Government sets target to resolve 9 top high priority insolvency cases by March
India had ‘socialism without entry’ before economic liberalization in the early 1990s. This had a negative impact on the nation’s economy and India ...
Tag: Insolvency
Power Sector seeks exemption from insolvency proceedings under IBC law
The power sector wants an exemption from Insolvency proceedings under Insolvency and Bankruptcy law (IBC). The government wants to warehouse stressed power projects ...
Not my fault: Videocon founder blames Supreme Court, PM Modi, Brazil for company’s losses.
Venugopal Dhoot, whose company Videocon Industries is sitting on a debt pile of 39 billion rupees ($579 million) has blamed PM Modi, Supreme ...
Tata Steel acquires Bhushan Steel under new Insolvency & Bankruptcy Act
National Company Law Tribunal (NCLT) has approved Tata Steel's bid to acquire the bankrupt Bhushan steel. This is the second biggest dissolution of ...
Understanding IBC: Insolvency and Bankruptcy Code
Amidst the megaton explosions of Demonitization and GST roll-out, crackle of Insolvency and Bankruptcy Code (will be addressed as IBC henceforth) has taken ...
