Latest News on Innoventive Industries
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Innoventive Industries - Total results - 3
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 05, 2017
Innoventive vs ICICI Bank: Supreme Court settles the law; Centre's Insolvency Code will hold sway over all conflicting ActsThe case involved contradictory provisions in the Code and a state law of Maharashtra state, Maharashtra Relief Undertakings (Special Provisions) Act, 1958.
Jul 11, 2017
New bankruptcy law nets first victim, Innoventive Industries; but questions raised on its efficiencyThe Reserve Bank of India has already told banks to push 12 of the largest defaulters into insolvency, but experts worry the framework is largely untested