top of page
Search
Jul 9, 20212 min read
IL&FS recovery rate is 61% is better than the average 39% recovery under the IBC process
Infrastructure Leasing & Financial Services Limited (IL&FS) is one of India's leading infrastructure development and finance companies....
Jul 8, 20211 min read
2nd National Online Quiz on Insolvency and Bankruptcy Code, 2016: IBBI
Insolvency and Bankruptcy Board of India (IBBI) organising 2nd National Online Quiz on Insolvency and Bankruptcy Code, 2016 from 1st...
Jul 8, 20213 min read
RBI directs banks to update the new definition of MSMEs vide Notification S.O. 2119(E) dt.26-6-2020
The Reserve Bank of India (RBI) direct the banks to updates the new definition of MSMEs as per the Government of India vide Gazette...
Jul 7, 20211 min read
IBBI conducts 12th Advanced Workshop on Insolvency and Bankruptcy Code 2016 in virtual mode for IPs
The Insolvency and Bankruptcy Board of India (IBBI) is conducting a one-day Advanced Workshop on Insolvency and Bankruptcy Code, 2016, on...
Jul 7, 20212 min read
Centre cannot delegate responsibility for DRT outside of the State: Kerala High Court
A Division Bench of the Kerala High Court has ruled that the Centre cannot entrust the charge of a Debts Recovery Tribunal (DRT) to any...
Jul 7, 20212 min read
Mirage of debt recovery cannot save banks
The banking sector has been flooded with NPAs during the past decade. As a result, most of the banks have become financially unstable,...
Jul 7, 20212 min read
IBC is meant for reorganisation, it is not a recovery tool: IBBI Chairperson MS Sahoo
Insolvency and Bankruptcy Board of India (IBBI) is a regulatory body of the Insolvency and Bankruptcy Code (IBC). The IBBI Chairperson...
Jul 7, 20211 min read
Revised Standard Operating Procedure dated 3rd January, 2021 would now be fully operational in NCLAT
National Company Law Appellate Tribunal (NCLAT) referred to its earlier Notice No. 112/2021 dated 24th May 2021. The Notice under...
Jul 5, 20211 min read
IBBI to obtain preference of IPs for topics which could be covered in forthcoming Basic Workshop
Insolvency and Bankruptcy Board of India (IBBI) has been organising regular workshops for the benefit of the Insolvency Professionals...
Jul 5, 20211 min read
Government extends the entrustment of additional charge of the post of Presiding Officer in DRTs
In exercise of powers conferred by Section 4 of the Recovery of Debts and Bankruptcy Act, 1993 the Central Government hereby extend the...
bottom of page