Updates under IBC as on Sept 8, 2018

1. Lenders initiate action to take 11 stressed power assets to NCLT

View Circular thehindubusinessline.com/ money-and-banking/lenders- initiate-action-to-take-11- stressed-power-assets-to-nclt/ article24884535.ece

2. Focus on amendments to India’s insolvency law

View Circular focus-on-amendments-to-indias- insolvency-law/

3. NCLT asks builder why corporate insolvency resolution process should not be initiated against him after he refuses to refund money to a home buyer

View Circular constitutional-law-news/ courts-news/nclt-asks-builder- corporate-insolvency- resolution-process-not- initiated-refuses-refund- money-home-buyer-54042

4. Essar Steel lender may sell loan to ARC in a bid to save debt-hit company

View Circular com/article/companies/essar- steel-lender-may-sell-loan-to- arc-in-a-bid-to-save-debt-hit- company-118090501401_1.html

5. REC set to register ARC for stressed power assets

View Circular indiatimes.com/markets/stocks/ news/rec-set-to-register-arc- for-stressed-power-assets/ articleshow/65696308.cms