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IBBI notifies amendments to streamline corporate insolvency process

New Delhi, Jun 2 (PTI) The IBBI has notified amendments to the regulations governing corporate insolvency, aiming to streamline procedures, protect creditor interests, and encourage greater investor participation in resolution processes. The Insolvency and Bankruptcy Board of India (IBBI) notified the Insolvency Resolution Process for Corporate Persons Fourth Amendment regulations, 2025 on May 26, according…

IBBI Streamlines Corporate Insolvency Process: Rediff Moneynews

IBBI notifies amendments to corporate insolvency regulations, aiming to streamline procedures, protect creditor interests, and boost investor participation. New Delhi, Jun 2 (PTI) The IBBI has notified amendments to the regulations governing corporate insolvency, aiming to streamline procedures, protect creditor interests, and encourage greater investor participation in resolution processes. The Insolvency and Bankruptcy Board of…

Konaseema Gas Power plant to be auctioned on 20 June

The 445 MW natural gas-based power plant of Konaseema Gas Power Limited (KGPL) is set to be auctioned on June 20, 2025, as part of the company’s liquidation process under the Insolvency and Bankruptcy Code (IBC). The auction notice, issued by the liquidator, will be published in newspapers on June 23, 2025, and interested bidders…

Why are construction companies ‘toppling like dominoes’?

Residential construction companies in Australia have been toppling like dominoes, and this has left many depositors in a very difficult financial position. Like an uncontrolled demolition, construction companies have been collapsing at a rate that has not been seen for almost a decade. Data from the Australian Securities and Investments Commission shows a gathering pace…