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Insolvency And Bankruptcy Board Of India

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Govt names former SC judge Ashok Bhushan as NCLAT president

The government has appointed Justice Ashok Bhushan, a former judge of the Supreme Court, as chairperson of the National Company Law Appellate Tribunal (NCLAT). Besides, it has appointed Justice......

How Modi Can Overcome Coalition Challenges

If the concerns over risking political capital are overcome, the long-term gains for the Indian economy will be immense, asserts A K Bhattacharya. IMAGE: Narendra D Modi during the National......

Monsoon Session: 14 bills ready to be tabled, govt promises discussion

A day before the start of the monsoon session of Parliament, the government on Sunday said 32 bills have been indicated by various departments for presentation in two houses of which 14 are ready,......

After UPI and ULI, banks to set up Unified Recovery Interface

Eying benefits from digital banking, lenders are now looking at building Unified Recovery Interface (URI) for enhancing efficiency, reducing costs, and getting good prices for properties of......

A fifth of AIF investments questionable in terms of intent: Sebi official

Sebi had issued norms to bring clarity on the on boarding of accredited investors, however, the certification for the same have not picked up much. Illustration: Uttam Ghosh/Rediff.com Around Rs 1......

IBBI allows same RP for company and personal guarantor insolvency

The Insolvency and Bankruptcy Board of India (IBBI) has lifted the restriction to allow the same insolvency professional for the resolution process of a company as well as its personal guarantor......

Liquidation share in insolvency cases on the decline, shows IBBI data

From almost 60 per cent as of December 2019, the share of liquidations in the mode of closure of total Insolvency and Bankruptcy Code (IBC) cases came down to 44 per cent till September 2023, data......

In a huge relief to homebuyers, allotted houses to stay out of liquidation

In a relief to homebuyers, assets in a real estate project that have been handed over to the allottee would be kept out of the liquidation process of the company, the latest amendment to the rules......

NCLT notice questions Byju's grade over BCCI petition

IMAGE: BCCI's counsel informed NCLT that a general notice was issued to Byju's through an e-mail dated January 6, 2023, with a default amount of Rs 158 crore, excluding TDS. Photograph: BCCI/X......

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