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SC upholds validity of various provisions of IBC, says no manifest arbitrariness

The court has rejected challenges by many prominent industrialists such as Anil Ambani to some provisions of the Insolvency and Bankruptcy Code (IBC) alleging that they were violative of fundamental rights.

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Numbers game: PC Jeweller files 26-volume response to SBI's 19-volume insolvency plea

The case is now likely to come up for hearing on September 18.

India , Delhi , Ramalingam-sudhakar , Indian-bank , National-company-law-tribunal , Union-bank , Punjab-national-bank , State-bank , Punjab-national , State-bank-of-india , Pc-jeweller , Bankruptcy-and-insolvency-code

NCLT questions maintainability of Aircastle's second insolvency plea against SpiceJet

According to the tribunal, a creditor is entitled to file one insolvency plea at a time and if the corporate debtor is admitted to insolvency, the creditor could lodge a consolidated claim with the resolution professional.

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Break up Big-5, Reduce Tariffs, Bring IBC Back on Track: What All Viral Acharya Said in New Paper

The former RBI deputy governor said that the growth of the Big-5, supported by a 'new India' policy of creating 'national champions', appears to be keeping prices at a high level. However, some experts disagree.

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