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Round Table on Pre-Packaged Insolvency Resolution Process under IBC, 2016
India has proposed a pre-packaged insolvency option that will allow creditors and debtors to work on an informal plan and then submit it...
Jan 15, 20211 min read


BharatPe and Centrum Group jointly may submit formal bid to acquire PMC Bank
The payments company BharatPe and financial services firm Centrum Group plan to make a formal bid for the crisis-hit Punjab and...
Jan 15, 20212 min read


Need to reduce the insolvency resolution time under IBC
As per the financial stability report released by Reserve Bank of India, the corporate insolvency resolution process (CIRPs), which...
Jan 13, 20212 min read


E-filing in NCLAT and Circuit Bench in Mumbai - Notice by Bombay HC to NCLAT
The Bombay High Court in a writ petition filed in relation to e-filing under NCLAT and establishing circuit bench of NCLAT in Mumbai.
Jan 11, 20212 min read


Pre-pack process to cut costs and time
The government has suspended the Insolvency and Bankruptcy Code (IBC) till 31 March 2021, but it is in the process of implementing a...
Jan 11, 20212 min read


Pre-packaged Insolvency Resolution Process under IBC, 2016--Invitation of comments from public
The efficacy of out-of-court workouts in delivering speedier resolutions provided regulators extend the same regulatory exemptions as...
Jan 9, 20211 min read


50% real estate cases closed by Jul-Sep '20 under IBC, 395 still seeking resolution
The enactment of the Insolvency and Bankruptcy Code 2016 (IBC), along with Real Estate (Regulation and Development) Act, 2016 (RERA Act)...
Jan 8, 20212 min read


IFCI adopts methodology to reduce its Non Performing Assets (NPAs)
IFCI employs focused, multi–pronged strategies to recover its dues from Non Performing Assets. The strategies employed by IFCI are...
Jan 7, 20211 min read


Retention of records relating to Corporate Insolvency Resolution Process
The Insolvency and Bankruptcy Code, 2016 (Code) read with various Regulations require an insolvency professional (IP) to maintain several...
Jan 5, 20211 min read


Retail loans rise slightly, corporate borrowings pushed up the bank credit growth marginally
The rise in retail loans and a slight uptick in corporate borrowings pushed up the bank credit growth marginally during the fortnight...
Jan 4, 20212 min read
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