Intercontinental Broadcasting Corporation is a Philippine-based media company and VHF television network of the Government Communications Group under the Presidential Communications Operations Office. Read More
The Reserve Bank can now direct resolution of non-banking financial companies (NBFCsfor with assets worth at least Rs 500 crore under the insolvency law to help in addressing defaulting cases in the Non-Banking Financial Companies sector, according t ...
Finance Minister Nirmala Sitharaman on Friday hailed the long-pending resolution of Essar Steel finally being cleared with a Supreme Court order, saying credibility and substance and nature of the IBC resolution process has been "re-imposed". ...
The Ministry of Corporate Affairs (MCA) on Friday notified the rules for resolution of systemically important financial services providers (FSPs) under the bankruptcy law. ...
Insolvency regulator IBBI is currently considering the Group Insolvency laws framework but a timeline on when a decision will be taken cannot be given as it needs amendment in law, its chairperson M.S. Sahoo said on Monday. ...
The fear that at Dewan Housing Finance Corporation (DHFL) may spill over to other non-banking finance companies (NBFC) has pushed the government to introduce fresh rules and regulations to bring even the financial sector under the purview the Insolv ...
In a move to limit the abuse of the Insolvency and Bankruptcy Code (IBC), the Corporate Affairs Ministry is mulling the setting of a threshold for homebuyers for starting insolvency proceedings against real estate developers, Corporate Affair Secreta ...
The National Company Law Appellate Tribunal (NCLAT) on Monday put JSW Steels Rs 19,700 crore payment to acquire Bhushan Power and Steel (BPSL) on hold and asked the Enforcement Directorate (ED) to release the BPSL's attached properties. ...
The National Company Law Appellate Tribunal (NCLAT) will on Monday hear JSW Steel's plea in the Bhushan Power and Steel Ltd (BPSL) case regarding immunity from criminal proceedings in the bank fraud investigation against BPSL's erstwhile promoter. ...
