Updated : 1 week, 3 days ago IST
New Delhi [India], Jan 9 (ANI/NewsVoir): Recently the Union Cabinet has cleared a proposed change to Section 7 of the Insolvency and Bankruptcy Amendment Bill (2019) which suggests that at least 100 or 10 per cent of the total buyers, whichever is lower in a real estate project will have to
Updated : 1 week, 5 days ago IST
New Delhi [India], Jan 7 (ANI): The Insolvency and Bankruptcy Board of India (IBBI) has notified the Insolvency and Bankruptcy Board of India (Liquidation Process) Amendment Regulations 2020.
Updated : 3 weeks, 5 days ago IST
New Delhi [India], Dec 24 (ANI): The Union Cabinet on Tuesday approved a proposal to promulgate an ordinance to amend the Insolvency and Bankruptcy Code (IBC) 2016.
Updated : 1 month, 1 week ago IST
New Delhi [India], Dec 12 (ANI): A bill was introduced in the Lok Sabha on Thursday which seeks to remove bottlenecks, streamline the Corporate Insolvency Resolution Process (CIRP) and protection of last-mile funding to boost investment in financially distressed sectors.
New Delhi [India], Dec 11 (ANI): The Union Cabinet, chaired by Prime Minister Narendra Modi, on Wednesday approved the proposal to make amendments in the Insolvency and Bankruptcy Code, 2016 (Code), through the Insolvency and Bankruptcy Code (Second Amendment) Bill, 2019.
Washington D.C. [USA], Dec 7 (ANI): California's Pacific Gas and Electric (PG&E) on Friday (local time) said that it has agreed to pay USD 13.5 billion to the victims of wildfires that had killed dozens of people and destroyed tens of thousands of homes across Northern California last year.
Updated : 1 month, 2 weeks ago IST
Mumbai (Maharashtra) [India], Nov 30 (ANI): The Reserve Bank of India (RBI) has filed an application to initiate insolvency proceedings against mortgage lender Dewan Housing Finance Ltd (DHFL).
Updated : 1 month, 3 weeks ago IST
Singapore, Nov 25 (ANI): Inclusion of non-bank finance institutions (NBFIs) in the Insolvency and Bankruptcy Code (IBC) 2016 is credit positive for banks, Moody's Investors Service said on Monday.
Updated : 2 months, 1 week ago IST
Washington D.C. [USA], Nov 12 (ANI): Warner Bros is set to come up with a film based on the famous German shepherd, Rin Tin Tin, who was once credited with saving the studio from bankruptcy in the 1920s.
Updated : 3 months ago IST
Washington DC [USA], Oct 20 (ANI): More than two years after filing for bankruptcy, Toys 'R' Us has managed to make a comeback with the support of a competitor, just in time for the holiday season.
Updated : 3 months, 2 weeks ago IST
New Delhi [India], Oct 1 (ANI): Lauding the Insolvency and Bankruptcy Code (IBC), Finance Minister Nirmala Sitharaman on Tuesday said it has improved business environment in the country by making it easier for businesses to exit in case of difficulties.
Jaipur (Rajasthan) [India], Oct 1 (ANI): Chief Minister Ashok Gehlot has written to Prime Minister Narendra Modi, requesting him to safeguard the state government's assets and interests of workers in the eventuality of insolvency of a public enterprise.