Updates under IBC as on Sept 5, 2018
1. Three Years Into The Bad Loan Clean-Up, Resolution Remains A Distant Dream https://www.bloombergquint. com/insolvency/2018/09/03/ three-years-into-the-bad-loan…
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IBC Updates as on Sept 4, 2018
NCLT orders insolvency proceedings against Ind-Bharat Energy; appoints IRP Source: IBC Allahabad HC makes no exceptions for Power Sector when it comes to IBC Source: IBC Decades Of Policy, Regulation Mismatch To …
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Update under IBC as on 1 Sept, 2018
Compliance of regulation 13 (2) of the Insolvency and Bankruptcy Board of India (Insolvency Professionals) Regulations, 2016 Source : http://ibbi.gov.in/webadmin/pdf/legalframwork/2018/Aug/Circular-IPEdated%2031st%20…
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Updates under IBC as on 31 Aug, 2018
1. Annual Report 2017-2018: RBI may extend February 12 circular on stressed assets to NBFCs https://indianexpress.com/ article/business/banking-and- finance/annual-report-2017- 2018-rbi-may-extend-february- 12-circul…
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Updates under IBC as on 30 Aug, 2018.
Adani group, Reliance Industries, Tata lead race to buy bankrupt firms Source: IBC No government directive to RBI on power companies debt Source: IBC
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Updates under IBC as on 29 Aug, 2018.
1. Power cos with Rs 1.7L-crore bad loans face insolvency https://timesofindia. indiatimes.com/business/india- business/power-cos-with-rs-1- 7l-crore-bad-loans-face- insolvency/articleshow/ 65569015.cms 2. Th…
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Updates under IBC as on 27th Aug, 2018.
1. Inauguration of One Day Refresher Programme for Insolvency Professionals http://ibbi.gov.in/webadmin/ pdf/press/2018/Aug/Press% 20Releas-25.pdf 2. Tata sweetens BPSL offer, others await NCLAT action ht…
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Updates under IBC as on 21st August, 2018.
IBC helps HBN’s retail depositors claim their dues https://economictimes.indiatimes.com/markets/stocks/news/ibc-helps-hbns-retail-depositors-claim-their-dues/articleshow/65468977.cms ‘Foundation laid, there’s on…
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Update under IBC as on 18th August, 2018
Binani Cement creditors allege ‘misconduct’ by resolution professional Source: https://indianexpress.com/article/business/companies/binani-cement-creditors-allege-misconduct-by-resolution-professional-5310781/
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Notification and Updates under IBC as on 17th August, 2018
Long-term lending needs bonds - DNA India Source: http://www.dnaindia.com/business/report-long-term-lending-needs-bonds-2650382 Shareholding in IPAs: IBBI seeks to cap stake of multilateral bodies at 15% - Fi…
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