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Is This the End for the Fisker Ocean?
08 May 2024 18:39 GMT
… self-administration according to Austrian Insolvency Code.
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"The proceeding …
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Fisker files bankruptcy equivalent in Austria to gain ‘breathing room’ amid Ocean production halt
08 May 2024 15:23 GMT
… self-administration under the Austrian Insolvency Code. The proceeding will enable Fisker …
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Centre Exempts Aircraft, Engine-related Transactions From Moratorium Under Insolvency Code
06 Oct 2023 10:35 GMT
The Ministry of Corporate Affairs recently issued a notification stating that the provisions of sub-section (1) of section 14 of the Insolvency and Bankruptcy Code, 2016 (IBC) would not apply to transactions, arrangements, or agreements relating to …
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Insolvency Code Needs 'Amendment': IBBI Chief Invites Suggestions To Reduce Delays
17 Sep 2023 04:41 GMT
Insolvency and Bankruptcy Board of India (IBBI) chairman Ravi Mital on Saturday asked stakeholders for innovative suggestions to help reduce delays in company insolvency resolutions and said that there is a need for an amendment, reported PTI. Mital also …
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Fisker Stock Alert: Fisker Austria Begins Insolvency Proceedings
07 May 2024 19:47 GMT
… a restructuring under the Austria Insolvency Code. Predictably, Fisker stock is down …
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Use insolvency code as a last resort, says panel on stalled housing projects
21 Aug 2023 15:43 GMT
Representational file image.
| Photo Credit: K.V.S. Giri
Identifying financial viability as the primary reason for stress in real estate projects, an expert committee headed by former NITI Aayog CEO Amitabh Kant has said judicial interventions such as …
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Partial sale of companies won't be default under insolvency code: Report
13 May 2023 09:14 GMT
Go First seeks interim moratorium, NCLT says no such provision under IBC
Go First airline asks NCLT to pass urgent order on insolvency plea
IBC process: Resolution and distribution of funds may be separated
CBIC asks taxmen to recover lower dues from firms …
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Sitharaman vows to strengthen insolvency code amid criticism of creditor losses
02 Apr 2023 05:21 GMT
Finance Minister Nirmala Sitharaman on Saturday stated that the government has no hesitation to amend the Insolvency and Bankruptcy Code (IBC) to make it stronger, as there has been criticism of a slowdown in the resolution process and a decline in …
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Why is a Reliance Capital Ltd investor challenging its resolution plan?
03 May 2024 07:08 GMT
… under Section 31 of the Insolvency Code, if such plan provides for … petition.
Section 31 of the Insolvency Code refers to approval of a …
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The Centre’s proposals should strengthen insolvency code
22 Jan 2023 23:03 GMT
The introduction of the Insolvency and Bankruptcy Code (IBC) in 2016 was a ‘watershed’ moment in India, its success aided by swift legislative interventions by the government to ensure that the code evolved to address legal and practical challenges in its …