News (Individual) 58/69

May 5, 20212 min read

RBI announces various schemes to help MSMEs hit by Covid-19 second wave

Reserve Bank of India Governor Shaktikanta Das on Wednesday announced various schemes to help the MSMEs hit by Covid-19 second wave...

Apr 29, 20211 min read

Finance Minister begins industry consultations. Is there another IBC suspension?

As the second wave of pandemic COVID-19 intensifies across the country, the government is looking to reintroduce moratorium on new cases...

Apr 28, 20211 min read

Assocham urges Government to reimpose moratorium on taking debt-ridden companies to NCLT under IBC

Industry body—'Assocham’ on Friday urged the government to reimpose moratorium on taking financially stressed companies to the NCLT under...

Apr 28, 20211 min read

SC extends limitation period to file cases in view of pandemic COVID-19

On Tuesday 27 April 2021, the Supreme Court of India decided to extend the limitation period to file cases under all general and special...

Apr 28, 20211 min read

RBI announces setting up of a Committee to undertake a comprehensive review of the working of ARCs

As part of the Statement on Developmental and Regulatory Policies released along with the Monetary Policy Statement on 7 April 2021, the...

Apr 27, 20211 min read

Modification of NCLAT Calendar with respect to Summer Vacations

In the light of sudden and exponential surge in Covid-19 cases, the Competent Authority has been pleased to modify the Calendar with...

Apr 26, 20211 min read

Justice AIS Cheema has been named as the Officiating Chairperson of NCLAT

Justice AIS Cheema has been named as the Officiating Chairperson of NCLAT. Justice Cheema will replace Justice Bansi Lal Bhat who was...

Apr 14, 20211 min read

Insolvency and Bankruptcy Board of India (Information Utilities) (Amendment) Regulations, 2021

In exercise of the powers conferred by section 196 read with section 240 of the Insolvency and Bankruptcy Code, 2016 (31 of 2016), the...

Apr 10, 20211 min read

Govt notifies ten lakh rupees as the minimum amount of default for pre-pakaged insolvency resolution

In exercise of the powers conferred by the second proviso to section 4 of the Insolvency and Bankruptcy Code, 2016 (31 of 2016), as...

Apr 10, 20211 min read

IBBI notifies the IBBI (Pre-packaged Insolvency Resolution Process) Regulations, 2021

The Insolvency and Bankruptcy Code (Amendment) Ordinance, 2021 promulgated on 4th April, 2021 provides for Pre-packaged Insolvency...

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