Mondaq Asia Pacific: Insolvency/Bankruptcy/Re-structuring
BRI Ferrier
This article discusses the extent that the provision allows encroachment on the rights of a circulating security holder.
KordaMentha
The decision reinforces the need for creditors to properly register their security interests to protect their collateral.
Dhaval Vussonji & Associates
Q1. Have all provisions of the Insolvency and Bankruptcy Code, 2016 been notified? A1. Not all provisions of the Code have been notified. Following is a list of the provisions that are in force:
Khaitan & Co
Pursuant to notification of the provisions relating to insolvency resolution and liquidation process under the Insolvency and Bankruptcy Code, 2016, several applications have been made to the NCLT...
Phoenix Legal
With the fast paced release of notifications and rules one after the other in the last quarter of 2016, much of the Insolvency and Bankruptcy Code...
Dhir & Dhir Associates
India is heading towards a new era of dealing with insolvencies and bankruptcies, whether corporate or individual, by promulgating a comprehensive Insolvency & Bankruptcy code at par with global standards...
Phoenix Legal
It appears that the code should become fully operational in the coming months, thus overhauling and improving India's business and commercial environment significantly.
Singh & Associates
To make debt recovery more effective, the Minister of Finance, Mr. Arun Jaitley, has moved the Enforcement of Security Interest and Recovery of Debts Laws and Miscellaneous Provisions...
S.S. Rana & Co. Advocates
For attracting investment into the country, the foremost concern of a creditor is that there should be some security for his/her investment.
Ernst & Young
Refer below a balance sheet for XYZ Limited, based on the balance sheet and additional information provided provide a working for outcome to different class of creditors.
Ernst & Young
The Insolvency and Bankruptcy Code, 2016 (the Code) is, undoubtedly, a significant reform.
Ernst & Young
A vast majority of the legal systems in the Commonwealth countries are founded on English common law.
Ernst & Young
ABC Limited (the Company), which commenced operations in 2001, is a 100% holding company for four different companies operating in the healthcare sector.
Ernst & Young
This is the year of landmark reforms: GST and the Bankruptcy Code (Code). While the Code is hailed as one of the best, the devil lies in the detail.
Phoenix Legal
After inviting applications for the chair and board members, the Appointments Committee of the Cabinet appointed MS Sahoo as the chair of the Bankruptcy Board on September 22 2016.
Khaitan & Co
The Insolvency and Bankruptcy Code, 2016, a landmark legislation consolidating the regulatory framework governing the restructuring and liquidation of persons was enacted into law by the Parliament on 11 May 2016.
IndusLaw
It's no secret that the Indian banking industry has a rather large number of loans outstanding that have simply gone wrong.
Nishith Desai Associates
The Insolvency And Bankruptcy Code, 2016: Impact On Bondholders, Investors And Companies (Oct 06, 2016)
Ernst & Young
The Insolvency and Bankruptcy Code, 2016 (IBC) was passed by the Parliament on 11 May 2016, received Presidential assent on 28 May 2016 and was notified in the official gazette on the same day.
Chapman Tripp
MBIE is proposing law changes after the Court ruled that KiwiSaver funds are beyond the reach of the Official Assignee.
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Trilegal
The Insolvency and Bankruptcy Code passed by the Parliament is a welcome overhaul of the existing framework dealing with insolvency of corporates, individuals, partnerships and other entities.
S.S. Rana & Co. Advocates
The constitution of the aforesaid Tribunals is in exercise of the powers conferred by Sections 408 and 410 respectively of the new Companies Act, 2013.
DibbsBarker
This case was a useful summary of when the courts are likely to grant leave to proceed against a company in liquidation.
Phoenix Legal
With the fast paced release of notifications and rules one after the other in the last quarter of 2016, much of the Insolvency and Bankruptcy Code...
Phoenix Legal
It appears that the code should become fully operational in the coming months, thus overhauling and improving India's business and commercial environment significantly.
IndusLaw
It's no secret that the Indian banking industry has a rather large number of loans outstanding that have simply gone wrong.
Khaitan & Co
As a demonstration of India's combined political will, the much awaited and debated Insolvency and Bankruptcy Code, 2016 was passed by the Upper House of the Parliament on 11 May 2016 (shortly after being passed by the Lower House on 5 May 2016).
Singh & Associates
Insolvency is a term which has always been related to an individual or a company/business.
KordaMentha
The decision reinforces the need for creditors to properly register their security interests to protect their collateral.
Trilegal
The recent amendments to the SARFAESI Act demonstrate the Indian government's commitment to put in place an efficacious system for dealing with bad debts and making debt recovery easier and effective.
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