Search result for 'bankruptcy resolution'

IBBI Chief says amendments to insolvency law will enhance timelines, effectiveness, and align with global best practices.

S&P Global Ratings upgrades India''s insolvency regime ranking due to improved creditor-friendliness and IBC effectiveness.

NFRA chief suggests long-term viability assessment for companies to avoid insolvency. Learn about the proposed 3-5 year horizon.

The National Company Law Tribunal (NCLT) President calls for more manpower to address delays in insolvency cases under the IBC, emphasizing the need for a second generation of reforms.

Creditors' haircuts in Indian bankruptcy cases rose to 73% in FY24, with resolution times increasing, according to Icra report. Learn about the impact on creditors and the insolvency process.

RBI Governor Shaktikanta Das highlights learnings from IBC implementation, suggesting course correction regarding resolution time & haircuts. 32% recovery rate achieved, but challenges remain.

RBI Governor Shaktikanta Das highlights learnings from the Insolvency and Bankruptcy Code (IBC) implementation, suggesting the need for course correction. He notes a 32% recovery rate on claims,...