Mondaq India: Insolvency/Bankruptcy/Re-structuring
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...
Singh & Associates
To punish the defaulters, India had numerous Acts in place like the Indian Contract Act,1872, the Recovery of Debts Due to Banks and Financial Institution Act 1993, the Securitizations and ...
Singh & Associates
Before India adopted the Insolvency and Bankruptcy Code, 2016 (the ‘IBC'), the Reserve Bank of India had promulgated a number of interim schemes for the resolution of stressed assets, namely -
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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.
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.
Dhir & Dhir Associates
The moratorium in terms of Insolvency and Bankruptcy Code, 2016 (‘IBC') means a period wherein no judicial proceedings for recovery, enforcement of security interest, sale or transfer of assets, or termination of essential contracts can be instituted or continued against the Corporate Debtor.
SNG & Partners
Summary suits under Order XXXVII of the Code of Civil Procedure, 1908.
Singh & Associates
Insolvency and Bankruptcy Code, 2016 is enacted to consolidate and amend laws pertaining to insolvency and resolution. Part Ii of the Code deals with the Insolvency Resolution and Liquidation for ‘Corporate persons'.
S.S. Rana & Co. Advocates
In proceedings with regards to the provisions of the Insolvency and Bankruptcy Code, 2016 the Bombay High Court has passed a landmark judgement ruling that an application under IBC may be made even in cases where ...
S.S. Rana & Co. Advocates
The amendments to the IBC have made an attempt to ensure that only viable resolution plans from credible sources are accepted.
Singh & Associates
Recently, the Hon'ble High court of Bombay in the Company Application1 made in Company Petition No. 434 of 20152 ...
Singh & Associates
To punish the defaulters, India had numerous Acts in place like the Indian Contract Act,1872, the Recovery of Debts Due to Banks and Financial Institution Act 1993, the Securitizations and ...
Singh & Associates
Whenever a person is declared as insolvent, certain transactions undertaken during the process of insolvency or even before that are avoided to overturn their effects on the finances of the corporate debtor
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