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Insolvency Bankruptcy Board Of India

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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,......

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......

Limited choices in strategic partners in defence

The defence ministry has lost sight of what it intended to achieve -- which was to nurture private defence firms that would compete on equal terms with the 9 defence PSUs and the 41 Ordnance......

FULL TEXT of PM Modi's I-Day address

Following is the full text of Prime Minister Narendra Modi's address from the ramparts of the Red Fort on the 73rd Independence Day.  IMAGE: Prime Minister Narendra Modi addresses the nation......

Byju's EGM gets underway; investors file suit in NCLT

An Extraordinary General Meeting (EGM) of Byju's shareholders got underway on Friday to vote on a resolution brought by some investors to ouster founder CEO Byju Raveendran and his family over......

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......

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......

IBC: Timely support from the judiciary is MUST

IBC has been revolutionary in many ways and is a formidable instrument for stress resolution. And despite the room for improvement, the overall effectiveness of IBC in the distress space is......

NBFC business has to hit the reset button after RBI strengthens norms

“We will raise Rs 300 crore via bonds of two-, three- and five-year tenures. This will be our maiden bond issuance and is part of our effort to widen funding sources,” says Vimal......

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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