Union Budget 2025: An opportunity to reform the IBC for fairer and faster corporate resolutions
The Insolvency and Bankruptcy Code (IBC), introduced in 2016, was designed as a robust framework to address corporate ...
IBC: Striking a balance between corporate revival and challenges
Finance Minister Nirmala Sitharaman’s commitment to strengthening the code, as emphasized in the 2023 Union Budget, offers ...
Brazil economic activity beats forecasts in November despite monetary tightening
Economic activity in Brazil exceeded market expectations in November, official data showed on Thursday, adding to a string of ...
This Aussie tried to sue a scammer. Then things went horribly wrong
An Aussie woman who lost $200,000 to scammers decided to take matters into her own hands — but it backfired, leaving her even ...
NARCL sole bidder at ₹12,000 crore for Jaiprakash Associates, resolution likely by end of this quarter
NARCL emerges as sole bidder for JAL debt, offering ₹12,000 crore settlement with upfront cash payment and security receipts.
Community Impact Newspaper13d
IBC Foundation donates $400,000 for diabetes-related research
The International Bancshares Corporation Foundation has donated $400,000 to the Joe R. and Teresa Lozano Long School of ...
India, cross-border insolvency and legal reform
India must note that a reliable and predictable insolvency framework is essential for economic stability, attracting foreign ...
insurancebusinessmag9d
Trudeau steps down – insurance associations react
Trudeau stepped down on Monday after mounting pressure from politicians, even within his own party. Speaking to press outside ...
Live Law10d
S. 21 CPC | Objections To Place Of Suing Can't Be Allowed Unless Taken In Court Of First Instance At Earliest Opportunity: Supreme Court
The Supreme Court held that objections to jurisdiction under Section 21 of the Code of Civil Procedure, 1908 (“CPC”), must be filed at the earliest, and no objection will be entertained at ...
Asset reconstruction companies hire specialised loan collection agents
Asset reconstruction companies are hiring specialised collection agencies to recover unsecured retail loans as stress in this ...
Mint29d
IBC data provides valuable insights to handle complex cases: M Rajeshwar Rao, Dy Governor RBI
Deputy Governor of the Reserve Bank of India (RBI), highlighted the importance of institutionalising data under the Insolvency and Bankruptcy Code (IBC) to provide valuable insights and precedents ...
Independent Bank Co. (NASDAQ:IBCP) Shares Bought by Jane Street Group LLC
Jane Street Group LLC raised its holdings in shares of Independent Bank Co. (NASDAQ:IBCP – Free Report) by 11.6% during the third quarter, HoldingsChannel.com reports. The firm owned 21,360 shares of ...