Page 29 - Insolvency And Bankruptcy Code

Patience with the IBC

Time to reform will be after behavioural changes

Undermining auctions

Legal loopholes in bankruptcy process exposed

Lenders to take 56% haircut in the dirty dozen companies under IBC process

Banks to get back around Rs 1,146 bn against Rs 2,564 bn debt

IBC accounts for $14.3 bn worth of distressed assets in M&A space: Kroll

Steel sector has led the space with almost 55% of the total value of distressed asset deals

Insolvency code helps, but investors may turn cautious as election nears

The mergers and acquisitions and Private Equity transactions during the quarter ended September have seen a growth in terms of both value and volume

Insolvency and Bankruptcy Code: Firms cope with changing landscape

The borrowing and lending culture in the country appears to have changed for good

Insolvency process: Sterling group firms offer steep haircuts to lenders

The group's promoters, being probed for bank loan fraud, are absconding

The concern is how sacrosanct the IBC process is: Shantanu Nalavadi

Unlike in Europe and Asia where most stressed assets are in the real estate space, in India it is in good quality operating assets across growth sectors, such as steel, cement, pharma, says Nalavadi

Adani group, Reliance Industries, Tata lead race to buy bankrupt firms

Better credit metrics, zero default help large companies in buyouts

The recovery of public money is at 40 per cent only: Jairam Ramesh

Now I don't see what the need for this Sashakt was when you have the RBI Circular of the 12th of February, 2018 and when we have the Insolvency and Bankruptcy Code, says Ramesh

IBC Bill amendment passed, puts homebuyers at par with financial creditors

Opposing the bill, D Raja (CPI) said that frequent changes to the law is being done to help defaulters and the government wants to bail out the defaulters

IBC amendment bill treating homebuyers as financial creditor tabled in LS

The Insolvency and Bankruptcy Code (Second Amendment) Bill, 2018 was introduced by interim Finance Minister Piyush Goyal and seeks to replace an ordinance brought by the government earlier this year

Ten corporates under IBC comprise 80% of total bank exposure to Rs 3.2 trn

The first list of 12 large corporate defaulters owe banks around Rs 2.7 trn of which only Rs 1.28 trn is estimated to be recoverable, according to research and rating agency CLSA

Insolvency process may boost producer margins, raise capital flow: EY Study

The IBC process has so far seen successful resolution of Bhushan Steel, taken over by Tata Steel and Electrosteel Steels which Vedanta bought over

Mapping insolvency: UltraTech may shell out over Rs 79 bn for Binani Cement

Both UltraTech and Dalmia Bharat, as well as Binani Cement's promoters, were likely to drag the case to the Supreme Court for a final verdict

Mapping insolvency: RPMG Investment is lone bidder for KSS Petron

KSS Petron, a subsidiary of Kazakhistan-based KSS, was admitted for insolvency resolution process on August 1, 2017, under the IBC

Recent changes to IBC bring homebuyers on par with institutional lenders

If buyers plan to move NCLT, lawyers say that it's best that they first approach the real estate regulator

Carte blanche to notify law requires reform

The provocative abuse of the power to choose when to put into effect a law passed by Parliament has reached a point where judicial intervention is warranted

IBC's blind spot: Rights of operational creditors need to be spelt out

Although the IBC allows operational creditors to invoke the insolvency resolution process, the cases of L&T and Ericsson reflect the unanticipated variables in the mix

Two years of the Insolvency and Bankruptcy Code: The hits and misses

Experts say that in future insolvency cases, resolution will yield better results