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Saturday, August 9, 2025
TopicIBC

Topic: IBC

Cabinet approves amendments to insolvency law to protect bidders from risks

The amendments ensures successful bidders are ring-fenced from any risk of criminal proceedings for offences committed by previous promoters of the companies.

Why personal guarantors will now face trouble if their companies can’t repay debt

Personal guarantors have now been brought under Insolvency & Bankruptcy Code, meaning lenders can take them to tribunals alongside their companies.

Modi govt bringing NBFCs under bankruptcy code will clog the tribunal even more

Considering delays in ongoing cases under the National Company Law Tribunal, NBFCs require a separate mechanism for handling bankruptcy.

Lok Sabha passes amendments to Insolvency and Bankruptcy Code Bill

The amendments to the bill include strengthening the position of financial creditors and completing the Corporate Insolvency Resolution Process in 330 days.

Rajya Sabha passes Insolvency & Bankruptcy Code amendment restoring lenders primacy

The amendments give lenders explicit authority over distribution of proceeds of auction of loan defaulting companies.

Relief for banks as Modi govt moves to reform Insolvency and Bankruptcy Code

Amendments to IBC include making the process time-bound & more effective. They could impact cases like that of Essar Steel.

Modi cabinet clears 7 amendments to Insolvency and Bankruptcy Code

The amendments are aimed at filling gaps in the corporate insolvency resolution framework and maximising value from the resolution process.

Essar case shows Bankruptcy Code is another Indian law ruined by endless litigations

The right measure to evaluate the IBC is not the yardstick of what happened under SICA or DRT laws, but what is happening now – a 270-day deadline for resolving cases.

No job losses due to merger of public sector banks, says Arun Jaitley

The finance minister said merging Vijaya Bank and Dena Bank with Bank of Baroda will decrease the cost of lending and NPAs.

On Camera

Buying Russian oil, misreading Trump—3 points will define India’s next energy strategy

India should have secured greater savings by pressing Russia for prices nearer the cap while sustaining high volumes. This would have preserved strategic autonomy and served economic logic.

Go Swadeshi—RSS affiliate SJM calls for boycott of US firms Amazon, Walmart after Trump’s tariff hike

New Delhi: The day after the US imposed a 50 percent trade tariff on India, RSS affiliate Swadeshi Jagran Manch (SJM) has made an...

Shadow war over India’s defence procurement on social media raises concerns of dodgy & undue influence

One such website has drawn particular scrutiny for spreading fake stories that have upset not only the Indian but also foreign defence firms by falsely attributing misinformation.

Pakistan, Dhaka have played Washington well. Back home, Modi ecosystem has an inner conflict

To protect ourselves from Trumpian diplomacy, first we must introspect the bipolarity within our establishment discourse.