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New Delhi: Union Finance Minister Nirmala Sitharaman during the Monsoon session of Parliament, in New Delhi, Monday, Aug. 11, 2025. (PTI Photo/Arun Sharma) (PTI08_11_2025_000030A)

With IBC Amendment Bill, govt hopes to expedite insolvency process, maximise value: Key takeaways

August 13, 2025 3:43 pm

The amendment bill has proposed changes to improve the efficiency and oversight in the liquidation process by authorising the CoC to supervise liquidation.

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With long delays and steep haircuts, chorus for revamping Insolvency and Bankruptcy Code grows louder

October 06, 2024 7:28 am

In the recent past, various stakeholders, including RBI Governor Shaktikanta Das and the Parliament’s Standing Committee on Finance, also flagged concerns and the need to rethink the IBC's design.

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Flats not delivered on time, years of litigation: Jaypee homebuyers remain stuck in limbo

February 12, 2024 8:46 am

Flats not delivered on time, years of litigation, mounting expenses — for buyers who purchased flats in Jaypee’s housing projects, their dreams of a home have turned into a nightmare. While another firm was brought on board to take over construction, the finish line is far from close. What went wrong? Dheeraj Mishra finds out

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Express View: Bankruptcy code’s loose ends

November 29, 2023 10:57 pm

Outcomes under bankruptcy code continue to fall short of expectations. Measures are needed to improve its functioning

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Average time taken for IBC resolution at three-year high

August 31, 2023 4:39 am

The timelines for the resolution of cases under CIRP or Insolvency and Bankruptcy Code (IBC) continue to increase for operational creditors (OCs) and financial creditors (FCs) during the June quarter.

In audio clips, Nitin Desai heard urging govt to ensure his studio is not seized: Cops

August 13, 2023 2:34 pm

An officer said that they have sent the audio notes to the Forensic Science Laboratory (FSL) to confirm its authenticity.

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Aircraft can resume flying soon: Go First's Resolution Professional to HC

July 12, 2023 9:54 am

The submission was made by senior advocate Ramji Srinivasan appearing for the RP before a division bench of Chief Justice Satish Chandra Sharma and Justice Sanjeev Narula.

The tail fins of Go First airline, formerly known as GoAir, passenger aircrafts are seen parked on the tarmac at the airport in New Delhi, India, May 11, 2023.

Where does Go First’s insolvency resolution process stand?

June 23, 2023 10:46 am

A revival plan is reportedly in the works. But airfares are as of now through the roof, and the IBC process has been slower and less productive than expected. Bottom line: the longer this process is delayed, the more will be the value lost, and the more difficult it will be to restart operations

Go First extends suspension of flights till June 22

June 19, 2023 1:36 pm

In a tweet, cash-strapped Go First said, "Due to operational reasons, Go First flights until 22nd June 2023 are cancelled."

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Express View on the Insolvency and Bankruptcy Code: Changes are needed to ensure its smooth functioning

May 17, 2023 10:02 pm

The guiding principle should be to cut down the delays in the process and increase the efficiency and effectiveness of the Code

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