Insolvency And Bankruptcy Code 2016

Insolvency and Bankruptcy Code: An efficient mechanism for tackling NPAs but resolution professionals face challenges

Intention of bringing in new insolvency law was essentially to clean up the banking mess and thereby providing a boost to the economy

More than 2,700 cases disposed of under IBC, Union minister PP Chaudhary tells Rajya Sabha

More than 2,700 cases have been disposed of after the notification of the "relevant provisions" of the Insolvency and Bankruptcy Code 2016, the Rajya Sabha was informed on Tuesday.

Cabinet clears Bill to deal with crisis in banks, insurers, financial sector

The proposed Bill will provide for a comprehensive resolution framework to handle any bankruptcy situation in banks, insurers and financial sector entities