Insolvency And Bankruptcy Board Of India

Revival of 45 bankrupt companies will meet 50% of lenders' claims: Insolvency and Bankruptcy Board chief MS Sahoo

About 1,100 companies have been admitted in the Corporate Insolvency Resolution Process (CIRP) since the implementation of the Insolvency and Bankruptcy Code (IBC) in 2016

Insolvency and Bankruptcy: Govt plans separate legislation for registered valuers

proper valuers were the critical missing link in the process since most insolvency professionals were poorly equipped since it was a new area for them.

Insolvency and Bankruptcy Board working on cross-border insolvency norms, says chairman MS Sahoo

Govt is keen to introduce a globally accepted cross-border insolvency framework, which would make India an attractive investment destination for foreign creditors

IBBI amends norms, notifies procedures for home buyers under insolvency proceedings

With the amended norms, there is more clarity on procedural requirements for various classes of creditors, including home buyers.

Sebi plans revised norms for recovery of investors' money in cases of illegal collective investment schemes

Sebi plans to put in place revised norms for recovering investors' money in cases of illegal collective investment schemes, wherein a registered insolvency professional will be appointed as administrator to undertake sale of assets

NPA crisis: Loans worth Rs 2.72 lakh cr written-off since NDA government took over in 2014; just Rs 29,000 cr recovered

The problem is that there aren’t enough buyers for stressed assets in India, at prices the banks expect, needed to compensate for their losses.

40 corporate insolvency resolutions completed, says Union Minister P P Chaudhary

As many as 40 corporate insolvency resolutions, under the Insolvency and Bankruptcy Code, have been completed, Union Minister P P Chaudhary said on Tuesday.

Insolvency law panel seeks suggestions from stakeholders; over 300 cases admitted for resolution by NCLT

A large number of cases have been filed under the Insolvency and Bankruptcy Code (IBC) which became operational in December 2016. The law provides for a market-determined and time-bound insolvency resolution process

Insolvency and Bankruptcy Board issues norms for handling grievances under IBC

The regulations will be applicable for all stakeholders, including creditors, debtors and service providers.