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Parliament passes insolvency law amendments to speed up resolutions; Sitharaman says aim is revival, not liquidation

Parliament on Wednesday passed amendments to the Insolvency and Bankruptcy Code (IBC) aimed at expediting resolution of stressed companies and reducing case backlogs, with Finance Minister Nirmala Sitharaman underlining that the objective is to revive firms rather than liquidate them, according to PTI.The Rajya Sabha cleared the Insolvency and Bankruptcy Code (Amendment) Bill, 2026 by…

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IBC amendments to speed up resolutions, boost stakeholder value, says Finance Minister | India News

NEW DELHI: Finance minister Nirmala Sitharaman said amendments to the Insolvency & Bankruptcy Code (IBC) will help maximise value for stakeholders as the Lok Sabha passed the bill on Monday.She said the 12th Amendment seeks to strengthen the existing insolvency framework, as well as address practical challenges, and incorporate evolving global best practices. She added…

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‘Every year, we make resolutions… by February it’s a joke’: Jonita Doda gets real about New Year goals – Exclusive | Malayalam Movie News

Actress Jonita Doda, known for ‘Salmon 3D’, is approaching New Year’s resolutions differently this year. Prioritizing self-kindness, she aims to refill her own cup to better support others. Fitness, discipline, and reclaiming personal time are key. Doda is also launching her podcast, ‘The Voice with Jonita Doda’, and advocating for environmental care, hoping for lasting…

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Nagaruna reacts to Sobhita Dulipala’s pregnancy rumours, James Cameron–SS Rajamouli interaction, Samantha’s 2026 resolutions: Top 5 South newsmakers of the day |

Nagarjuna addressed Sobhita Dhulipala’s pregnancy rumors with a cryptic response, while James Cameron and SS Rajamouli shared a private interaction ahead of ‘Avatar 3’. Samantha revealed her 2026 resolutions focused on deeper connections and personal growth. Dr. Biju criticized the Kerala State Chalachitra Academy over film festival controversies, and Allu Arjun charmed fans with an…

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IBC overhaul: Parliament panel seeks advance ruling system; can these fixes speed up resolutions?

A Parliamentary panel has called for sweeping improvements to India’s insolvency framework, including a new advance ruling mechanism that would give stakeholders clarity even before a case is admitted under the Insolvency and Bankruptcy Code (IBC). The proposal is aimed at reducing avoidable litigation and safeguarding the time-bound nature of the resolution process, according to…

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