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Allahabad HC directs Centre to decide on Rahul Gandhi's dual citizenship row by April 21 | Nagpur communal violence: Suspected mastermind Fahim Khan's house faces bulldozer action | Habitat Studio announces shutdown after Shinde-led Shiv Sena's vandalism over Kunal Kamra's show | Lower representation in Parliament will weaken states' political strength: Stalin at delimitation meeting | Lower representation in Parliament will weaken states' political strength: Stalin at delimitation meeting | MK Stalin hosts mega multi-state meeting on delimitation in Chennai, BJP calls it drama | Cash pile accused Justice Yashwant Varma was named in CBI's FIR for alleged corruption, SC junked it later | London: Heathrow Airport resumes operation after substation fire causes power disruption | Bangladesh interim government not planning to ban Sheikh Hasina's Awami League | Fire at Delhi HC judge's house leads to recovery of unaccounted cash, SC collegium acts
Nirmala Sitharaman proposes changes in IBC for faster resolution of bankrupt companies

Nirmala Sitharaman proposes changes in IBC for faster resolution of bankrupt companies

Feb 01, 2022, at 10:09 pm

New Delhi/IBNS: Finance Minister Nirmala Sitharaman in her Budget speech on Tuesday proposed faster resolution of bankrupt companies by making amendments to Insolvency and Bankruptcy Code (IBC).

Insolvency and bankruptcy code may help unlock NPAs worth Rs 25K crore over next 5 yrs: ASSOCHAM-Crisil study

Insolvency and bankruptcy code may help unlock NPAs worth Rs 25K crore over next 5 yrs: ASSOCHAM-Crisil study

Nov 22, 2016, at 12:22 am

New Delhi, Nov 21 (IBNS): Effective implementation of the Insolvency and Bankruptcy Code, 2016 can potentially release about Rs 25,000 crore capital currently locked up in non-performing assets (NPAs) over next 4-5 years, noted a recent ASSOCHAM-Crisil joint study.

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