Insolvency and Bankruptcy Code changes to hasten, maximise recovery

September 18, 2022

In separate notifications over the weekend, IBBI allowed creditors to sell part assets in case they get more value. More importantly, the regulator also announced a performance-based pay structure for resolution professionals (RPs). Both moves will have far-reaching changes to recoveries, consultants said.

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Sebi rejects Zee, Punit Goenka’s settlement applications, orders further probe

The Securities and Exchange Board of India (SEBI) has dismissed settlement applications filed by Zee Entertainment and Punit Goenka. The regulator has referred the matter

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Sunil Singhania’s Abakkus backed Caliber Mining and Logistics files DRHP for Rs 600 crore IPO

Caliber Mining and Logistics, backed by Sunil Singhania’s Abakkus, has filed its DRHP for an IPO. The issue comprises a fresh issue of up to

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