The IBC was enacted in 2016 to create a time-bound mechanism to deal with companies that default on their loans — by reviving ...
Tax Dues Not Secured Debt Under IBC – VAT First Charge Claim Rejected as IBC Prevails Over VAT Law
The tribunal ruled that state VAT provisions do not prevail over the Insolvency Code. Tax dues were rightly treated as operational debt under the resolution ...
Parliament's IBC Amendment Bill now allows Committee of Creditors to engage land authorities for improved insolvency ...
Bill has proposed a creditor-initiated insolvency resolution process, with out-of-court settlement provision with ...
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Budget Session: Lok Sabha Passes IBC Amendment Bill 2025 to Fast-Track Corporate Insolvency Cases
The Lok Sabha passed the IBC Amendment Bill 2025 on March 30, 2026, introducing a mandatory 14-day admission rule and project ...
The FM said, in the past decade, banks have recovered 1.49 lakh crore from non-performing assets (NPAs), and 52.3 percent of ...
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