Tag: Insolvency and Bankruptcy Code 2016
Rainbow Papers judgment: Clouds loom over IBC
By recognising the state government as a secured creditor, the Rainbow Papers judgment exposes the Insolvency and Bankruptcy Code to incongruous uncertainty
ARCs can be resolution applicant
RBI released new regulatory framework for ARCs allowing to be resolution applicant
IBBI adds 1,060 insolvencies in two years
The Insolvency and Bankruptcy Board of India (IBBI) has admitted 538 and 522 cases, respectively during the periods for 2020-21 and 2021-22 (up to the quarter ending 31 December 2021) into the corporate insolvency resolution process (CIRP) under the Insolvency and Bankruptcy Code, 2016
