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Insolvency Bankruptcy Code: Govt to come out with ordinance to tighten law
The government will soon promulgate an ordinance to amend the Insolvency and Bankruptcy Code, aimed at tightening the current framework amid rising number of insolvency cases. The Cabinet on Wednesday approved bringing in an ordinance to make ...
Updated: 11/22/2017 10:44A
Caesars Entertainment's Next Great Empire Is…Indiana?
Caesars filed for bankruptcy in January 2015. It only emerged from that bankruptcy in October of this year. The company's last major casino purchase was Planet Hollywood on the Las Vegas Strip in 2009. According to the Indiana Gaming Commission, ...
Updated: 11/22/2017 10:34A
Booze, Pain & Dementia: Inside David Cassidy's Sad Last Days
Long before the icon's tragic passing, David Cassidy was on death watch by various worried fans! For years, The Partridge Family star dealt with alcoholism, bankruptcy, run-ins with the law and severe health issues. Click through RadarOnline.com's
Updated: 11/22/2017 10:27A
Don't fall foul of time limits
The Insolvency Act 1986 (“the Act”) provides Trustees in bankruptcy with a number of mechanisms to reverse transactions, entered into prior to a person being declared bankrupt by the court, which have the effect of diminishing a bankrupt's estate to
Updated: 11/22/2017 09:37A
Union Cabinet Approves Ordinance To Amend Insolvency And Bankruptcy Code
Currently, the IBC does not specify the kind of buyers who can bid for stressed assets of companies that are undergoing bankruptcy proceedings. As a result, promoters could reacquire their companies at a discount once the lenders decide to sacrifice a
Updated: 11/22/2017 09:03A
Union Cabinet Approves Ordinance To Amend Insolvency And Bankruptcy Code
Currently, the IBC does not specify the kind of buyers who can bid for stressed assets of companies that are undergoing bankruptcy proceedings. As a result, promoters could reacquire their companies at a discount once the lenders decide to sacrifice a
Updated: 11/22/2017 09:03A
Insolvency and bankruptcy code approved
An important matter of concern is that the bankruptcy code does not now specify the kind of buyers who can bid for stressed assets of companies that are undergoing bankruptcy proceedings. The IBC is one of Prime Minister Narendra Modi's biggest reforms.
Updated: 11/22/2017 08:41A
Centre to come out with ordinance to tighten insolvency law
NEW DELHI: The government will soon promulgate an ordinance to amend the Insolvency and Bankruptcy Code, aimed at tightening the current framework amid rising number of insolvency cases. The Cabinet on Wednesday approved bringing in an ...
Updated: 11/22/2017 08:37A
Centre to come out with ordinance to tighten insolvency law
NEW DELHI: The government will soon promulgate an ordinance to amend the Insolvency and Bankruptcy Code, aimed at tightening the current framework amid rising number of insolvency cases. The Cabinet on Wednesday approved bringing in an ...
Updated: 11/22/2017 08:37A
Cabinet approves amendments to India's insolvency and bankruptcy code
NEW DELHI: India's cabinet on Wednesday approved amendments to the Insolvency and Bankruptcy Code, the finance minister said, changes that are designed to prevent wilful defaulters from bidding for stressed assets. Finance Minister Arun Jaitley
Updated: 11/22/2017 07:36A
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