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Saturday, December 04, 2021

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BANKRUPTCY CODE NEWS

What to expect in 2019, Economy: Some gains likely in poll year, but don’t count on growth spurt yet

December 31, 2018 11:18 am

Gains from GST and insolvency code will begin to accrue, but may not immediately translate into higher growth rates. The impact of the new government’s decisions will take a while to show. Major worries remain at home and abroad. Expect volatility in the stock markets.

Beyond 270-day period: ‘Delay in resolution of 12 big a/cs cost banks Rs 4,000 crore additional income’

November 13, 2018 1:42 am

Till September 30, there have been 52 resolution plans approved by the NCLT which has led to the financial creditors realising a cumulative amount of about Rs 58,400 crore.

Bankruptcy cases: Foreign funds load up equity to buy companies

September 17, 2018 12:58 am

Specialised stressed assets funds line up more than Rs 15,000-crore equity capital, joining hands with Indian entities.

Signals from a bankruptcy

May 25, 2018 12:01 am

The Bhushan case is a brick in the wall of a new corporate meritocracy where rule of law matters.

Bankruptcy ordinance: Businesses will have to either perform or exit, no room for wilful defaulters, says Finance Ministry

November 28, 2017 4:24 pm

"It is a moral and ethical responsibility to prohibit entry of such misuse of public money. The cushion of loan waiver of any kind does not arise," an official said

Mallya-like episode impossible under new Bankruptcy Code: TK Viswanathan

May 31, 2016 7:59 am

Former Union law secretary TK Viswanathan said the law also allows workers of a company to initiate voluntary liquidation proceedings.

Bankruptcy Code: Creative destruction

May 13, 2016 12:01 am

Bankruptcy Code will ease dispute resolution, embolden entrepreneurs.

Simply put: Why the proposed Bankruptcy Code is needed, how it’ll tackle bad debts

May 10, 2016 7:02 am

Indian Express explains a significant reform — given the bad-loan crisis in banking, and cases of default such as Mallya’s.

Bankruptcy Code positive financial sector reform: Nomura

May 08, 2016 1:57 pm

The Code is also seen as a big positive for the banking sector, which is currently burdened with stressed assets.

Making a money bill of it

January 12, 2016 12:03 am

The bankruptcy code, not a money bill, was introduced in Lok Sabha as one. Is this the first of a new trend?

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