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About 10 results for "bankruptcy board of india"

IBBI eases timelines within 330-day deadline for insolvency resolution process
Money Control

Covid-19: Lockdown period not to be counted for certain corpor...

The Insolvency and Bankruptcy Board of India (IBBI) has now ruled that the 21-day national lockdown period will not be counted for the purpose of tim Hindu Business Line, 2 months ago

2 images for "bankruptcy board of india"

Economic Times, 4 months ago
Times of India, 6 months ago

IBBI steps in to improve governance structure of Registered Valuers’ Organisations

The Insolvency and Bankruptcy Board of India (IBBI) is making efforts to improve the governance structure of Registered Valuers’ Organisations ( RVO)
 Hindu Business Line1 month ago
Times of India

ICC member boards running serious risk of bankruptcy

Should there be no cricket played between now and the end of the year, it will lead certain cricket boards – read: Sri Lanka, West Indies, Bangladesh, Pakistan, South Africa, among others – to sizeable, inevitable bankruptcy. "Simply put, other than India ...
 Times of India1 month ago ICC member boards running 'risk' of bankruptcy  Times of India1 month ago

India Inc bracing for coronavirus impact on bankruptcies

The government is drawing up a relief package for industry with steps such as relaxation of asset-classification norms by banks, thus allowing companies to delay the repayment of loans, and tax holidays for the worst-hit sectors like aviation and hospitality. But it might not be enough to stop more bankruptcies from getting filed. A promoter of a stressed mining company had been working with financiers for weeks, almost ready with a plan to reach a settlement with the banks. The deal was about ...
 Rediff.com2 months ago

Package 5: Non-strategic PSUs to be privatised, Rs 40K cr for MGNREGS

The government on Sunday announced the suspension of new bankruptcy filings on loan defaults for one year and raised the threshold for insolvency as it moved to ease COVID-19 pain for the industry. It also announced a new policy for companies under State control, saying public sector undertakings in the non-strategic sector will be privatised while those in the identified strategic sector would be capped by not more than four by merging some of them.    In the fifth and final tranche ...
 Rediff.com2 weeks ago

Covid air pocket leaves flyers with forced vouchers

International and Indian airlines are refusing to refund cash and giving credit that can be used later. IMAGE: French nationals wait to board a special Air India flight on their way to Paris, at Cochin International Airport, Nedumbassery, Kochi, Saturday. These passengers, 105 French tourists and 7 other EU nationals, were stranded in various parts in Kerala due to COVID-19 lockdown for the past two weeks. Photograph: PTI Photo Visiting California was on Amrita’s mind since she got ...
 Rediff.com1 month ago

RBI caps withdrawals from Yes Bank; supersedes board

If successful, this will be the first major instance in many years where a private sector lender will be bailed out using public money, with the first instance being Global Trust Bank's amalgamation with Oriental Bank of Commerce in 2003, which was followed by IDBI Bank's takeover of United Western Bank in 2010. In a rare move, capital-starved Yes Bank was on Thursday placed under a moratorium, with the RBI capping deposit withdrawals at Rs 50,000 per account for a month and superseding its ...
 Rediff.com2 months ago

Justice S J Mukhopadhaya retires as NCLAT chairperson

He supervised and handled several major big ticket insolvency cases that includes Essar Steel, Bhushan Power & Steel, Bhushan Steel, Jaypee Infratech, ElectroSteel Steel, Binani Cement, Reliance Communications. NCLAT chairperson Justice Sudhansu Jyoti Mukhopadhaya, who handled several big-ticket insolvency cases like Essar Steel during his tenure at the appellate quasi-judicial body, retired on Friday. Justice Mukhopadhaya, who turns 70 on March 15, was the first chairperson of the National ...
 Rediff.com2 months ago
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