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IBC Updates

IBC Update
IBC 22 September 2018
Updates under IBC as on Sept 22, 2018

1. SC vows to plug gaps in insolvency law https://timesofindia. indiatimes.com/india/sc-vows- to-plug-gaps-in-insolvency- law/articleshow/65879712.cms 2. Companies Act vs IBC: Govt must resolve conflict betwe…

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IBC Update
IBC 20 September 2018
Updates under IBC as on 20 Sept, 2018

Insolvency law: Confusion over voting rights for realty cos Source: IBC IBBI suspends insolvency professional's licence over use of its name Source: IBC Daiichi moves NCLT to stay insolvency plea against Singh br…

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IBC Update
IBC 19 September 2018
Updates under IBC as on 19 Sept, 2018

NCLT seeks JP Associates reply to notice on ICICI Bank plea Source: IBC Creditors Of Firms Under Liquidation Face A 92 Per Cent Haircut Prospect Source: IBC NPAs: During the UPA rule and under the present governm…

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IBC Update
IBC 15 September 2018
Updates under IBC as on 15 Sept, 2018

Please find the following link under IBC as on 15 Sept, 2018. http://ibbi.gov.in/webadmin/ pdf/legalframwork/2018/Sep/ Circular-Voting%20in%20the% 20Committee%20of%20Creditors_ 2018-09-14%2018:32:15.pdf

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IBC Update
IBC 14 September 2018
Updates under IBC as on Sept 14, 2018

Essar Steel auction: After ArcelorMittal, Numetal moves Supreme Court against NCLAT order Source: IBC Power NPAs: SC transfers all pleas challenging RBI notification to itself Source: IBC Insolvency: NCLT admits …

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IBC Update
IBC 11 September 2018
Updates under IBC as on Sept 11, 2018

1. NCLT gives Lanco Teesta 90-day extension for insolvency resolution https://www. thehindubusinessline.com/ companies/nclt-gives-lanco- teesta-90-day-extension-for- insolvency-resolution/ article24896506.ece …

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IBC Update
IBC 10 September 2018
Updates under IBC as on Sept 10, 2018

ESSAR Steel Insolvency: NCLAT says second round of bids by NuMetal, Vedanta are valid Source: IBC Flawed voting rules may push Jaypee into liquidation, homebuyers tell IBBI Source: IBC Essar Steel insolvency case…

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IBC Update
IBC 8 September 2018
Updates under IBC as on Sept 8, 2018

1. Lenders initiate action to take 11 stressed power assets to NCLT https://www. thehindubusinessline.com/ money-and-banking/lenders- initiate-action-to-take-11- stressed-power-assets-to-nclt/ article24884535.ece …

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IBC Update
IBC 7 September 2018
Updates under IBC as on Sept 7, 2018

1. What has Modi given to Indians in the preceding 4 years? http://www.pgurus.com/what- has-modi-given-to-indians-in- preceding-4-years/ 2. Sunil Hitech tanks 5% as NCLT could begin insolvency proceedings aga…

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IBC Update
IBC 6 September 2018
Updates under IBC as on Sept 6, 2018

1. NTPC rejects lenders’ proposal, mulls other options https://economictimes. indiatimes.com/markets/stocks/ news/ntpc-rejects-lenders- proposal-mulls-other-options/ articleshow/65679164.cms 2. Banks not o…

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