Revised Framework on Resolution of Stressed Assets dated February 12, 2018

The Reserve Bank of India (RBI) vide its notification bearing ref. no. DBR.No.BP.BC.101/21.04.048/2017-18 dated February 12, 2018 (Revised Framework) brought into effect a new framework with a view to early identification and resolution of stressed assets in harmonisation with the … Continue reading Revised Framework on Resolution of Stressed Assets dated February 12, 2018

The Insolvency and Bankruptcy Code, 2016: A Blessing for Outstanding Trade Creditors

The Insolvency and Bankruptcy Code, 2016 (IBC) has helped the operational creditors i.e. outstanding trade creditors to recover their dues. The definition of Operational Creditors also includes employees within its ambit. A rough estimate of the total cases filed in … Continue reading The Insolvency and Bankruptcy Code, 2016: A Blessing for Outstanding Trade Creditors