Updates under IBC as on 27 September, 2018

1. NPAs: Whopping Rs 1.8 lakh crore debt recovery expected in FY19 from IBC and non-IBC route, says FM Jaitley
 
 
 
2. Revival of 45 bankrupt companies will meet 50% of lenders’ claims: IBBI Chairperson
 
 
 
3. Banks expect to recover Rs 1.80 lakh cr from NPAs: FM Arun Jaitley
 
 
 
4. Jaitley says IBC, GST, demonetisation have increased India’s purchasing power.
 
 
 
5. NCLT clears way for liquidation of Moser Baer India
 
 
 
6. Videocon goes to bankruptcy! Bids invited for Venugopal Dhoot’s company under IBC
 
 
 
7. Arun Jaitley asks PSU banks to take effective action against frauds, wilful defaults
 
 
 
8. Why IL&FS Picked This Route To Solvency
 
 
 
9. NPAs with PSU banks declining: Arun Jaitley
 
 
 
10. NPAs on decline, recoveries up: Arun Jaitley credits IBC for turnaround
 
 
 
11. Arun Jaitley’s Advice To Banks To Sustain 8 Per Cent Growth
 
 
 

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