‘Persistent and systemic challenges’ undermine IBC’s full potential: Parliamentary committee

[ad_1] Image used for representation purpose only. | Photo Credit: Getty Images/iStockphoto The Insolvency and Bankruptcy Code (IBC) has so far played a significant role in enhancing India’s ease of doing business, but despite its successes, there are “persistent and systemic challenges” that undermine its optimal performance, the Parliamentary Standing Committee on Finance has said. […]

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Supreme Court agrees to hear pleas for review of verdict on liquidation of Bhushan Steel

[ad_1] A general view of Supreme Court in New Delhi. | Photo Credit: Shashi Shekhar Kashyap The Supreme Court on Tuesday (July 29, 2025) fixed July 31 for hearing pleas seeking a review of a May 2 verdict that set aside a resolution plan submitted by JSW Steel Limited for Bhushan Steel and Power Limited […]

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KCCI urges Centre to amend Insolvency and Bankuptcy Code in the interest of MSMEs

[ad_1] President of KCCI M. Ganesh Kamath writes letter to Union Minister for Finance Nirmala Sitaraman seeking amendment President of KCCI M. Ganesh Kamath writes letter to Union Minister for Finance Nirmala Sitaraman seeking amendment Kanara Chamber of Commerce and Industry (KCCI), Mangaluru has urged the Union government to amend the Insolvency and Bankruptcy Code, 2016 and include […]

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