Tag: Insolvency and Bankruptcy
Partner Roshan D’Souza boosts Saga Legal disputes team
Saga Legal adds Roshan D’Souza as partner in Bangaluru to bolster the firm’s disputes and financial regulatory team
Parties cannot use parallel proceedings to reopen SLPs, says SC
The Supreme Court of India rules that parallel and independent proceedings cannot be used to reopen a disposed special leave petition
S&A acquires disputes boutique U&L in Ahmedabad
S&A Law Offices expands its regional disputes practice with the acquisition of U&L Partners
IBBI seeks comments to ensure integrity of CIRP changes
IBBI seeks public input on CIRP changes to boost transparency and eligibility checks
IBBI proposes amendments to strengthen default recording process
The Insolvency and Bankruptcy Board of India (IBBI) has published a discussion paper
ARCs can be resolution applicant
RBI released new regulatory framework for ARCs allowing to be resolution applicant
Partial sale of assets proposed in insolvencies
In a significant move that would bring major changes to insolvency procedures, the Insolvency and Bankruptcy Board of India (IBBI) has proposed to allow the sale of part assets/businesses of corporates facing such proceedings
IBBI to speed up insolvency process
The Insolvency and Bankruptcy Board of India (IBBI) has amended the voluntary liquidation process (VLP) regulations, effective from 5 April 2022, with an aim to reduce the timeline for completion of the liquidation process of stressed assets
