The Inception The problem of surging NPAs on one hand and the issues of indebted companies on the otherwere the primary reason that gave birth to the Insolvency & Bankru
The Standing Committee on Finance of the parliament has come out with a report on implementation of the Insolvency and Bankruptcy Code (IBC) - pitfalls and solutions. It was presented in both house
The Insolvency and Bankruptcy Code (IBC) 2016 was enacted in May 2016. It was a milestone event in the financial sector reforms. In its five years of journey, five key takeaways of IBC are as follo
In April 2021, the Reserve Bank of India (RBI) appointed a six-member committee headed by a former Executive Director of RBI to comprehensively review the functioning of Asset Reconstruction Compan
From December 2016, the Indian business community at large, bankers and financial institutions, among other stakeholders, were introduced to a new comprehensive legal and institutional machinery &n