Top Law News Plea against Insolvency code ordinance : Delhi High Court seeks Centre stand July 28, 2020 by Legal India Admin | Leave a Comment The Delhi High Court Tuesday sought the Centre’s reply on a plea challenging the Insolvency and Bankruptcy Code (IBC) Ordinance which suspended proceedings against defaults arising on or after March 25 for six months in view of the COVID-19 pandemic. A bench of Chief Justice D N Patel and Justice Prateek Jalan issued notice to […] Read more » Chief Justice D.N. Patel IBC Insolvency and Bankruptcy Code Justice Prateek Jalan
Top Law News 6% of total and 14% of closed cases find resolution under IBC so far May 23, 2020 by Legal India Admin | Leave a Comment Less than six percent of the total cases filed under India’s four-year-old bankruptcy code have found resolution till the end of March 2020, the latest data from the Insolvency and Bankruptcy Board of India (IBBI) shows. A total of 3,774 cases or corporate insolvency resolution processes (CIRPs) have been filed since the Insolvency and Bankruptcy […] Read more » bankruptcy code Cyril Amarchand Mangaldas esolution under IBC IBC Insolvency and Bankruptcy Code Jaypee Infratech
Top Law News COVID-19: Government to suspend insolvency proceedings for six months. April 25, 2020 by Legal India Admin | Leave a Comment To avoid companies at large from being forced into insolvency proceedings as businesses get impacted due to COVID-19, the union cabinet on Wednesday has given its nod to the proposal to introduce a new clause — 10A, under section 10 of the Insolvency and Bankruptcy Code (IBC), 2016, government sources told CNBC-TV18. The announcement, however, […] Read more » IBC IBC 2016 Insolvency and Bankruptcy Insolvency and Bankruptcy Code 2016 insolvency proceedings as businesses Shardul Amarchand Mangaldas
