The Insolvency and Bankruptcy of Board of India continues with its endeavor to increase awareness about the Insolvency and Bankruptcy Code

January 15, 2019 EDITORIAL TEAM INSOL INDIA

The Insolvency and Bankruptcy of India (“IBBI”) organized the following conferences with an aim to encourage participation of all stakeholders in the insolvency regime and to highlight the paradigm shift in the regime due to the advent of the Insolvency..

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The Insolvency and Bankruptcy of India and Vidhi Centre for Legal Policy organised a Conference on ‘Insolvency and Bankruptcy Code, 2016: A Roadmap for the Next Two Years’

January 15, 2019 EDITORIAL TEAM INSOL INDIA

The Conference brought together the key stakeholders to distil learning from the implementation of the Insolvency and Bankruptcy Code, 2016 (“Code”) over the last two years, track the changes in the insolvency landscape in the country, address the challenges faced..

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The Consulate General of India New York organized a Conference on Insolvency and Bankruptcy Code- A New Paradigm for Stressed Assets

January 15, 2019 EDITORIAL TEAM INSOL INDIA

The Consulate General of India in partnership with the Insolvency and Bankruptcy Board of India and the Federation of Indian Chambers of Commerce and Industry organized an invite-only Conference on the theme ‘Insolvency and Bankruptcy Code of India - New..

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Bidders may face jail term if back out from insolvency process

January 15, 2019 EDITORIAL TEAM INSOL INDIA

The government and the Insolvency & Bankruptcy Board of India (“IBBI”) are aiming at using provisions of the Insolvency & Bankruptcy Code, 2016 (“IBC”) against resolution applicants who have failed to honour their plan, for insolvency resolution of stressed companies,..

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Jaypee Infratech: Lenders, home buyers approve evaluation criteria for bankruptcy process

January 15, 2019 EDITORIAL TEAM INSOL INDIA

Lenders and home buyers of debt-ridden Jaypee Infratech has approved evaluation criteria to be adopted to select a bidder for taking over the bankruptcy-bound realty firm. State-owned NBCC, Kotak Investment, Singapore-based Cube Highways and Suraksha group have been shortlisted as..

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Creditors to set norms for evaluation of resolution plan: Chennai Bench, NCLT

January 15, 2019 EDITORIAL TEAM INSOL INDIA

In Ajay Kumar Agarwal and Another vs M/S Ashok Magnetics Limited and Another, the prospective resolution applicants filed an application against the resolution professional of M/S Ashok Magnetics Limited (“Corporate Debtor”) with a prayer to issue directions to the resolution..

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