The pragmatic answer is that IBC is doing both. It is resolving businesses where there is genuine economic value left ...

The new insolvency and bankruptcy code (IBC) has completed a successful 5-year journey. The code has been often criticised for low recovery rate. But it is a new law and as the law stabilises, there ...

The IBC engendered a culture of corporate accountability and credit discipline. The Insolvency and Bankruptcy Code (IBC) transformed India’s approach to corporate financial distress. Once, it was said ...

The finance minister on March 24, and thereafter on May 17, had announced that the Government of India intended to suspend the applicability of Section 7, 9 and 10 of the Insolvency and Bankruptcy ...

The government is examining suggestion to raise threshold of Rs 1 lakh default to invoke the Insolvency and Bankruptcy Code (IBC) to reduce number of cases in the NCLT, Corporate Affairs Secretary ...

The Supreme Court on Thursday upheld certain key provisions of the Insolvency and Bankruptcy Code (IBC) which were challenged on grounds of being violative of fundamental rights like the right to ...

The Cabinet, which has recommended the promulgation of an ordinance to amend the Insolvency and Bankruptcy Code (IBC), has suggested that promoters of companies with turnover of up to Rs 250 crore ...

The National Company Law Tribunal (NCLT) has ordered insolvency proceedings against Future Retail under the Insolvency and Bankruptcy Code (IBC). The tribunal also rejected objections raised by Amazon ...