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Posts Tagged: CIRP
How Does Corporate Insolvency Resolution Process (CIRP) Works?
In recent times due to coronavirus, we are seeing financial institutes tumbling, major economic factors turning red, and global recession looming. During the lockdown period, when economic activities around the world have stopped, stock exchanges have crashed, and investors are pulling out money.
- Apr 20
- 4 mins read
Does Insolvency mean Bankruptcy?
The beginning of the months is the best for many reasons! It helps in giving you a fresh start, new events that take place, but most importantly, it is the time when you get your first pay check. The reassuring message that you earn when you see that there is sufficient balance in your savings account is very comforting.
- Apr 01
- 3 mins read
THE INSOLVENCY AND BANKRUPTCY CODE EXPLAINED – ALL YOU NEED TO KNOW
The pace of development of the Indian insolvency law has been recorded slow and incremental before the enactment of the Insolvency and Bankruptcy Code, 2016 “code or IBC” as the framework for insolvency remained ineffective and fragmented for decades.
- Mar 24
- 5 mins read
IMPACT OF RECENT AMENDMENTS TO THE INSOLVENCY AND BANKRUPTCY CODE
The present article discusses the major amendments introduced in the Insolvency and Bankruptcy Code, 2016 (IBC) by The Insolvency and Bankruptcy Code (Amendment) Ordinance, 2019 dated December 28, 2019 (The Amendment Ordinance).
- Mar 16
- 5 mins read
How To Manage Bulky Creditor Claim Process In India During CIRP?
Once the adjudicating authority initiates corporate insolvency resolution process (“CIRP”) against a corporate debtor, the clock starts ticking……
- Mar 13
- 4 mins read
Insolvency & Bankruptcy in India – 5 Crucial Reform
Insolvency is a situation wherein an individual or company fails to fulfill financial liabilities in a timely manner. The Insolvency and Bankruptcy Code features the rules and guidelines for an…
- Feb 27
- 2 mins read
How to Become Registers Insolvency Professional or Resolution Professional
An Insolvency Professional works on the guidelines of Insolvency and Bankruptcy Board of India (IBBI) and must be affiliated with an insolvency professional agency. They play a major role in…
- Feb 26
- 2 mins read
All you need to know about IBC & CIRP
The Insolvency and Bankruptcy Code, 2016 (‘Code’) redefined the structure for the Indian Insolvency resolution Process.In no time, it became a reform by the stakeholders, of the stakeholders and for the stakeholders……..
- Feb 21
- 3 mins read
GFG Alliance acquires Adhunik Metaliks and Zion Steel
UK-based business baron Sanjeev Gupta’s GFG Alliance marks their first entry in India by acquiring the stressed steel companies Adhunik Metaliks and Zion Steel for Rs 425 crores on Tuesday.
- Feb 18
- < 1 min read
Nifty PSU Bank index nears four-year low, Six banks tumble to 5-year low
Shares of public sector banks (PSBs) continued to pitch under pressure on Tuesday using all the Nifty PSU Bank index nearing its academic low level. It dipped below its previous low of 2113.05 levels struck October 9…
- Feb 18
- 2 mins read
Latest Post
How Does Corporate Insolvency Resolution Process (CIRP) Works?
- April 20, 2020
- 4 mins read
What is Bankruptcy?
- April 18, 2020
- 4 mins read
What Bankruptcy Software Entails?
- April 15, 2020
- 4 mins read
What Software is Available For Insolvency Practitioners?
- April 13, 2020
- 3 mins read
DIFFERENCE BETWEEN INSOLVENCY AND BANKRUPTCY CODE 2016 AND 2018
- April 9, 2020
- 4 mins read