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Monday, October 25, 2021

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Insolvency and Bankruptcy Code

‘Bad Bank’ is actually a good idea

The term ‘Bad Bank’ is mischievously deceiving; literally, it would mean a bank that has turned bad, that is, run out of capital and...

IBC Code – The way forward

The main objectives of enacting Insolvency & Bankruptcy Code (IBC) Code 2016 and establishing Insolvency & Bankruptcy Board of India (IBBI) are: • To bring...

Bharat’s insolvency and arbitration laws evolving

Bharat's laws relating to insolvency and arbitration are in sync with global practices, but are not a "cure for all problems" and would undergo...

SC upholds IBC provisions on corporate debt recovery from personal guarantors

The Supreme Court on Friday held that the Centre's notification of November 15, 2019, which allowed financial institutions to proceed against individual corporate guarantors...

Govt proposes pre-packaged insolvency resolution framework under IBC

The Ministry of Corporate Affairs has proposed a pre-packaged insolvency resolution framework under the Insolvency and Bankruptcy Code (IBC). The ministry has sought comments...

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