Latest News on Insolvency And Banking Code
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Insolvency And Banking Code - Total results - 3
Jul 04, 2018
IBBI amends norms, notifies procedures for home buyers under insolvency proceedingsWith the amended norms, there is more clarity on procedural requirements for various classes of creditors, including home buyers.
Apr 16, 2018
Reliance Industries, JM Financial bid to acquire textile manufacturer Alok Industries rejectedReliance Industries (RIL) had bid jointly with JM Financial to acquire the debt ridden textile manufacturer Alok Industries Ltd
Nov 24, 2017
Insolvency code tightened: President okays ordinance, barring defaulters from bidding for stressed assetsThe amendments aim to keep-out such persons who have wilfully defaulted, are associated with non-performing assets, or are habitually non-compliant and, therefore, are likely to be a risk to successful resolution of insolvency of a company.