The Centre plans to pursue only high-value cases—where banks’ claims are more than ₹100 crore—in the tribunals, according to two people aware of the development. […]
Tag: ibc
IBC resolution approval time surpasses two years
The government’s most transformative reform, the Insolvency and Bankruptcy Code (IBC), which was intended to enforce a time-bound insolvency process, is grappling with inordinate delays. […]
Insolvency regulator IBBI targets compliance relief for insolvency professionals, unveils discussion paper
FSDC had urged regulators to adopt a focused approach to reduce the compliance burden | Photo Credit: Getty Images/iStockphoto Insolvency Professionals (IPs), who are the […]
Nobody has the right to curb entrepreneurship, says FM Nirmala Sitharaman
As the General Elections advance towards conclusion, Finance Minister Nirmala Sitharaman sat down with businessline for a detailed conversation about steering the economy out of the shock […]