India's bankruptcy regulator seeks views on cutting red tape to help resolution professionals
New Delhi/IBNS: India's bankruptcy rule-maker, the Insolvency and Bankruptcy Board of India (IBBI), said that it is planning to reduce the compliance burden of debt resolution professionals so that they can concentrate on stitching together rescue plans for companies under their supervision.
IBBI notifies Insolvency and Bankruptcy Board of India Regulations
New Delhi/UNI: The Insolvency and Bankruptcy Board of India (IBBI) has notified the Insolvency and Bankruptcy Board of India (Liquidation Process) (Amendment) Regulations, 2020 on Monday.
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IBBI signs pact with Int'l Finance Corporation for implementation of IBC
New Delhi, Mar 7 (UNI) The Insolvency and Bankruptcy Board of India (IBBI) has signed a cooperation agreement with the International Finance Corporation (IFC), a Member of the World Bank Group (WBG) to build capacity of the insolvency professionals and its agencies for the the effective implementation of the Insolvency and Bankruptcy Code, 2016.
New Delhi, Feb 7 (IBNS): The Union Ministry of Finance announced on Wednesday that the Insolvency and Bankruptcy Board of India (IBBI) has amended the Insolvency and Bankruptcy Board of India (Insolvency Resolution Process for Corporate Persons) Regulations, 2016.
IBBI needs a framework to resolve cross-border insolvency-study
New Delhi, Sept 12 (IBNS): Insolvency and Bankruptcy Board of India (IBBI) needs to quickly provide for a cross-border insolvency framework as many of the existing insolvency cases have foreign creditors, the existing provisions of code may not be adequate, according to an ASSOCHAM-EY joint study.