In Depth - Insolvency and Bankruptcy Code Act

Рет қаралды 126,875

5 жыл бұрын

The Narendra Modi government introduced the Insolvency and Bankruptcy Code in 2016 to resolve claims involving insolvent companies...This code was intended to tackle the bad loan problems that were affecting the banking system.
Two years on...the IBC has succeeded in a large measure in preventing corporates from defaulting on their loans.
According to Finance Minister Arun Jaitley ... the IBC process has changed the debtor - creditor relationship. A number of major cases have been resolved in two years, while some others are in advanced stages of resolution.
Today in IN DEPTH, we trace the journey of the IBC, and how it has turned out to be a major economic reform... by helping to contain the rising NPA problem
Anchor - Teena Jha

Пікірлер: 63

@akshitdadhwal 5 жыл бұрын

Best news channel I expect all channels to be informative like this ...private channels are becoming bigger and bigger garbage bins ..distracting the public

@daltonwill4218 2 жыл бұрын

sorry to be so off topic but does anybody know a way to get back into an Instagram account..? I stupidly lost my login password. I would love any help you can offer me

@ulisesvihaan3207 2 жыл бұрын

@Dalton Will instablaster =)

@daltonwill4218 2 жыл бұрын

@Ulises Vihaan Thanks for your reply. I got to the site on google and Im in the hacking process atm. Looks like it's gonna take a while so I will reply here later when my account password hopefully is recovered.

@daltonwill4218 2 жыл бұрын

@Ulises Vihaan It did the trick and I actually got access to my account again. Im so happy! Thanks so much you saved my account !

@ulisesvihaan3207 2 жыл бұрын

@Dalton Will No problem :)

@sandeeprebally1391 5 жыл бұрын

One of the best In depth episode of Rstv.Thank you very much..😀😀

@ROHITSINGH-fw2lm 5 жыл бұрын

thanks, Rajya Sabha tv for explaining ibc in a lucid manner.

@ns6755t 4 жыл бұрын

RSTV reminds me of my dream about how every other govt entities must and should conduct it's business - professional , sophisticated, well informed and well presented , ending with a humble ' happy to serve citizens' mantra . Wish municipal corporation, discoms , police , RTOs , railway pick up a few leaves of the RSTV pages and served the people with such high standards.

@anushribanerji2311 5 жыл бұрын

Thank you so much. Unparalleled explaination...makes it easy to understand even for novices like me to economy

@hanumanmeena1047 5 жыл бұрын

Specially thanks toTeena jha & rstv team for this unique program.

@pavantayade1647 5 жыл бұрын

Thank you, RSTV.

@manasjaju 4 жыл бұрын

Very comprehensive and lucid explanation. It will be helpful if you provide a pdf version in the link so that we can refer to it as and when needed

@AGknowStick 5 жыл бұрын

Thank you so much for this beautiful session. It was really helpful in understanding the prevailing state of economy.

@prakharkumar2554 3 жыл бұрын

Thank you for valuable knowledge

@chetanbagali764 5 жыл бұрын

Banks as npa Couldn't lend Less investment Less economic growth Now banks are able to get back their money because of ibc

@thehemantj 3 жыл бұрын

Banks rather with IBC prefer SARFAESI over IBC..as what if INSOLVENCY RESOLUTION PROCESS doesn’t work out??

@gagandeepsingh-df7ts 5 жыл бұрын

The issue is that 3 lakh crore have been recovered.. but what was the real worth of those companies resolved and liquidated

@princevirk7252 5 жыл бұрын

Explanation is tooo good

@bantirajput1769 5 жыл бұрын

Right decision right time

@trilochan9152 5 жыл бұрын

If company gets into Insolvency, the amount of unemployment generated should also be managed by this act as we r living in democratic country and welfare of common masses should also be considered

@gagandeepsingh-df7ts 5 жыл бұрын

I believe that resolution and liquidity would lead to selling of the company to a new owner and management. So ideally it should not impact or lead to unemployment of workers... Please correct me if m wrong

@elangovanlatha8697 5 жыл бұрын

super program

@abhijeetadhikari8158 5 жыл бұрын

Thanks

@rahuldhar869 5 жыл бұрын

Please enable automatic subtitles in your videos. Thank you

@samreenbegum1998 5 жыл бұрын

nice

@chetanbagali764 5 жыл бұрын

Time bound process

@fahadamin7042 5 жыл бұрын

what is the procedure of recover money, i mean to meet NPA, more NPA means it will provision shortfall and deficit capital for banks.....

@nitintodkar 5 жыл бұрын

This video can be short

@mokshit6905 5 жыл бұрын

Nicee

@mannababai 5 жыл бұрын

Bankruptcy me suppliers k v diwala Hoti hai, kiu k unko kuch nahi milta. Lakin sarkar pura tax le jati hai. Mera 10.5 laks k against 1.17 laks Mila , par maine jo sales tax jama Kia sarkar k kuch to responsibility Hoti hai hamara peisa dila de. Ham v to loans leke business kar rahe hai, hamara kya hoga. Jo v hota hai Marta hai chota admi, unki koi nahi sochta😡😠😡😠😠😡😡

@sunilpradhan6409 5 жыл бұрын

What about wind world India Ltd from list insolvency

@demlinnalo2030 5 жыл бұрын

👍👍👍👍👍👍👍👍👍👍👍👍👍👍👍

@winnervijay 2 жыл бұрын

Can Arbitration award of an operational Creditors be considered as a secured creditor in resolution process.

@singhrock 4 жыл бұрын

The Hindu business host explained well.

@legalfundaa7043 3 жыл бұрын

Promoters take loan of 1000 Crore. Process goes to insolvency. Promoters can bid the same company with 500 Crore. This is as good as restructuring loan. Looks like Sham.!

@avishekdas6130 5 жыл бұрын

A trustee board runs a college where we supply materials. Now the situation is they are unable to release outstanding payments. Please tell me can I file IBC against trustee board ??? Please reply

@faizanusmani1039 4 жыл бұрын

The loan should be atleast 1 Crore.

@tourismprayagraj 5 жыл бұрын

What about those loans which have been given as collateral free loans under Priority sector lending and Mudra Loans? Is there any way to control NPA of such loans?

@vsuryasai300 5 жыл бұрын

They aren't considered NPA as they are guaranteed under NCGTC.

@umamahesh6851 4 жыл бұрын

CGFMU guarantee for mudra and cgssi for stand up india

@prashantmehra6635 5 жыл бұрын

What happens to the employees of the insolveny companies in case company doesn't get any resolution and decided to go for liquidation....I was an employee of such company whose resolution has not yet been taken place and most likely it is going for a liquidation.....what will happen to the full and final settlement of the employees who have left this co.?

@faizanusmani1039 4 жыл бұрын

You will get all payment dues in 24 months before liquidation

@prashantmehra6635 4 жыл бұрын

@@faizanusmani1039 24 Months means after resigning??? Say If I have resigned in August 2018 then?Is there any law about it? Can u Pls confirm?

@thotavenkatesh6646 5 жыл бұрын

Will personal loans also comes under this

@ranjithm8236 5 жыл бұрын

No only corporate loans are dealt under IBC

@Golu2290 5 жыл бұрын

PLZ PROVIDE AFTER SESSIONS WILL PDF PLZ VERY USEFUL THIS

@Satetp 5 жыл бұрын

This is not coaching center of mukherji nagar. Create your own notes after watching it. IBC Insolvency and Bankruptcy Code, 2016 is bankruptcy law of India which seeks to consolidate the existing framework by creating a single law for insolvency and bankruptcy. The code will be able to protect the interests of small investors and make the process of doing business a less cumbersome process It is applicable to Individuals, partnerships, LLP , Corporates. Adjudicating Authorities are NCLT for Corporates , DRT for Individuals & partnership firms Adjudicating Authorities to decide insolvency application within 180 days (90 days extension allowed) Also provision for fast tracking resolution process to complete it in 90 days which could be extendable by further 45 days. However, only small companies and start-ups could opt for this method.During the resolution process financial creditors’ assess whether the debtors’ business could be restructured and also consider options for the revival. If the insolvency resolution process fails, the liquidation of assets begins. The resolution processes are conducted by licensed Insolvency Professionals (IPs). Adjudicating Authorities have been set up under Companies Act, 2013 & Recovery of Debt due to Banks & Financial Institutions Act, 1993 IBBI Insolvency and Bankruptcy Board of India was set up on 1st October 2016 under IBC Insolvency and Bankruptcy Code, 2016. It is a unique regulator: regulates a profession as well as transactions. The IBBI has a 10 members board including a Chairman. Following is the structure of the IBBI: One ChairpersonThree members from Central Government officers not below the rank of Joint Secretary or equivalent. One nominated member from the RBI. Five members nominated by the Central Government; of these, three shall be whole-time members.

@roynotintown 5 жыл бұрын

@@Satetp 😂😂😂

@chetanbagali764 5 жыл бұрын

Resolve insolvent company Default on loans Ibc To counter npa 2016 president assent 1322 nclt Resolved outside court Nclt trusted forum 29a 2lakh crore receive d 4452 settled before action 3lakh crores in 2 years Raising npa

@sandeeprebally1391 5 жыл бұрын

Can you bring an episode on 124th amendment bill ?

@BhoopendraGurjarMaycha 2 жыл бұрын

बैंक क्या हासिल कर पाएँ

@versatilegst4162 Жыл бұрын

Its Just Code Not Code Act

@BhoopendraGurjarMaycha 2 жыл бұрын

Bank’s cridle

@akhileshkanwar793 4 жыл бұрын

Rrb po mains

@littleintrospection1204 5 жыл бұрын

It is political drama when thieves ran away wisdom knocks the door. In the era of negative politics public has only redemption to see rules are there, you are safe, just believe.... Democracy means people are for people for anythings, thousands can be hungry so that thousands can be king of goldmines of wealth.

@PraveshKumar-iw7tk 5 жыл бұрын

यदि हां तो हिंदी में होता तो बहुत अच्छा लगता

@chetanbagali764 5 жыл бұрын

If it comes to nclt management will be lost Preadmission

@satyaprakashmishra7314 5 жыл бұрын

With due respect ...the lady who is reading the script in the background (not the host) should learn how to READ. She commits a mistake in every 2nd line! Emphasis should be on reading the script and not the accent! I am really sorry..but it is very annoying.😕

@jaipurvikasrajvanshi7325 5 жыл бұрын

00 po

@tan_who 5 жыл бұрын

Sir I totally disagree with you...i can't find any such mistake

@chanderkant9545 5 жыл бұрын

what mistakes are you talking about ?

@BhoopendraGurjarMaycha 2 жыл бұрын

ये झूठी बातें बंद कर दो