Updates under IBC as on Sept 5, 2018

1. Three Years Into The Bad Loan Clean-Up, Resolution Remains A Distant Dream

View Circular com/insolvency/2018/09/03/ three-years-into-the-bad-loan- clean-up-resolution-remains-a- distant-dream#gs.PEUR5Z8

2. Failure to Inform Cessation of Director / Partner of Insolvency Professional Entity would attract Penalty: IBBI [Read Circular]

View Circular inform-cessation-director- partner-insolvency- professional-penalty-ibbi/ 27771/

3. How Adani won Ruchi Soya, why Patanjali objects

View Circular article/explained/how-adani- won-ruchi-soya-why-patanjali- objects-5336462/

4. SC paves way to recover money from guarontors despite insolvency

View Circular indiatimes.com/realty-check/ sc-paves-way-to-recover-money- from-guarontors-despite- insolvency/3224

5. NPAs worth over Rs 4 trillion to be resolved by 2018 end: India Ratings

View Circular com/article/finance/npas- worth-over-rs-4-trillion-to- be-resolved-by-2018-end-india- ratings-118090300507_1.html

6. Why Baba Ramdev’s Patanjali is challenging Adani Wilmar’s winning bid for Ruchi Soya

View Circular com/industry/why-baba-ramdevs- patanjali-is-challenging- adani-wilmars-winning-bid-for- ruchi-soya/1300715/

7. Defer insolvency action against Videocon arm: SBI to RBI

View Circular indiatimes.com/markets/stocks/ news/defer-insolvency-action- against-videocon-arm-sbi-to- rbi/articleshow/65655733.cms

8. Boost to insolvency process: NCLT asks ED to use borrower’s attached assets linked to fraud

View Circular indiatimes.com/news/economy/ policy/boost-to-insolvency- process-nclt-asks-ed-to-use- borrowers-attached-assets- linked-to-fraud/articleshow/ 65651080.cms

9. Road to resolution: Almost all Lanco units to land in insolvency courts

View Circular com/article/companies/all- major-assets-of-lanco-group- to-undergo-insolvency- proceedings-118090300877_1. html

10. Rs 4,000 crore Debt: Telecom Tower Co Seeks To Stall Bankruptcy Bid

View Circular indiatimes.com/city/chennai/ rs-4k-cr-debt-telecom-tower- co-seeks-to-stall-bankruptcy- bid/articleshow/65663179.cms