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Bankruptcy Law News
Claims worth Rs 3.13 lakh cr under insolvency proceedings
Mon, Jan 29, 2018
In June last year, the Reserve Bank had identified 12 accounts, each having more than Rs 5,000 crore of outstanding loans accounting for 25 per cent of total NPAs or bad loans of banks, for immediate referral for resolution under the bankruptcy law.
SEBI to levy fee on P-Notes; eases takeover rules for bankruptcy law
Wed, Jun 21, 2017
News @ 5 : This segment of Zee Business brings to you major business and economy news of the day. Updates regarding change in rules for NPA companies by SEBI, CDSL IPO and share market are provided in the bulletin. About Zee Business --------------------------
Rating agencies several notches behind India's reality: Das
Sun, Feb 05, 2017
Taking a dig at global rating agencies for failing to upgrade India's sovereign rating despite significant improvement in macroeconomic parameters, Economic Affairs Secretary Shaktikanta Das has said the agencies are several steps behind from reality and are missing out on something which only they can best explain.
Top industry leaders cheer passage of Bankruptcy Code
Fri, May 06, 2016
The new Bankruptcy Code is quite significant as it seeks to provide a framework which will play an extremely crucial role in ensuring insolvency resolution of corporates and individuals, said the CII Director
Six things to know about proposed bankruptcy code
Mon, May 02, 2016
Experts caution, however, that it would take years to train up a new class of insolvency professionals and compile debt records to make the British-style regime effective.
Bankruptcy Law cleared by Joint Parliament Standing Committee: Arun Jaitley
Wed, Apr 27, 2016
Jaitley said the government is taking various steps, including introduction of Bankruptcy Law in the Lok Sabha