Friday, November 22, 2024

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insolvency

Economy and Finance

Insolvency and Bankruptcy Code has led to recovery of Rs. 3 lakh crores of stressed assets in 2 years

OpIndia Staff -
More than 9,000 cases have come for redressal under the Insolvency and Bankruptcy Code (IBC) after it became fully operational in December 2016.
Editor's picks

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

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

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

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

Fearing action through Insolvency and Bankruptcy Code, defaulters pay up Rs 1.1 lakh crores

OpIndia Staff -
Finance minister Arun Jaitley called it a success of IBC, as they aimed at recovering 1.8 lakh crore this fiscal year.
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