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	<title>NCLT &#8211; newsmantra.in l Latest news on Politics, World, Bollywood, Sports, Delhi, Jammu &amp; Kashmir, Trending news | News Mantra</title>
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	<title>NCLT &#8211; newsmantra.in l Latest news on Politics, World, Bollywood, Sports, Delhi, Jammu &amp; Kashmir, Trending news | News Mantra</title>
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		<title>IICA Marks Decade of Insolvency Code with National Conference and PGIP Convocation</title>
		<link>https://newsmantra.in/iica-10-years-insolvency-bankruptcy-code-national-conference/</link>
		
		<dc:creator><![CDATA[Newsmantra]]></dc:creator>
		<pubDate>Tue, 16 Jun 2026 12:20:00 +0000</pubDate>
				<category><![CDATA[Government- press- release]]></category>
		<category><![CDATA[Govt. Mantra]]></category>
		<category><![CDATA[bankruptcy law India]]></category>
		<category><![CDATA[corporate affairs India]]></category>
		<category><![CDATA[corporate governance India]]></category>
		<category><![CDATA[Deepti Gaur Mukerjee]]></category>
		<category><![CDATA[IBC 10 years]]></category>
		<category><![CDATA[IBC Amendment Act 2026]]></category>
		<category><![CDATA[IICA]]></category>
		<category><![CDATA[IICA National Conference]]></category>
		<category><![CDATA[Insolvency and Bankruptcy Code]]></category>
		<category><![CDATA[insolvency professionals]]></category>
		<category><![CDATA[insolvency reforms India]]></category>
		<category><![CDATA[insolvency resolution]]></category>
		<category><![CDATA[Justice Anupinder Singh Grewal]]></category>
		<category><![CDATA[Justice Ashok Bhushan]]></category>
		<category><![CDATA[Ministry of Corporate Affairs]]></category>
		<category><![CDATA[NCLAT]]></category>
		<category><![CDATA[NCLT]]></category>
		<category><![CDATA[PGIP Convocation]]></category>
		<category><![CDATA[restructuring ecosystem India]]></category>
		<category><![CDATA[Viksit Bharat]]></category>
		<guid isPermaLink="false">https://newsmantra.in/?p=81700</guid>

					<description><![CDATA[NEW DELHI. The Indian Institute of Corporate Affairs (IICA), in collaboration with the Association of Insolvency Professional Entities, organised a National Conference on “Redefining India’s Restructuring Ecosystem” at the Pradhan Mantri Sangrahalaya Auditorium to commemorate ten years of the Insolvency and Bankruptcy Code (IBC). The event also witnessed the convocation...]]></description>
										<content:encoded><![CDATA[<p><strong>NEW DELHI.</strong> The Indian Institute of Corporate Affairs (IICA), in collaboration with the Association of Insolvency Professional Entities, organised a National Conference on “Redefining India’s Restructuring Ecosystem” at the Pradhan Mantri Sangrahalaya Auditorium to commemorate ten years of the Insolvency and Bankruptcy Code (IBC). The event also witnessed the convocation of the sixth batch of the Post Graduate Insolvency Programme (PGIP), during which 40 graduates were awarded degrees. Academic excellence awards sponsored by AZB &amp; Partners were presented to top performers Ashish Kumar, Arun Kumar and K. Geetha Vaishnavi. Welcoming the gathering, IICA Director General and CEO Gyaneshwar Kumar Singh highlighted the significance of the two-year residential programme, which enables graduates to qualify as insolvency professionals without the conventional ten-year experience requirement.</p>
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<p>Delivering the convocation address, Justice Ashok Bhushan, Chairperson of the National Company Law Appellate Tribunal (NCLAT), said the Insolvency and Bankruptcy Code has evolved significantly over the past decade, with major legal and operational issues now settled through landmark judicial pronouncements. He described the period from 2016 to 2021 as the “era of establishment” and the current phase as the “era of refinement,” noting that the Insolvency and Bankruptcy Code Amendment Act, 2026, reflects the legislation’s continued evolution. Justice Anupinder Singh Grewal, President of the National Company Law Tribunal (NCLT), in his keynote address, emphasized the need for stronger judicial and institutional coordination to ensure timely insolvency resolutions and advocated the adoption of the UNCITRAL Model Law on Cross-Border Insolvency to enhance India’s attractiveness as a global restructuring destination.</p>
<p>Addressing the conference, Ministry of Corporate Affairs Secretary Deepti Gaur Mukerjee described the Insolvency and Bankruptcy Code as a transformative reform that has reshaped India’s financial and corporate ecosystem. She highlighted that nearly ₹4 lakh crore has been recovered through resolution processes, with creditors realizing around 170 percent of liquidation value, while more than 32,000 cases were settled before formal admission, preserving credit worth nearly ₹14 lakh crore. Referring to the recently enacted Insolvency and Bankruptcy Code Amendment Act, 2026, she said the reform would further strengthen the insolvency framework and support the national vision of building a developed India under Viksit Bharat.</p>
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			</item>
		<item>
		<title>Banks Urged To Expedite Insolvency Resolution Process at NCLT</title>
		<link>https://newsmantra.in/banks-urged-to-expedite-insolvency-resolution-process-at-nclt/</link>
		
		<dc:creator><![CDATA[Newsmantra]]></dc:creator>
		<pubDate>Mon, 12 May 2025 09:40:38 +0000</pubDate>
				<category><![CDATA[Banking and Finance]]></category>
		<category><![CDATA[NCLT]]></category>
		<category><![CDATA[Public Sector Banks]]></category>
		<category><![CDATA[Shri M. Nagaraju]]></category>
		<guid isPermaLink="false">https://newsmantra.in/?p=62248</guid>

					<description><![CDATA[Shri M. Nagaraju, Secretary of the Department of Financial Services, chaired a review meeting to assess the progress of Public Sector Banks in clearing pending cases at the National Company Law Tribunal (NCLT). The meeting focused on enhancing the effectiveness of the insolvency resolution process by urging banks to expedite...]]></description>
										<content:encoded><![CDATA[<p>Shri M. Nagaraju, Secretary of the Department of Financial Services, chaired a review meeting to assess the progress of Public Sector Banks in clearing pending cases at the National Company Law Tribunal (NCLT). The meeting focused on enhancing the effectiveness of the insolvency resolution process by urging banks to expedite CIRP filings, minimize delays, and oppose frivolous adjournments. Banks were advised to regularly review their top twenty cases, monitor those pending with the Committee of Creditors for over three months, and work to vacate stay orders to resume resolution swiftly. The session emphasized strengthening recovery efforts through coordinated actions to ensure a more efficient and robust insolvency resolution framework.</p>
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		<item>
		<title>Rajeev Kumar Singhal assumes charge as Director (Business Development), GAIL</title>
		<link>https://newsmantra.in/rajeev-kumar-singhal-assumes-charge-as-director-business-development-gail/</link>
		
		<dc:creator><![CDATA[Newsmantra]]></dc:creator>
		<pubDate>Wed, 29 Nov 2023 05:11:40 +0000</pubDate>
				<category><![CDATA[PSU Mantra]]></category>
		<category><![CDATA[GAIL]]></category>
		<category><![CDATA[LNG]]></category>
		<category><![CDATA[NCLT]]></category>
		<guid isPermaLink="false">https://newsmantra.in/?p=32885</guid>

					<description><![CDATA[Shri  Rajeev Kumar Singhal assumed charge as the Director (Business Development), GAIL (India) Limited . He joined GAIL in 1989 as an Assistant Executive Engineer and has spent more than three decades at GAIL in various roles. &#160; He has gained extensive exposure in the operation and maintenance of natural...]]></description>
										<content:encoded><![CDATA[<p>Shri  Rajeev Kumar Singhal assumed charge as the Director (Business Development), GAIL (India) Limited . He joined GAIL in 1989 as an Assistant Executive Engineer and has spent more than three decades at GAIL in various roles.</p>
<p>&nbsp;</p>
<p>He has gained extensive exposure in the operation and maintenance of natural gas installations, SCADA/Telecom, LNG sourcing, trading, shipping, marketing, and business development activities covering mergers and acquisitions, diversification, renewables/green hydrogen, etc.</p>
<p>&nbsp;</p>
<p>Some of his notable achievements include marketing US LNG to six fertilizer plants under a long-term contract, renegotiating LNG sourcing contracts from Qatar and Russia, spearheading the acquisition of JBF Petrochemical Limited through NCLT, setting up India’s first Small Scale LNG project, and acquiring a 26% stake in Japonica, an LNG vessel company.</p>
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