“IPs shall not require any certificate from another person certifying the eligibility of a resolution applicant,” IBBI said. The Insolvency and Bankruptcy Board of India
Day: January 4, 2018
Ex RBI Governor Subbarao: Financial inclusion drive must target the poor: Former RBI Governor D Subbarao – The Economic Times–04.01.2018
Subbarao, who delivered the lecture on “Reserve Bank of India – Making a difference to everyday lives”, discussed several issues relating to the RBI’s functioning,
Bankruptcy: IBC’s objective not to emphasise on liquidation: NCLT – The Economic Times–04.01.2018
National Company Law Tribunal (NCLT) president M M Kumar today said the objective of the Insolvency and Bankruptcy Code (IBC) is to find appropriate solution
GST–Why benefits of e-way bill must be contrasted with its disruption – The Financial Express–04.01.2018
Given how companies are yet to come to grips with GST, the planned launch of the e-way bill for inter-state shipments from February 1 is
Flexibility on bankruptcy | Business Standard Editorials–04.01.2018
Parliament on Tuesday gave its assent to the amendments that the government had proposed to the Insolvency and Bankruptcy Code, or IBC. These are meant
With IBC, banks will decide their fate | Business Standard News–04.01.2018
The government could be looking at giving tax exemptions to buyers of stressed assets because they may otherwise ask for more haircuts on assets. This,
GST: Chaotic tax overhaul bad news for truckers, cross-border trade | Business Standard News–04.01.2018
Post-GST, over 20 states have done away with the check post which has reportedly reduced transit time of transportation by 30-40 per cent. But industry
More MSMEs register with M1 Xchange for online trade receivables discounting | Business Line–04.01.2018
The platform will improve fund flow to small units by reducing the receivables realisation cycles Micro, small and medium enterprises (MSMEs), which were hitherto struggling
On the ledger: on fiscal consolidation – The Hindu–04.01.2018
Eight months into the financial year, or until end November, the Union government’s fiscal deficit — the amount by which its expenditure exceeds revenue —
FRDI–No need for bail-in in 98 per cent cases, says Subhash Garg–04.01.2018
Economic affairs secretary Subhash Chandra Garg on Wednesday said that there is no likelihood of bail-in for over 98 per cent of bank depositors which