Speaking at the inauguration, Shri Kumar Rohit said that the Insolvency and Bankruptcy Code, 2016, has fundamentally reshaped ...
Relying on Supreme Court precedent, the Tribunal held that the IBC has overriding effect over the Income-tax Act. The decision confirms that tax appeals cannot survive once insolvency proceedings are ...
Mumbai: Insolvency and Bankruptcy Code 2016 is a law that was implemented through an act of Parliament. IBC got Presidential assent in May 2016 and was put into effect after that. Certain provisions ...
Pre-packs were introduced as a lifeline for MSMEs, but their design has left them stranded between potential and risk. By ...
New Delhi [India], November 25 (ANI): The Union Minister of Commerce and Industry Piyush Goyal on Thursday termed the Insolvency and Bankruptcy Code (IBC), 2016 as a "gamechanger reform" that has been ...
The Insolvency and Bankruptcy Code (IBC), enacted in 2016, aimed to streamline and expedite the insolvency resolution process in India. While the IBC has undoubtedly brought significant reforms to the ...
India, Jan. 20 -- The Pandit Deendayal Upadhyaya National Academy of Social Security (PDUNASS), New Delhi, yesterday inaugurated a five-day training programme on 'Legal Management & Insolvency and ...
The Insolvency and Bankruptcy Code of 2016 (IBC) was established with the goal of conducting the corporate insolvency resolution process (CIRP) of a debt-ridden company.
The Insolvency and Bankruptcy Code, 2016 (IBC Code) enacted on May 28, 2016, provides for invitation of resolution plans from Prospective Resolution Applicants (PRAs) for revival of the corporate ...
NCLAT held that once a resolution plan is approved and implemented, later challenges by creditors cannot be entertained. The key takeaway is the finality of an implemented resolution ...
SBI on IBC Code: The insolvency and bankruptcy code (IBC) 2016 has met with much success in its short period of 3 years. SBI on IBC Code: IBC Amendment Act 2019 in India is a culmination of 60 years ...