Insolvency and Bankruptcy Code

INSOLVENCY AND BANKRUPTCY CODE NEWS

How Subhash Chandra’s Rs 6.25-crore resolution proposal sailed through

August 30, 2026 1:18 pm

Banks say that the Zee founder’s associates and related parties, which had a greater vote share, backed the repayment plan. Chandra’s office has denied the claim.

Subhash Chandra’s Rs 6.5-crore settlement: What are ‘haircuts’ and how high can they get?

August 29, 2026 11:50 am

The Zee founder’s Rs 6.25-crore settlement is just a fraction of what lenders are owed, highlighting a larger problem with recoveries under the IBC. In 2025-26, banks recovered only 20% of what they were owed through the insolvency process — the lowest in five years.

Fresh IBC amendments: How govt looks to plug gaps in insolvency code

April 04, 2026 9:24 am

The IBC was enacted in 2016 to create a time-bound mechanism to deal with companies that default on their loans — by reviving them through resolution or liquidating them if resolution is not possible.

IBC resolution process: House panel raises concerns over 'haircuts', asset valuation; encourage global bidding

December 03, 2025 7:55 pm

The committee recommended adopting an enterprise-level price discovery mechanism, besides suggesting cross-border insolvency to strengthen IBC.

With IBC Amendment Bill, govt hopes to expedite insolvency process, maximise value: Key takeaways

August 13, 2025 3:43 pm

The amendment bill has proposed changes to improve the efficiency and oversight in the liquidation process by authorising the CoC to supervise liquidation.

With long delays and steep haircuts, chorus for revamping Insolvency and Bankruptcy Code grows louder

October 06, 2024 7:28 am

In the recent past, various stakeholders, including RBI Governor Shaktikanta Das and the Parliament’s Standing Committee on Finance, also flagged concerns and the need to rethink the IBC's design.

Flats not delivered on time, years of litigation: Jaypee homebuyers remain stuck in limbo

February 12, 2024 8:46 am

Flats not delivered on time, years of litigation, mounting expenses — for buyers who purchased flats in Jaypee’s housing projects, their dreams of a home have turned into a nightmare. While another firm was brought on board to take over construction, the finish line is far from close. What went wrong? Dheeraj Mishra finds out

Express View: Bankruptcy code’s loose ends

November 29, 2023 10:57 pm

Outcomes under bankruptcy code continue to fall short of expectations. Measures are needed to improve its functioning

Average time taken for IBC resolution at three-year high

August 31, 2023 4:39 am

The timelines for the resolution of cases under CIRP or Insolvency and Bankruptcy Code (IBC) continue to increase for operational creditors (OCs) and financial creditors (FCs) during the June quarter.

In audio clips, Nitin Desai heard urging govt to ensure his studio is not seized: Cops

August 13, 2023 2:34 pm

An officer said that they have sent the audio notes to the Forensic Science Laboratory (FSL) to confirm its authenticity.

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