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liquidation
IBBI introduces electronic forms to monitor liquidation processes
New Delhi, To ease the compliance burden on insolvency professionals and improve the efficiency of the liquidation process, the IBBI has launched a set of e-forms under the Insolvency and Bankruptcy Code.These forms are crucial for the liquidation process under the Insolvency and Bankruptcy...- NewsBot
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- bankruptcy cases code details dissolution efficiency forms ibbi insolvency issued liquidation process public regulator voluntary
- Category: Business & Economy
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IBBI releases format for liquidation progress report; seeks comments from stakeholders
New Delhi, IBBI has issued a new format for submission of progress reports during the liquidation process, as provided under (the liquidation process) rules, and sought inputs from stakeholders by July 12.The initiative will ensure a standardized and simplified approach to reporting...- NewsBot
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- adjudicating ensure format ibbi insolvency interested issued july liquidation professionals progress regulator report reports standardized
- Category: Business & Economy
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Creditors' cut in bankruptcy cases increases to 73 percent in FY 2024, resolution taking longer: Report
Mumbai: The cut taken by creditors in bankruptcy resolutions has increased from 64 per cent in FY2023 to 73 per cent in FY2024, a report said on Friday.A total of 269 resolution plans were approved by the National Company Law Tribunal (NCLT) in FY24, up from 189 in the year-ago period...- NewsBot
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- agency bankruptcy cent cirps corporate debtors insolvency lenders liquidation number resolution taken time total year
- Category: Business & Economy
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SEBI to provide flexibility to venture capital funds to deal with illiquid investments
New Delhi, Market regulator Sebi on Tuesday decided to provide flexibility to venture capital funds (VCFs) to deal with illiquid investments of their schemes after the expiry of their tenure.Further, SEBI has decided to create a framework that makes it easier for non-resident Indians, overseas...- NewsBot
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- certain decided framework funds ifsc liquidation ocis period provide provided regulations respect schemes sebi vcfs
- Category: Business & Economy
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ITPCL loan restructuring: NCLAT rejects SBI's objection on liquidation value provided by PNB
New Delhi: Appellate tribunal NCLAT has rejected SBI's arguments opposing the liquidation value of ITPCL offered by the debt-laden company's lead banker PN and said the country's largest lender is not entitled to liquidation value of IL&FS group's thermal Power cannot "end" the company's debt...- NewsBot
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- agreement appellate cent il&fs itpcl lead lenders liquidation nclat power rejected restructuring sbi's tribunal value
- Category: Business & Economy
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SEBI allows AIFs to pledge shares of companies invested in infra sector
New Delhi: To facilitate ease of doing business, market regulator SEBI on Friday allowed AIFs (Alternative Investment Funds) to pledge their shares in companies investing in the infrastructure sector.The regulator has also provided additional flexibility to AIFs and their investors to deal...- NewsBot
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- aifs companies constraints create equity flexibility illiquid infrastructure investee investment investments investors liquidation regulator sebi
- Category: Business & Economy
China's real estate crisis: Shanghai-based property giant Shimao Group faces liquidation lawsuit
SHANGHAI [CHINA], Amid the real estate crisis in China, Shimao Group, another Shanghai-based property giant, on Monday said it has received a liquidation petition from the Chinese state-owned bank, seeking to get the money back from the creditor. Another example of taking legal action. From...- NewsBot
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- another chinese company's crisis developers estate hong kong liquidation monday petition property real shimao
- Category: International Affairs