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Is NCLT armed with the potential of resolving all insolvency-related issues?
The National Company Law Tribunal (NCLT), was formulated under the Insolvency and Bankruptcy Code, 2016 (IBC) to deal with insolvency and...
Aug 24, 20213 min read


Insolvency & Bankruptcy Board of India request for proposal for the appointment of Internal Auditor
The Insolvency and Bankruptcy Board of India (IBBI) with its Head Office located on 7th Floor, Mayur Bhawan, Shankar Market, Connaught...
Aug 23, 20211 min read


Risk-averse banks’ negative impact on MSMEs
The Prime Minister's dream of a $5-trillion Indian economy by 2025 along with effective financial inclusion and sustainable economic...
Aug 20, 20212 min read


NCLT passes liquidation order against Nirav Modi’s flagship firm Firestar International
The dedicated bankruptcy court has ordered Nirav Modi's main company Firestar International Ltd. to be liquidated, and Shantanu T. Ray...
Aug 20, 20212 min read


Kotak bank launches DIY repayment platform using AI & ML technology
In a partnership with Creditas Solutions, a fintech firm, private sector lender Kotak Mahindra Bank (KMBL) has created a do-it-yourself...
Aug 20, 20212 min read


IFCI files a complaint with the NCLT against Videocon's debt resolution as oil assets to be included
IFCI Ltd., a Videocon lender, has filed a petition with the National Company Law Tribunal to stop the other lenders from selling Videocon...
Aug 20, 20212 min read


A 'Tenant in Sufferance' Not entitled to any protection of Rent Act against SARFAESI Proceedings: SC
The Supreme Court stated that a tenant in suspense is not entitled to any Rent Act protection from SARFAESI actions. A "tenant at...
Aug 19, 20213 min read


The Supreme Court has rejected banks' request for RTI exemption
A Supreme Court bench led by Justice S.A. Nazeer refused to hear petitions from the various public sector and private banks, including...
Aug 19, 20213 min read


IBBI collaborates with Jindal Global Law School for launch of Insolvency Law Working Paper Series
Insolvency and Bankruptcy Board of India (IBBI) has collaborated with O.P. Jindal Global University and Jindal Global Law School for the...
Aug 17, 20212 min read


Liquidation can’t be a benchmark under IBC, peer economies should be our benchmark: Jayant Sinha
In an interview, Jayant Sinha, chairman of the Parliamentary Standing Committee on Finance, said that India should compare its recovery...
Aug 17, 20213 min read
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