Tag: IBC

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Discuss the structural and administrative challenges faced by the National Company Law Tribunal (NCLT). Suggest reforms to improve its effectiveness.

Topic: Separation of powers between various organs dispute redressal mechanisms and institutions Q4. Discuss the structural and administrative challenges faced by the National Company Law Tribunal (NCLT). Suggest reforms to improve its effectiveness. (10 M) Difficulty Level: Medium Reference: NIE Why the question Recent judicial concern over delays in insolvency resolution highlights systemic issues in …

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Crack GS Paper 1 in UPSC Mains 2025 with Insights IAS IBC (Intensive Bridge Course) – Starts 10th July | Early Bird Fee ₹3600 ( Updated )

What is the Intensive Bridge Course (IBC)? The Intensive Bridge Course (IBC) by InsightsIAS is a comprehensive, fast-paced 45-day Mains-specific program designed to help aspirants score 450+ in UPSC Mains 2025. Whether you’re a first-timer or a veteran, IBC bridges the gap between knowledge and performance. Motto: Strategize. Write. Succeed. Each paper (GS1 to GS4 …

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Crack GS Paper 1 in UPSC Mains 2025 with Insights IAS IBC (Intensive Bridge Course) – Starts 10th July | Early Bird Fee ₹3600 ( Updated )

What is the Intensive Bridge Course (IBC)? The Intensive Bridge Course (IBC) by InsightsIAS is a comprehensive, fast-paced 45-day Mains-specific program designed to help aspirants score 450+ in UPSC Mains 2025. Whether you’re a first-timer or a veteran, IBC bridges the gap between knowledge and performance. Motto: Strategize. Write. Succeed. Each paper (GS1 to GS4 …

Continue reading “Crack GS Paper 1 in UPSC Mains 2025 with Insights IAS IBC (Intensive Bridge Course) – Starts 10th July | Early Bird Fee ₹3600 ( Updated )”

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IBBI to form ‘common panel’ of insolvency professional

Facts for Prelims (FFP) Source: Economic Times  Context: The Insolvency and Bankruptcy Board of India (IBBI) will create a “common panel” consisting of registered insolvency professionals (IPs). This list will be shared in advance with the adjudicating authority. For appointment as IRP (interim resolution professional), Liquidator, RP (resolution professional) and BT (bankruptcy trustee).   The …

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Why has loan recovery via Lok Adalat jumped four-fold?

GS Paper 3 Syllabus: Indian Economy and issues relating to Planning, Mobilization of Resources   Source: IE   Direction: The article highlights why the number of stressed accounts reported to Lok Adalats by banks increased dramatically in 2021-22 and contains explanatory infographics on Lok Adalats and NPAs.    Context: In 2021-22, the number of non-performing …

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United Nations Commission on International Trade Law (UNCITRAL):

GS Paper 2: Topics Covered: Important International institutions, agencies and fora, their structure, mandate.   Context: The Economic Survey 2021-22 has highlighted the need for a “standardised framework for cross-border insolvency” that will help lenders of debt-ridden companies to claim and recover the corporations’ assets and liabilities on foreign shores also.   What needs to …

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