IBC Ordinance to have no impact on valuation of assets under resolution: SBI chief
The President today gave his assent to the Ordinance amending the Insolvency & Bankruptcy Code, 2016.
Nov 23, 2017, 17:50 PM ISTInsolvency and Bankruptcy Code 2016: Check out gist of the amendments
The IBC became operational in December 2016 and provides for a time-bound insolvency resolution process.
Nov 23, 2017, 16:29 PM ISTPresident approves ordinance on Insolvency and Bankruptcy Code
The ordinance was approved by the cabinet on Wednesday.
Nov 23, 2017, 13:59 PM ISTGovt to come out with ordinance to tighten insolvency law
The Code, which became operational in December last year, provides a market-determined and time-bound insolvency resolution process. Over 300 cases have already been approved by the National Company Law Tribunal (NCLT) to be taken up under the law, implemented by the corporate affairs ministry.
Nov 22, 2017, 17:00 PM ISTInsolvency law: Govt sets up 14-member panel to identify issues
The move also comes against the backdrop of concerns in certain quarters about various aspects of the law including the possibility of promoters wresting back control of a company under insolvency process.
Nov 21, 2017, 20:09 PM IST