Govt plans to amend Insolvency and Bankruptcy Code to ring-fence buyers of stressed assets from prosecution
In many of the cases under insolvency, the promoters are under investigation by various agencies, the sources said
Frenzied activity in the Indian M&A market: Vultures are gathering to oust defaulting promoters from their perch
The last round of M&A frenzy was in a pre-Insolvency and Bankruptcy Code 2016 (IBC) milieu, involving friendly and hostile takeovers often at the risk of inviting winner’s curse which is inevitable when the acquirer overpays in his keenness to acquire, come what may.
Valuers have a greater role to play in asset valuation rather than in share valuation.
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 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.
The proposed Bill will provide for a comprehensive resolution framework to handle any bankruptcy situation in banks, insurers and financial sector entities