The legal system should trust the process of the IBC. Permitting exceptions on a case by case basis is a dangerous path to go down The Indian Bankruptcy Code (IBC)
Month: April 2018
Insolvency law: IBBI chief puts India Inc’s directors on notice – Business Line–05.04.2018-R
Directors of companies facing the insolvency process cannot go unscathed while the companies they ran are hauled over the coals. For the first time ever,
Loan waivers will hurt farmers more – Business Line–05.04.2018
Policies that improve the long-term sustainability and competitiveness of the farm sector are the need of the hour The ongoing farm distress around the country
Why we don’t need PSBs: Bank privatisation must be on the reform agenda of the next government–Times of India–05.04.2018—–*****
The banking sector, a major engine of growth, has been greatly underperforming in India. This is an inherited problem for the present government. Experts in
Facebook says data of 87 million people may have been shared with Cambridge Analytica | The Indian Express–05.04.2018
Most of the 87 million people whose data was shared with Cambridge Analytica, which worked on US President Donald Trump’s 2016 campaign, were in the
While Facebook faces the music, maybe it is time to #DeleteWhatsApp | Opinion | analysis | Hindustan Times–05.04.2018
It is time to hold all the social media companies accountable for their massive breaches of our privacy analysis Vivek Wadhwa WhatsApp co-founder Brian Acton
India third most vulnerable country to cyber threats – The Hindu–05.04.2018
The U.S. remains most vulnerable to such attacks, followed by China, according to the recently released ‘Internet Security Threat Report’ India emerged as the third
What rising bond yields tell us about the economy – The Hindu–05.04.2018—–*****
The bond market is a strong indicator of investor confidence in the government. Here is how you can read it. The recent furore over the
Bond cover-up – Business Line-05.04.2018
A large part of Indian banks’ non-performing asset (NPA) woes can be traced to the fact that when their lending decisions go awry, they sweep
GST E-Way Bill: It’s all about ‘Jugad’- Business News–Business Today-05.04.2018
The last two days of the e-way bill implementation under the Goods and Services Tax (GST) regime, has been uneventful, with over 11.18 lakh tax
इंधनदरवाढीचा चक्रव्यूह | लोकसत्ता –०५.०४.२०१५८
कर्नाटक विधानसभेची निवडणूक अवघ्या महिनाभरावर आली असताना पेट्रोल-डिझेलच्या दरांनी चार वर्षांचा उच्चांक गाठला आहे. जनमताचा कौल अजमावण्याची वेळ येते, त्याच काळात सत्ताधाऱ्यांबाबत प्रतिकूल मत वाढत
मुद्रांकाची धूळफेक! | लोकसत्ता –०५.०४.२०१८
सगळे काही फुकट किंवा कमीत कमी किमतीत मिळण्याची सवय लागलेल्या समाजाला, एखाद्या गोष्टीचे दर वाढणार नाहीत, या निर्णयाबद्दल कमालीचे अप्रूप असते. नव्याने घरे खरेदी करणाऱ्या
Liability of the Insurer if policy is cancelled before the accident took place –Whether insurer liable?–Held, “no”–Source–Manupatra–case decided by Supreme Court in 2007
Constitution of India – Article 142–Motor Vehicles Act, 1988–Sections 147, 149, 166 and 168–Insurance Act, 1938–Section 64VB–Compensation–Liability of insurer–Premium paid by cheque–But cheque dishonoured–Insurance policy
Whether Insurance Company, was absolved of its obligations to third party because cheque given got dishonoured –Source Manupatra–decided by Supreme Court on 17.04.2012
Held, Section 64VB of Insurance Act provided that no risk was assumed by insurer unless premium payable was received in advance – Where policy of
Whether dishonour of post-dated cheque described as security in loan agreement is covered by Section 138 of Act, 1881 ?–Source Manupatra–Case decided by Supreme Court on 19.09.2016
Facts of the case The Appellant was Director of the company whose cheques have been dishonoured and who was also the co-accused. Vide the loan
आर्थिक वर्षाची ‘भेट’ – महाराष्ट्र टाइम्स –04.04.2018
पेट्रोलच्या दरात होणारी वाढ ही केंद्र सरकारच्या, सरकार चालवण्यात येत असल्याच्या अपयशाचा पुरावा आहे. त्याविरोधात जनतेमध्ये प्रचंड असंतोष आहे. इतर वस्तूंवर तसेच सरकारवरही त्याचे ओझे
AADHAAR: Aadhaar law is just, fair & reasonable: Centre to SC – The Economic Times–04.04.2018
The Centre today justified the Aadhaar Act in the Supreme Court, saying it was a “fair and reasonable law” which complied with the tests prescribed by the historic
Insolvency and Bankruptcy Code: IBC panel suggests treating home buyers as financial creditors – The Economic Times–04.04.2018
Wilful defaulters and those whose accounts have been classified as non-performing assets, among others, are barred from bidding for stressed assets. Home buyers should be
Insolvency | Bankruptcy Law: IBC panel recommends changes to revamp insolvency resolution process–Economic Times–04.04.2018-R
Watch IBC revamp details as panel recommends changes in resolution process The MS Sahoo-led Insolvency and Bankruptcy panel has recommended changes to the insolvency resolution framework in its report
For a deeper market for stressed assets–Economic Times–04.04.2018
Tweaks to eligibility and bidding norms under the Insolvency and Bankruptcy Code must be subservient to the core public policy goal of the process: maximising
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