Tag: IBC
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Govt plans to table Insurance, IBC Amendment Bills in Winter Session; Supplementary demands likely early in session
The Centre plans to table the Insurance and IBC Amendment Bills in the Dec 1–19 Winter Session, with Supplementary Demands for Grants expected early...
Need a functional IBC framework, not court-dependent solutions, say experts
Experts say Finance Minister Nirmala Sitharaman’s proposed amendments to the Insolvency and Bankruptcy Code (IBC) could improve India’s insolvency resolution process — but only...
FinMin rejects Corporate Affairs’s pitch to exempt IBC loan waivers from income tax
In a striking inter-ministerial divergence, the Ministry of Finance (MoF) has rejected a key recommendation made by the Ministry of Corporate Affairs (MCA) to...
Banks raise red flags over IBC after Supreme Court strikes down Bhushan Power and Steel’s resolution plan
The Insolvency and Bankruptcy Code (IBC) has come under sharp scrutiny following the Supreme Court’s decision to liquidate Bhushan Power and Steel Ltd (BPSL),...
