Have you read these stories?

India's stay-at-home order hits Bharat where it hurts the most

Movement of migrant workers back to their homes has plunged domestic remittances by 80% in 2 weeks.

Insolvency and Bankruptcy

04 April, 2020, 10:14 AM IST

SEARCHED FOR:

INSOLVENCY AND BANKRUPTCY

Covid effect: Govt may ease resolution rules for insolvent firms

Sitharaman recently said that if the disruption caused by coronavirus extends then it would suspend the use of the corporate insolvency resolution process for sometime. The finance minister had also increased the minimum amount of the default required to initiate the insolvency resolution and liquidation processes against companies from Rs 1 lakh to Rs 1 crore.

Lockdown period won’t be counted in IBC timelines

National Company Law Tribunal (NCLT) had recently allowed 90 days extension for the resolut...

Parliament passes amendments to IBC

The bill seeks to remove bottlenecks and streamline the corporate insolvency resolution process. It aims ...

Load More...
x

Other useful Links


Copyright © 2020 Bennett, Coleman & Co. Ltd. All rights reserved. For reprint rights: Times Syndication Service