Mondaq Asia Pacific: Insolvency/Bankruptcy/Re-structuring
Corrs Chambers Westgarth
With the right approach at an early stage, the effort of proactively seeking court assistance can pay great dividends.
Madgwicks
These new provisions will only apply to contracts entered into from 1 July 2018, and will not apply retrospectively.
Dhir & Dhir Associates
The present legal framework in India to deal with the Insolvency and Bankruptcy situation is legislated in the provisions of the Insolvency and Bankruptcy Code, 2016 ...
Fair & Just Legal Solutions LLP
The Insolvency and Bankruptcy Code, 2016 ("Code") is considered as one of the biggest economic reforms.
Tuli & Co
The OTS was treated as a Resolution Plan and was approved by a 100% vote of the CoC. The Resolution Plan was thereafter placed before the NCLT for recording its satisfaction as per §31 of the IBC.
IndusLaw
The lowering of the threshold for decision making by the CoC should further the objective of promoting the resolution of corporate debtors and use liquidation as a last resort.
Phoenix Legal
The Insolvency and Bankruptcy Code (Amendment) Ordinance, 2018 (Ordinance) has been promulgated by the President of India on June 6, 2018.
IndusLaw
These Delisting Regulations have been amended to provide that henceforth, an application for listing of delisted equity shares may be made in respect of a Corporate Debtor.
Tuli & Co
The Government of India, in order to iron out the issues plaguing the Insolvency and Bankruptcy Code, 2016 ("IBC Code") has been making amendments at a rapid pace.
Nishith Desai Associates
5th Lifecycle Of India Focused Funds Conference (May 18, 2018) PRIMER ON SECURITY ENFORCEMENT AND THE NEW INSOLVENCY AND BANKRUPTCY REGIME
Vaish Associates Advocates
I. NCLT allows consideration of revised offer by UltraTech Cement Limited upholding the objective of the IBC in the insolvency resolution of Binani Cement Limited
Nishith Desai Associates
NDA Series on Insolvency and Bankruptcy Code: May24 2018.
Vaish Associates Advocates
The corporate insolvency resolution process has been facing several hiccups and the law has been evolving. One of the tricky issues has been the regulatory approvals required ...
Singh & Associates
The personal guarantors challenged this order of the Ld. DRT before the Hon'ble Allahabad High Court.
Nishith Desai Associates
Webinar : NDA Series On Insolvency And Bankruptcy Code: Recent Jurisprudence, Issues And Proposed Amendments – Part II (May 02, 2018) QnA
Nishith Desai Associates
Webinar : NDA Series On Insolvency And Bankruptcy Code: Recent Jurisprudence, Issues And Proposed Amendments – Part II (May 02, 2018)Webinar (Video)
Nishith Desai Associates
Webinar : NDA Series On Insolvency And Bankruptcy Code Recent Jurisprudence, Issues And Proposed Amendments – Part II (May 02, 2018) Promo (Video)
NovoJuris Legal
In case of any disputes between the parties, there are probabilities that parties might compromise and settle the matter during the pendency of the case before the Court.
Nishith Desai Associates
The Principal Bench of the National Company Law Tribunal has directed the resolution professional and committee of creditors of Bhushan Power and Steel Limited to consider...
S.S. Rana & Co. Advocates
The Insolvency and Bankruptcy Board of India vide press release1 dated March 28, 2018, has amended the Insolvency and Bankruptcy Board of India (Insolvency Resolution Process...
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ClarkeKann Lawyers
PBAs are trust accounts, intended to protect down the line subcontractors from the insolvency of up the line contractors.
Worrells Solvency & Forensic Accountants
Section 588FDA of the Corporations Act provided that it was voidable as an unreasonable director-related transaction.
Khurana and Khurana
The Corporate Debtor/Respondent (Uttam Galva Metallics) defaulted in the payment to the Operational Creditor/Appellant (Macquarie Bank) amounting to USD 6,321,337 equivalent to Rs. 43,11,15,190.
Worrells Solvency & Forensic Accountants
This article examines challenges to the entitlement of creditors in bankrupt estates to vote at meetings of creditors.
Stacks Law Firm
Creditor sues for money received by bankrupt from his late mother's superannuation fund.
Dhaval Vussonji & Associates
The Insolvency and Bankruptcy Code, 2016 (IBC) has consolidated and amended the laws relating to reorganization and insolvency of corporate persons, partnership firms and individual firms.
Corrs Chambers Westgarth
Options available to liquidators when examinee fails to appear including option of adverse costs orders if examinee appeals.
Worrells Solvency & Forensic Accountants
The judge provided guidance on some key principles around a bankrupt trustee's right of indemnity out of trust assets.
Worrells Solvency & Forensic Accountants
AFSA has recently released annual statistics, trends and also data about personal insolvency causes for the 2016-17 year.
Worrells Solvency & Forensic Accountants
A company director who receives a statutory demand for payment from a creditor must act appropriately within 21 days.
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