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The new Insolvency and Bankruptcy Code Bill introduces a host of amendments to the existing insolvency and bankruptcy law. Here's a lowdown on key amendments in the insolvency and bankruptcy law.&nbsp;

Insolvency and Bankruptcy (IBC) Bill: 7 key amendments that distinguish it from existing law

In April, Government operationalised pre-packaged insolvency resolution (PIRP) framework for MSMEs that is based on the 'debtor-in-possession' model which involves a resolution professional monitoring the entire process to ensure transparency.

Govt may offer pre-pack insolvency resolution plan even for large corporates

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.

Claims worth Rs 3.13 lakh cr under insolvency proceedings

Looking at new growth opportunities in Indian economy: ICICI

&nbsp;IBC was introduced in 2016, with an aim to find a time-bound resolution on companies that have become insolvent and to protect the interest of creditors.&nbsp;

Lok Sabha passes amendment in Bankruptcy code

Government should go slow on public sector bank mergers: Raghuram Rajan

RBI might take up NPAs worth Rs 8 lakh crore for resolution by 2019: Assocham

The Monsoon Session of Parliament begins next week on July 17 and closes on August 11.

Govt to push Banking Regulation Bill in Monsoon Session

HSBC sees Sensex at 30,500 by end of 2017 on government reforms

In a statement, Moody`s Investors Service said the capacity of governments to implement measures and the effectiveness of policies in achieving the respective governments` objectives would shape the sovereigns` credit profiles over the coming year.

Reforms in India to boost medium term growth: Moody's

Rana Kapoor said, “For the upcoming budget, ensuring seamless implementation of goods and service tax (GST) and Bankruptcy code is vital along with the demonetisation drive is a logical precursor&nbsp;to this.”

 Budget 2017 will bring in 'behavioural shift' 

Govt appoints 4 nominees to Insolvency and Bankruptcy Board

Jaitley here on Tuesday held a meeting of senior officers of the ministry to review the implementation of IBC 2016.&nbsp;

Jaitley directs senior officials for faster implementation of Bankruptcy Code

What is required is a clean-up of the balance sheets of public sector banks, which is what is underway and needs to be taken to its logical conclusion, Rajan said.

Full Text: Rajan talks about resolving stress in banking system

The new tax rule will increase post-tax returns from investments in pass through certificates (PTCs).

India's securitisation market set to grow further: Moody's

Urban consumption is likely to be supported by a hike in civil servant wages, after the&nbsp; 7th &nbsp;Pay Commission recommended a wage rise of almost 24%.

Reforms to push India's growth to 8% by FY19: Fitch

The ratings agency said the new law entails greater efforts by corporate borrowers to avoid default and thereby a possible insolvency resolution process.&nbsp;

Bankruptcy law credit positive for Indian banks: Moody's

"Given a&nbsp;great uncertainty about outlook and policies of others in these times, a country like India should try to take sensible measures without getting too ambitious, as we have done so far," Rajan said, delivering the Mahtab Memorial Lecture in Bhubaneswar late Sunday evening.

India should resist being too ambitious about growth: Raghuram Rajan

The new Insolvency and Bankruptcy Code aims to slash the time it takes to wind up a company or recover dues from a defaulter.

Rajya Sabha passes Bankruptcy Bill

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

Top industry leaders cheer passage of Bankruptcy Code

bankruptcy-code

The new Insolvency and Bankruptcy Code Bill introduces a host of amendments to the existing insolvency and bankruptcy law. Here's a lowdown on key amendments in the insolvency and bankruptcy law. 

In April, Government operationalised pre-packaged insolvency resolution (PIRP) framework for MSMEs that is based on the 'debtor-in-possession' model which involves a resolution professional monitoring the entire process to ensure transparency.

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.

 IBC was introduced in 2016, with an aim to find a time-bound resolution on companies that have become insolvent and to protect the interest of creditors. 

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Bankruptcy Code News- Zee Business provides latest news on Bankruptcy Code, Bankruptcy Code news Today, Top News on Bankruptcy Code, update on Bankruptcy Code Stay updated with business news, breaking news headlines.

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Bankruptcy Code

Insolvency and Bankruptcy (IBC) Bill: 7 key amendments that distinguish it from existing law

Govt may offer pre-pack insolvency resolution plan even for large corporates

Claims worth Rs 3.13 lakh cr under insolvency proceedings

Looking at new growth opportunities in Indian economy: ICICI

Lok Sabha passes amendment in Bankruptcy code

Government should go slow on public sector bank mergers: Raghuram Rajan

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RBI December MPC Meet: 25 bps rate cut likely? Morgan Stanley expects more data-dependent stance

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Closing Bell: Sensex up 513 pts, Nifty rises 143 as IT shines and Bank Nifty hits record high

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