How latest amendments to Insolvency and Bankruptcy Code promise a swifter resolution process

Cross-border insolvency, out-of-court mechanism, swifter resolution: These are among the new measures to rescue stressed ...

Scrutiny of pre-bankruptcy deals of businesses expanded: Nirmala Sitharaman

Nirmala Sitharaman explained that the ‘lookback’ period has been expanded to cover two years of pre-bankruptcy transactions ...

IBBI draft rules require promoters to disclose crypto, foreign assets and more in bankruptcy

Under the proposed rule, whether promoters file for bankruptcy voluntarily or are forced into it by their banks, they must ...
The Financial Express

Insolvency Bill Explained – New rules introduced to promote investor confidence

The Lok Sabha on Monday approved a clutch of amendments to the Insolvency and Bankruptcy code (IBC) that will significantly reduce resolution timelines, and pave the way for struc ...
Edex Live

Faster insolvency, stronger oversight: What the new IBC amendments change

This report was published from a syndicated wire feed. Apart from the headline, the EdexLive Desk has not edited the copy.