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Page 12 - Insolvency And Bankruptcy Code News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Finance Ministry asks banks to monitor top 20 IBC cases

New Delhi, Dec 22 (PTI) The Finance Ministry on Friday asked heads of public sector banks to monitor and review the top 20 Insolvency and Bankruptcy Code cases as part of their bad assets management.

Nirmala sitharamanFinance minister nirmala sitharamanFinancial services secretary vivek joshiInsolvency and bankruptcy codeFinance ministry

Finance ministry asks banks to monitor top 20 IBC cases

The finance ministry has directed heads of public sector banks to closely monitor and review the top 20 cases under the Insolvency and Bankruptcy Code

Vivek joshiNational asset reconstruction companyCanara bankBankruptcy codeInsolvency and bankruptcy code

For conglomerates going into bankruptcy, a clearer path is emerging

The government is working on a new legal regime to decide how and which group companies should be selected for the rescue act

Ashok haldiaSick industrial companiesVideocon industries ltdNational company law tribunalBankruptcy codeBankruptcy boardCompanies act relatedFinancial reconstructionSick industrial companies actInsolvency and bankruptcy codeResolution rulesGroup insolvencyInsolvency and bankruptcy board of indiaBoard for industrial and financial reconstruction

IBC- Properties Sold In Auction Sale Before Declaration Of Moratorium Can t Be Treated As Liquidation Asset : Supreme Court

Recently, the Supreme Court (on December 06) observed that the properties of a defaulting borrower sold in an auction sale could not be treated as liquidation assets if the sale was concluded before.

West bengalJusticesaniruddha boseVikram nathNational company appellate tribunalTop courtCanara bankEsjaypee impex privateUnion of indiaNational company tribunalSupreme court onPunjab national bankSupreme courtBankruptcy codeAmrit hatcheriesInsolvency processEsjaypee impex private limited

Insolvency Professionals are not public servants under Prevention of Corruption Act: Delhi High Court

The Court rejected the CBI's argument that the duties of insolvency resolution professionals under the IBC should be read as “Public Duties."

Justice tushar rao gedelaCentral bureau of investigationCentral bureauBankruptcy codeDelhi high courtInsolvency resolution professionalInsolvency professionalsResolution professionalsPublic servantPrevention of corruption actEpc actInsolvency resolution professionals not public servant under prevention of corruption actDr arun mohanv central bureau of investigationDr arun mohanInsolvency and bankruptcy codeSection 232 insolvency and bankruptcy code

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