Aug 23, 2019-Friday

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Friday, Aug 23, 2019
news about Bankruptcy law
Aug 09, 2019 15:04
Once a homebuyer establishes default before a bankruptcy court, the onus is on builders’ to prove that the consumer does not wish to take possession of their house to avoid proceedings. read more
Jul 18, 2019 00:24
The eight amendments to the Insolvency and Bankruptcy Code (IBC) will also aid decision-making in the case of bankrupt entities such as property developers, which have a large number of creditors, including homebuyers. read more
Jun 08, 2019 07:10
Although India and Singapore are vastly different countries, the two have many similarities, the Singapore minister said. read more
Jun 06, 2019 13:52
Investors expect Modi to complete reforms started during his first term when India instituted a time-bound bankruptcy process, putting the business community on notice by stripping assets off the biggest defaulters and selling them. read more
Jan 31, 2019 12:43
SBI is working with the founders of several mid-sized companies to restructure loans and escape bankruptcy proceedings, said Kant, who joined SBI in 1983 and was previously the lender’s chief financial officer. read more
Jan 25, 2019 11:43
The Supreme Court upheld a law that bars founders of loan-defaulting companies from buying back stressed assets put up for sale. read more
Sep 25, 2018 16:58
However, finance minister Arun Jaitley said India needs to assess the efficiency of its debt recovery tribunals for quicker decisions. read more
Jul 10, 2018 11:49
The government is also working to put in place, as early as next month, new rules to hold accountable individuals, who stood guarantee for loans to a company, in case of a default. read more
Jun 04, 2018 10:56
The Insolvency and Bankruptcy Code (IBC) introduced in 2016 has given rise to opportunities for offshore funds to acquire borrowers’ distressed assets. High potential profits on those deals attract funds. read more
May 31, 2018 14:21
RComshares have surged nearly 80% in the past two weeks amid rising optimism that the carrier would contest the insolvency order and be able to close the deal to sell airwaves, towers and fiber assets to Jio, read more
May 28, 2018 19:03
This will require a major policy overhaul away from the lurch towards populism that is becoming more evident as general elections loom large. There is capital looking for alternatives to China and India is potentially the only country that offers a scale... read more
May 24, 2018 17:26
After the BJP government came to power in 2014, the economy seems to have delivered mixed results on social as well as economic parameters read more
Apr 25, 2018 14:17
A streamlined bankruptcy process is crucial for Prime Minister Narendra Modi’s attempts to come to grips with a simmering banking crisis. read more
Apr 04, 2018 13:12
ArcelorMittal will question the eligibility of the VTB-led Numetal Ltd. group to bid for Essar Steel on the basis that a company controlled by the family of the founder of the insolvent entity was part of the consortium during an initial round of bi... read more