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NEW DELHI: The decade-old insolvency framework has helped creditors recover more than Rs 4 lakh crore and sharply improved recovery rates and credit discipline, with the government and regulators hailing the Insolvency and Bankruptcy Code (IBC) as one of the country’s most significant economic reforms. Marking 10 years of the Insolvency and Bankruptcy Code, 2016,…
Rating agency ICRA today said there has been a sharp decline in the recovery under the Insolvency and Bankruptcy Code in 2025-26. The agency said recovery dropped by half to 23%, while haircuts have witnessed a sharp rise. “The number of resolution plans (RPs) approved by the National Company Law Tribunal (NCLT) under the Insolvency…
ANI | Updated: May 28, 2026 12:09 IST New Delhi [India], May 28 (ANI): Union Finance Minister Nirmala Sitharaman said the Insolvency and Bankruptcy Code (IBC) has strengthened India’s financial system and helped in the faster revival of distressed businesses as the insolvency law completed 10 years of implementation.In a social media post, the Finance…
The Supreme Court has referred to a larger Bench the question whether cheque bounce proceedings under Section 138 of the Negotiable Instruments Act can be stayed during the moratorium period under Part III of the Insolvency and Bankruptcy Code, while holding that such proceedings are predominantly criminal in nature and not merely debt recovery actions.…
Lyla Latiff (right) Nairobi, Kenya — Legal expert Lyla Latiff delivered a hard-hitting presentation on the opening day of the AFRODAD Media Initiative (AFROMEDI VI), urging African governments to radically expand domestic revenue mobilisation by taxing untapped resources in the digital economy and high seas infrastructure, rather than relying on expensive foreign debt, writes Winston…
On Tilt, by Jasper Craven Harper’s Magazine Read the original article here
REVEALED: Latest business liquidations in Kalamunda Daily Telegraph Sydney Read the original article here
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