Ibc 2016
Recent Highlights
All Stories for Ibc 2016
Vedanta's Anil Agarwal seeks relaxed rule for 'honest' promoters under insolvency Act
Fp Staff •Anil Agarwal strongly backs lower tax rates – like additional cess and royalty – that will boost local production and also help generate tremendous job opportunities
Insolvency and Bankruptcy Code amendment: Promoters of SMEs may get chance to bid for stressed companies
Fp Staff •Besides, a panel set up to monitor functioning of the amended Insolvency and Bankruptcy Code framework will study its performance for one year
Vedanta races past Tata group to emerge as top bidder in resolution process for Electrosteel Steels
Fp Staff •The tribunal had appointed Dhaivat Anjaria of PwC as interim resolution professional to resolve the Electrosteel loans issue
Jaypee Infratech debt case: RBI files plea in SC to start insolvency proceedings against JP Associates
Fp Staff •Jaypee Infratech which is a subsidiary company of JP Associates has been asked to deposit Rs 2,000 crore with the registry of the apex court
Insolvency and Bankruptcy Code: An efficient mechanism for tackling NPAs but resolution professionals face challenges
Rajeev Nair •Intention of bringing in new insolvency law was essentially to clean up the banking mess and thereby providing a boost to the economy
As LS passes insolvency amendment bill, Arun Jaitley says defaulters can bid for firms on certain conditions
•Bill seeks to replace an ordinance promulgated in Nov to prevent unscrupulous persons from misusing provisions of Insolvency and Bankruptcy Code
Insolvency and Bankruptcy amendment bill that seeks to ban wilful defaulters tabled in Lok Sabha
Ians •The amended insolvency and bankruptcy law that is being implemented by Corporate Affairs Ministry became operational in December 2016
Banks decide to refer 22-23 large NPA accounts to NCLT for insolvency proceedings as RBI deadline ends
•Lenders have already decided a restructuring plan for Jayawal Neco Industries and Soma Enterprise under Insolvency and Bankruptcy Code
IBC 2016: Adobe Creative Cloud will showcase support for Virtual Reality and motion graphics
Fp Archives •Adobe will showcase advancements in virtual reality (VR), 3D, motion graphics and character animation during the "IBC 2016" exhibition.