Friday, November 22, 2024

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Bankruptcy laws

Edelweiss round-tripping money? RBI order against the financial giant scathing in how it’s using group entities to circumvent IBC regulations: A case study 

The Reserve Bank of India on the 29th of May 2024 ordered Edelweiss Asset Reconstruction Company Limited (EARCL) to cease and desist from the acquisition of financial assets

Promoters of 73000 companies likely to face action over fraudulent transactions post demonetisation: Report

The premier investigation agency SFIO is currently probing 64 cases of alleged fraud involving 500 companies.

As ArcelorMittal gears up to clear Rs. 7,500 crores due to SBI, Modi’s IBC sends a clear message: Pay up or shut shop

Modi sarkar is moving the country from crony capitalism to a rule-based regime, the foundation of any first world country

Modi’s IBC is making defaulters pay back Rs 1.1 lakh crore and Congress is bound to be unhappy

In recent weeks, we have seen one naamdar and his numerous minions in the ecosystem making all sorts of allegations

Modi govt expects recovery of bad loans worth more than Rs 1 lakh crore via its new bankruptcy code

TATA steel's takeover of Bhushan steel became the first case fully resolved by IBC

Blow to loan defaulters: Major amendment in Insolvency and Bankruptcy Code gets President’s nod

Wilful defaulters will not get a chance to rebid for their assets on auction.

Big loan defaulters could soon be facing music as RBI plans to use insolvency laws

Reserve Bank of India is planning to use insolvency laws against the big loans defaulters.

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