Request Blocked

An error has occurred Your request was blocked by Link11 Web Application Security.If you believe this is the result of an error, contact the administrator of www.tipranks.com. ID: 32777c1cb3d2512f061a1d040ecba2ef, IP Address: 110.232.115.214, Status Code: 471Timestamp: 2025-08-13T07:18:27.955249517+00:00 Read the original article here

IBC Amendment Bill 2025, has provisions for faster and efficient resolution of insolvency cases

New Delhi [India], August 13 (ANI): Finance Minister Nirmala Sitharaman on Tuesday introduced the Insolvency and Bankruptcy Code (Amendment) Bill, 2025 in the Lok Sabha, aiming to reduce delays and strengthen governance of the insolvency resolution process. The Bill, which proposes several structural and procedural changes to the Insolvency and Bankruptcy Code (IBC), 2016, was…

Vulnerable consumers hit hardest by bankruptcy of Groupcard

Groupcard provided prepaid cards to Dutch municipalities for welfare recipients, informal carers and volunteers. Now it is bankrupt, the cards are worthless and consumers and municipalities have lost money. Associate Professor Jessie Pool is investigating whether vulnerable people need better protection in bankruptcies. The main activity of the bankrupt Groupcard, a company based in Aalsmeer,…

No Cookies | Herald Sun

Please note that by blocking any or all cookies you may not have access to certain features, content or personalization. For more information see our Cookie Policy. To enable cookies, follow the instructions for your browser below. Facebook App: Open links in External Browser There is a specific issue with the Facebook in-app browser intermittently…

IBC Amendment Bill 2025 proposes faster, broader insolvency processes

The Insolvency and Bankruptcy Code (Amendment) Bill, 2025, tabled in Parliament, seeks to overhaul the IBC framework with provisions for creditor-initiated insolvency, domestic group insolvency, cross-border proceedings, and faster resolution timelines. To address long delays, currently averaging over 434 days versus the mandated 14, the Bill amends Section 7 to ensure financial creditor applications are…