FCRPIndia

A society of stakeholders advocating for reform of IBC and revival of companies under resolution.

[FCRPIndia @FcrpIndia]

Read more at: https://t.co/78kOrGLAEY

#IBC #insolvency #bankruptcy

[Dr Arvind Mayaram اروند مایارام अरविंद मायाराम @MayaramArvind]

@suchetadalal Sharp analysis-
Corruption and Abuse Threaten Modi Government’s Showcase Bankruptcy Law https://t.co/qYb32zbpRU via @YouTube

[FCRPIndia @FcrpIndia]

Read more at : https://t.co/IPwmdP9Zgb

#IBC #insolvency #bankruptcy

[FCRPIndia @FcrpIndia]

Fast resolution is the need of the hour. The industry, entrepreneurs and the country needs it.

#IBC #insolvency #bankruptcy

Read more at: https://t.co/gUEvnjhRWi

[FCRPIndia @FcrpIndia]

Finally!

#IBC #insolvency #bankruptcy

Read more at:https://t.co/76zkxiJxEu

[FCRPIndia @FcrpIndia]

"We must rethink the insolvency ecosystem before it loses appeal"
#insolvency #bankruptcy #IBC

Read more at: https://t.co/LFpMYmILJy

[FCRPIndia @FcrpIndia]

Could this be a game changer?
#IBC #insolvency #bankruptcy

Read more at : https://t.co/cgWe0lAKfJ

[FCRPIndia @FcrpIndia]

#IBC #insolvency #bankruptcy

Read more at: https://t.co/udSZKK63xM

[FCRPIndia @FcrpIndia]

"Delay, thy name is IBC"
#IBC #bankruptcy

Read more at: https://t.co/kvU9EvH3dp

[FCRPIndia @FcrpIndia]

94% haircut! Because of, or inspite of IBC process?
#IBC #bankruptcy #resolution

https://t.co/XMrBxuuTyd

[FCRPIndia @FcrpIndia]

Just 4% IBC cases resolved.
https://t.co/7vHRr9rhsd
#IBC #bankruptcy #IBBI #companyresolution

[FCRPIndia @FcrpIndia]

The IBC process becomes a hunting ground for detractors. In this case by filing false cases, malicious news & writing to authorities concocting misappropriation. Lenders keen to be above suspicion, followed the falsehoods into multiple audits leading Educomp into the deep end.

[FCRPIndia @FcrpIndia]

A glaring example of how vested interests derailed the Educomp resolution process… to the detriment of lenders, buyers, and the IBC process itself.

#IBC #ibccode #IBBI #FDI #companyresolution #companylaw

https://t.co/vDdpgdo1Nb

[FCRPIndia @FcrpIndia]

RBI Could Allow ARCs as Resolution Applicants Soon - Economic Times
#rbi #ibccode #companyresolution #companylaw

[FCRPIndia @FcrpIndia]

Yet another company under IBC being sold for a song by CoC?

#ibc #ibccode #CoC #Companyresolution #nclat #companylaw

[The Indian Express @IndianExpress]

#ExpressEditorial | Resolving stress: IL&FS resolution needs to be examined carefully — it offers learnings for increasing effectiveness of process

https://t.co/xU4CKARIii

[FCRPIndia @FcrpIndia]

Is SBI guilty of causing losses to SBI?
#fcrp #sbibank #nclt #COC #companyresolution

[PIB India @PIB_India]

More than 4,000 cases admitted for corporate insolvency resolution process since FY 2016

359 cases resolved with realizable value of more than Rs 2 lakh crore for creditors

Details: https://t.co/LoDEdSKF6q

#ParliamentQuestion

[ETLegalworld @EtLegalworld]

In a one-line ruling, the two-judge bench of L Nageswara Rao and BR Gavai stayed the Chennai NCLAT judgment dated January 28, 2022, until further orders. The next hearing date is set for the last week of April.
Read more at: https://t.co/9BkRoQHPOE
#ETLegalWorld #NCLT #SC

[TOI Business @TOIBusiness]

DHFL Case: CoC members say no to recovery of Rs 40k cr, want ascribed value of Re 1 https://t.co/AOMuK7Yw9C