Mondaq Asia Pacific: Insolvency/Bankruptcy/Re-structuring
KordaMentha
As currently drafted, there are many difficulties when determining if a person is eligible for safe harbour protection.
Watson & Band Law Offices
[摘要]在破产案件中,管理人接收债权人递交的债权申报材料后,需对债权人所申报债权在合法性、真实性、有效性进行核查,其中,所谓的对&#
Watson & Band Law Offices
[Abstract] In bankruptcy cases, an administrator needs to examine claims declared by creditors and verify that they are legal, authentic and valid after receiving supporting evidence from these creditors.
Han Kun Law Offices
2017年3月1日,最高人民法院出台《关于民事执行中财产调查若干问题的规定》、《关于修改〈最高人民法院关于公布失信被执行人名单信息的若ॱ
Mayer Brown JSM
Experienced insolvency practitioners in Hong Kong are all familiar with Hong Kong Court of Appeal's decision of 1 March 2006 in the liquidation of Legend International Resorts Limited.
Trilegal
The NCLAT has recently passed a significant ruling which impacts the timelines for insolvency resolution under the new Insolvency & Bankruptcy Code.
Khaitan & Co
On 5 May 2017, a day after the recent Banking Regulation (Amendment) Ordinance, 2017 (Ordinance) received Presidential assent, the Reserve Bank of India issued a circular on...
Khaitan & Co
There is immense litigation initiated by auction purchasers, who are fastened with liability relating to outstanding dues of the Company in liquidation, in respect of the property / asset being put to auction by the Official Liquidator.
LexCounsel Law Offices
With the above observations, the Bench admitted the insolvency application.
Fair & Just Legal Solutions LLP
The Insolvency and Bankruptcy Board of India has notified the Insolvency and Bankruptcy Board of India (Voluntary Liquidation Process) Regulations, 2017 ("New Regulations") on March 31, 2017.
Khaitan & Co
On 30 March 2017, the Central Government notified 1 April 2017 as the appointment date for implementation of, inter alia, substantive provisions of Chapter V of the Insolvency and Bankruptcy Code...
Fair & Just Legal Solutions LLP
The Insolvency and Bankruptcy Code ("IBC") Bill has been passed by both the Houses of Parliament and has received the assent of the President on May 28, 2016.
S.S. Rana & Co. Advocates
The Insolvency and Bankruptcy Board of India (‘IBBI') was established under Insolvency and Bankruptcy Code, 2016 (‘Code').
SKP Business Consulting LLP
The Insolvency and Bankruptcy Code, 2016 (the Code) has consolidated the insolvency, bankruptcy and liquidation laws for companies, partnerships firms, limited liabilities partnerships and individuals in India, which came into effect on 28 May 2016.
Dhir & Dhir Associates
This has adversely affected the economy at large leading to blockage in huge amounts of capital, which could be deployed for other productive purposes...
Khaitan & Co
In a recent order admitting a petition for insolvency resolution filed by Essar Projects India Limited (Operational Creditor) against MCL Global Steel Private Limited (Corporate Debtor), ...
S.S. Rana & Co. Advocates
The Insolvency and Bankruptcy Code, 2016 (hereinafter referred to as the ‘Code') received the assent of the President of India on May 28, 2016.
Khaitan & Co
The Board constituted under the chairmanship of Mr MS Sahoo has recently rejected an application for registration as an insolvency professional (IP) under regulation 7 of the Insolvency and Bankruptcy Board of India (Insolvency Professionals) Regulations, 2016 (IP Regulations) through its first regulatory order.
Luthra & Luthra Law Offices
‘Audi Alteram Partem', the age old legal maxim has been defined under the Blacks Law Dictionary to mean as "Hear the other side; hear both sides. No man should be condemned unheard".
Nishith Desai Associates
The Bombay High Court in the case of IDFC Bank Limited ("IDFC") versus M/s. Ruchi Soya Industries Limited dismissed a winding-up petition filed by IDFC seeking winding up of RSIL...
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Khaitan & Co
Pursuant to notification of the provisions relating to insolvency resolution and liquidation process under the Insolvency and Bankruptcy Code, 2016, several applications have been made to the NCLT...
S.S. Rana & Co. Advocates
The constitution of the aforesaid Tribunals is in exercise of the powers conferred by Sections 408 and 410 respectively of the new Companies Act, 2013.
Chapman Tripp
Under the New Zealand PPSA, GE's interest would not have been entirely lost but its priority could have been affected.
Fair & Just Legal Solutions LLP
The Insolvency and Bankruptcy Code ("IBC") Bill has been passed by both the Houses of Parliament and has received the assent of the President on May 28, 2016.
Singh & Associates
Insolvency is a term which has always been related to an individual or a company/business.
Trilegal
The recent amendments to the SARFAESI Act demonstrate the Indian government's commitment to put in place an efficacious system for dealing with bad debts and making debt recovery easier and effective.
LexCounsel Law Offices
With the above observations, the Bench admitted the insolvency application.
Khaitan & Co
Despite the risk of higher provisioning, banks were not willing to undertake deep surgery or offer higher discounting on stressed assets.
Fair & Just Legal Solutions LLP
The Insolvency and Bankruptcy Board of India has notified the Insolvency and Bankruptcy Board of India (Voluntary Liquidation Process) Regulations, 2017 ("New Regulations") on March 31, 2017.
Corrs Chambers Westgarth
These amendments should provide companies with necessary breathing space to implement a financial restructuring plan.
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