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
Update under IBC as on 1 Sept, 2018
Compliance of regulation 13 (2) of the Insolvency and Bankruptcy Board of India (Insolvency Professionals)
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-circular-on-stressed-assets-to-nbfcs/
Updates under IBC as on 30 Aug, 2018.
Adani group, Reliance Industries, Tata lead race to buy bankrupt firms Source: IBC No government
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. The policymaker
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
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 only upside for
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/
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