IBBI removes sale of company as going concern in liquidation; now only asset sales allowed, shifting focus strictly to terminal liquidation process. Illustrations: Dominic Xavier/Rediff The Insolvency and Bankruptcy ...
As much as 60 per cent of all resolution plans under Insolvency and Bankruptcy Code (IBC) were approved in the last three years alone, with over 30,000 cases having ...
The Insolvency and Bankruptcy Board of India (IBBI) has lifted the restriction to allow the same insolvency professional for the resolution process of a company as well as its ...
In what might end in a whole overhaul of the Insolvency and Bankruptcy Code (IBC), the insolvency regulator has sought public feedback on the regulations it notified underneath the ...