Insolvency and Bankruptcy Code likely to be tweaked for cross-border cases, says report

The Indian government is planning to promote an ordinance amending the Insolvency and Bankruptcy Code and adding a chapter on cross-border … from Google Alert – Insolvency https://ift.tt/2tQD9MA File your insolvency claims/Submit your resolution plans at https://ift.tt/2ImnrTH

Insolvency and Bankruptcy Code: Govt says trustees too can approach IBC against corporate debtors

initiate corporate insolvency resolution process (CIRP) against a corporate debtor before the NCLT, on behalf of financial creditors under the … from Google Alert – Insolvency https://ift.tt/2tNHuA7 File your insolvency claims/Submit your resolution plans at https://ift.tt/2ImnrTH

Govt likely to tweak IBC for cross-border cases, Bill after elections

The government is planning to promulgate an Ordinance amending the Insolvency and Bankruptcy Code (IBC) and adding a chapter on cross-border … from Google Alert – Insolvency https://ift.tt/2HjAG5z File your insolvency claims/Submit your resolution plans at https://ift.tt/2ImnrTH

Orchid Pharma set for fresh bidding after lngen Capital fails to inject funds

The insolvency resolution professional of debt-laden Orchid Pharma Ltd has again invited expressions of interest from potential investors, setting the … from Google Alert – Insolvency https://ift.tt/2tOJfgw File your insolvency claims/Submit your resolution plans at https://ift.tt/2ImnrTH

Servicing loans without default: L&T Halol Shamlaji Tollway tells NCLT

OBC has earlier moved the NCLT, Chennai, against the SPV under Section 7 of the Insolvency and Bankruptcy Code (IBC) 2016, under which … from Google Alert – Insolvency https://ift.tt/2HeRpH0 File your insolvency claims/Submit your resolution plans at https://ift.tt/2ImnrTH

NTPC to acquire stressed power projects under insolvency proceedings in NCLT

Mumbai : NTPC has decided to acquire the stressed power projects undergoing insolvency proceedings in the National Company Law Tribunal … from Google Alert – Insolvency https://ift.tt/2tPMpkh File your insolvency claims/Submit your resolution plans at https://ift.tt/2ImnrTH

Vistrat Real Estates insolvency petition against Bhushan Steel Ltd dismissed at NCLT

Bar & Bench reported that Bhushan Steel Linited, taken over by Tata Steel last year, faced yet another insolvency petition recently. An operational … from Google Alert – Insolvency https://ift.tt/2HceoT7 File your insolvency claims/Submit your resolution plans at https://ift.tt/2ImnrTH

NTPC eyes stressed assets under insolvency in NCLT to make deals sweeter

New Delhi: State-run power giant NTPC has decided to acquire only those stressed power projects undergoing insolvency proceedings in the … from Google Alert – Insolvency https://ift.tt/2Hceg65 File your insolvency claims/Submit your resolution plans at https://ift.tt/2ImnrTH

Home buyers want to take over debt-laden property developers

This liability is also part of the insolvency proceedings. “The (buyers') association has proposed in the resolution plan that it will complete the project … from Google Alert – Insolvency https://ift.tt/2EtpaBy File your insolvency claims/Submit your resolution plans at https://ift.tt/2ImnrTH

IBBI issues Charter on Responsibilities of Insolvency Professionals and CoC [Read Charter]

In the light of the increase in the number of professional misconduct cases against the Insolvency Professionals, the Insolvency and Bankruptcy Board … from Google Alert – Insolvency https://ift.tt/2Exosmu File your insolvency claims/Submit your resolution plans at https://ift.tt/2ImnrTH

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