvency Law, India enacted ...
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