Latest News on Bankruptcy code
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Bankruptcy code - Total results - 81
Nov 22, 2017
Govt to bring in ordinance for changes in insolvency law, says Arun JaitleyInsolvency and Bankruptcy code, which became operational in December last year, provides for a market-determined and time-bound insolvency resolution process
Nov 22, 2017
Jaypee Infratech-home buyers case: SC bars directors of JP Associates from selling propertiesSC bench has now posted the plea of homebuyers for further hearing on 10 January and directed all the directors of JP Associates to appear again before it on that date
Nov 17, 2017
Moody's rating upgrade certifies reforms are in right direction: Sebi chairman Ajay TyagiNew York-based Moody's on Friday upgraded the sovereign credit ratings by a notch to 'Baa2' with a stable outlook citing improved growth prospects driven by economic and institutional reforms.
Nov 17, 2017
Moody's sovereign rating upgrade spruces up India's investment credentialsAfter Moody's rating upgrade, India is now three notches away from China. With Baa2 and a stable outlook, India is behind only China in the BRICS bloc, Moody's said, adding that India, China and South Africa are investment grade sovereigns in the grouping
Nov 14, 2017
JP Associates-JSW keen to complete Jaypee Infra's real estate projects under insolvency resolution planJaypee Infra is developing more than 30,000 flats in Noida, most of which are incomplete. Home buyers have been protesting against significant delays in completion of the projects.
Nov 08, 2017
Bankruptcy Board to subject applicants to stricter testsThe revised regulations make it obligatory to provide information.
Oct 18, 2017
Axis Bank net jumps 38% on lower base; asset quality worsens with Rs 8,936 cr fresh slippagesThe third largest private sector lender also warned of more pressure on the asset quality side in the remaining quarter of the fiscal saying the second half will continue to be challenging.
Oct 11, 2017
Insolvency Code: How Kirusa verdict curtails power of operational creditors, provides relief to debtorsThe Insolvency and Bankruptcy Code, 2016 was enacted with the purpose of resolving the position of financially sick companies by either rescuing them or liquidating them.
Sep 20, 2017
Jaypee Infratech insolvency: There's a viable solution to home buyers' troubles and it's built in bankruptcy codeSection 36 mandates all such properties held in trust for third parties will not be part of liquidation
Sep 14, 2017
NPAs to touch 10.5% by March as banks recognise entire stressThe 9.5 percent NPA figure for March 2017 includes only two-thirds of the overall stressed assets, Crisil said