Tag: Insolvency and Bankruptcy
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
