Officers to be encouraged for quick biz rescue

The Insolvency and Bankruptcy Board of India (IBBI) has set minimum compensation to be paid to…

₹1 tn to the founders of sinking companies. was dragged to the tribunal for

New Delhi Shareholders and founders who give personal guarantees to their companies, additional comfort to lenders,…

Bankruptcy offers new business opportunities for consultants

Industry executives said several consulting firms and insolvency professionals are exploring plans to set up entities…

Scheme to resolve MSME bankruptcy finds some buyers

New Delhi Small businesses bankruptcy resolution plan launched last April has received little response so far,…

Insolvency resolution can be accelerated by making credit information suppliers more efficient: IBBI

New Delhi Making credit information suppliers more effective can reduce avoidable delays in adjudicating bankruptcy cases…

IBBI plans to tackle suspicious transactions

New Delhi According to a resolution by the Insolvency and Bankruptcy Board of India (IBBI), corporate…

IBBI issues new norms to expedite voluntarily liquidation

The Insolvency and Bankruptcy Board of India (IBBI) has issued a new set of rules to…

Foreign creditors may soon be in charge of defaulting assets of Indian companies

New Delhi : Representatives of foreign creditors may be in charge of distribution of local assets…

How will another change help improve IBC?

The Insolvency and Bankruptcy Code (IBC), which helped improve the credit culture in the country and…

New rules to help with bankruptcy resolution

New Delhi : Changes the rule that the Insolvency and Bankruptcy Board of India (IBBIExperts said…