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IBBI introduces electronic forms for monitoring liquidation processes
Presently, the IPs submit the details regarding the liquidation process, to the board through emails, which is time-consuming and inefficient, the...
1.06 lakh firms voluntarily exit in 5 years
1,168 cos sought liquidation under Insolvency and Bankruptcy Code-2016: Govt
IBC recovery rate falls to 32%
Mumbai: Introduction of a focused bankruptcy law has helped improve the credit culture in India, but the last few years have seen a decline in...
Real estate insolvency resolution on the rise, but challenges remain
Share of real estate in recoveries under IBC up 18.8%
Creditors recover Rs 3trn via IBC
Resolutions under insolvency law likely to touch 300 this year: IBBI chief
IBC brought behavioural change among borrowers, says SBI MD
The biggest change IBC has brought in the system is that NPA or a default is no longer a bank problem and it has now become the borrower’s problem, he...
Unions turn against concessions to willful defaulters
Insolvency and Bankruptcy Code has become a method to loot public money because banks incur huge haircuts and sacrifice in these deals: AIBEA
Go First missed its financial obligations: P&W
With the Wadia group’s low cost Go Airline (India) Ltd (Go First) squarely blaming engine supplier, the US-based Pratt & Whitney for its financial...