Passez à l'illimité avec Magzter GOLD
Obtenez un accès illimité à plus de 9 000 magazines, journaux et articles Premium pour seulement
Essayer OR - Gratuit
Boost to IBC
Financial Express Kochi
|August 14, 2025
The new Bill should be able to address several shortcomings of the insolvency process
-
ANY OF THE changes to the Insolvency and Bankruptcy Code (IBC), proposed in the Bill tabled in the Lok Sabha on Tuesday, were long overdue. To be sure, the corporate insolvency resolution process (CIRP) has been amended from time to time to plug loopholes—it was amended six times in the first five years. However, the mechanism continued to suffer from infirmities and, as was highlighted by the Supreme Court in its recent order in the Bhushan Steel JSW Steel case, resolutions have come about at the cost of regulatory compliance. Among the key changes this time around is the introduction of a creditor-led resolution process which can be kicked off provided 51% of the financial creditors, by value, concur.
Cette histoire est tirée de l'édition August 14, 2025 de Financial Express Kochi.
Abonnez-vous à Magzter GOLD pour accéder à des milliers d'histoires premium sélectionnées et à plus de 9 000 magazines et journaux.
Déjà abonné ? Se connecter
PLUS D'HISTOIRES DE Financial Express Kochi
Financial Express Kochi
Tejas fighter jet crash hits India’s export ambitions
THE CRASH OF TEJAS fighter in front of global arms buyers at the Dubai Airshow is the latest blow to a key national trophy, leaving the jet reliant on Indian military orders to sustain its role as a showcase of home-built defence technology.
1 min
November 24, 2025
Financial Express Kochi
Premium for ‘experience’ widens in realty projects
Branded developers rake it in with the promise of quality
1 mins
November 24, 2025
Financial Express Kochi
When tech comes calling
THE TUMULTUOUS CHANGES taking place in the hospitality industry in the context of AI intervention calls for recognition of the new realities for managing the business. It is not an easy task to have AI engaged at every level in the business. Traditionally managed by multitudes of grey-collared personnel, if leaders can get the human-AI partnership work for all, it could be a game-changer.
2 mins
November 24, 2025
Financial Express Kochi
Meta pulled up for hiding mental health harm claims
US COURT FILINGS ALLEGE
3 mins
November 24, 2025
Financial Express Kochi
Pulses imports plunge 45% in April-October
IMPORTS OF PULSES have contracted in the eight months through October as domestic production improved, reports Saikat Neogi.
1 min
November 24, 2025
Financial Express Kochi
Agritech funding plunges over profitability concerns
INDUSTRY EXPERTS EXPECT REVIVAL IN 2026
2 mins
November 24, 2025
Financial Express Kochi
LNG import bill declines 13% to $8 bn in Apr-Oct
EXPENSE EASES
1 mins
November 24, 2025
Financial Express Kochi
Qualcomm’s pitch for PC upgrade wave
INDIAN ENGINEERING IS at the heart of Qualcomm’s new Snapdragon X2 Elite and Extreme chips, which will power next-generation Windows PCs in the coming months.
1 mins
November 24, 2025
Financial Express Kochi
Purple Ascent
HOW ALATE-NIGHT IDEA TURNED INTO A BEAUTY POWERHOUSE, TAKING THE PERSONAL CARE PLATFORM FROM A SIX-MEMBER LOFT OFFICE TO A DATA-DRIVEN GIANT
4 mins
November 24, 2025
Financial Express Kochi
States’ capex likely grew 10% in April-October
CAPITAL EXPENDITURE BY state governments likely grew 10% on-year in the first seven months of the current financial year, but revenue expenditure growth was a modest 4% during the period.
1 mins
November 24, 2025
Listen
Translate
Change font size