Insolvency and Bankruptcy Code
Finance
Flashback 2018: Stressed assets pain eases as bad loan clean-up gains momentum
Two years ago, in December 2016, the Insolvency and Bankruptcy Code (IBC) came into effect. While the new bankruptcy law ......
Finance
Succession plan, family biz rejig turning important for promoters: EY's Ajay Arora
Accounting and consulting firm EY India has, over the years, established a strong presence in the deals advisory segment as ......
Infrastructure
Can power producers attract enough buyers to revive stressed projects
Last week, the Supreme Court provided some respite to debt-laden power companies when it refused to stop a lower court ......
Finance
How PE funds, foreign banks are changing tack in battle for stressed assets
When Indian authorities started cracking down on banks’ bad loans two years ago, several private equity firms and stressed assets ......
General
Two years on, how effective has the bankruptcy law really been?
On Monday, nearly two dozen Indian lenders inked a pact that may help expedite the resolution of bad loans. Meanwhile, the ......
General
Bankruptcy resolution or liquidation: How companies admitted to NCLT are faring
The National Company Law Tribunal (NCLT) is grappling with hundreds of cases of debt-laden companies pushed into insolvency proceedings by ......
Infrastructure
Strategics, pension & sovereign funds eyeing assets: Centrum's infra advisory CEO
The Insolvency and Bankruptcy Code (IBC) is widely expected to help creditors recover some of the money stuck with debt-laden ......
Finance
PE/VC firms expand indemnity clause in investment pacts to skirt bankruptcy risks
A few months ago, a Hong Kong-based private equity firm hit a roadblock while seeking to sell its stake in ......
Finance
Stressed asset deals set to see greater momentum: Veritas Legal's Abhijit Joshi
Stressed asset buyouts may be few and far between at this point, but they are set to increase. Abhijit Joshi, ......
Finance
Why buyers of stressed assets must brace for a long-drawn-out process
In early May, the government empowered the Reserve Bank of India to direct lenders to start bankruptcy proceedings against large ......