The panel of experts constituted by the government to review the Insolvency and Bankruptcy Code (IBC) has recommended that the National Company Law Tribunal (NCLT)
Month: April 2018
As NPAs rise, banks strengthen credit monitoring departments – Business Line–27.04.2018
Banks are strengthening their credit monitoring departments to ensure that loans don’t get into restructuring mode, with attendant provisioning consequences, as the Reserve Bank of
The IBC requires some cleaning up | Business Standard Column–27.04.2018
Questions persist on the legal standard that insolvency professionals – particularly those who replace the authority of the boards of directors of insolvent companies –
ITR 6–‘Taxing’ returns – Business Line–27.04.2018
The new Form ITR-6 requires too much of info From time immemorial, taxes in India have been split into direct taxes (income tax) and indirect
Take bad asset bidding online – Business Line–27.04.2018
This option will not only reduce litigation but also bring in transparency Over a year after its enactment, the Insolvency and Bankruptcy Code has kicked
Flipkart | ITAT: Flipkart dodges a Rs 110 crore tax demand as ITAT rules in its favour–Economic Times–26.04.2018
In a relief to Flipkart the Income Tax Appellate Tribunal (ITAT) in Bengaluru on Tuesday rejected the revenue department’s argument that discounts dolled out by the e-commerce major should
succession planning: Planning a departure: Here’s how MSMEs can master an in-house succession plan – The Economic Times–26.04.2018
While the ancients propagate our earthly departure as the only truth, we live and act as immortals. The same holds true in the corporate world.
Insolvency crisis: 2500 bankruptcy cases, but where are the judges? | Business Standard News–26.04.2018
India’s revamped bankruptcy process is in full swing and investors from Blackstone Group LP to Oaktree Capital Group LLC are salivating over an estimated $210
Resetting the GST paradigm | Business Standard Column–26.04.2018
The roll-out of the countrywide goods and services tax (GST) from July 2017 was expected to favour the consuming states more than those with heavy concentration of
Time ripe to consider ‘pre-packs’ under insolvency: NCLT President – Business Line–26.04.2018
India would do well to consider ushering in the concept of ‘pre-packs’ in its insolvency regime, the National Company Law Tribunal (NCLT) President MM Kumar
NCLT allows ICICI Bank’s plea for insolvency resolution process against Unimark Remedies – Business Line–26.04.2018
The Mumbai Bench of the National Company Law Tribunal has admitted ICICI Bank’s plea to initiate corporate insolvency resolution process against Unimark Remedies Ltd to
NCLT reserves order in Binani Cement’s insolvency resolution process – Business Line–26.04.2018
The Kolkata bench of National Company Law Tribunal (NCLT) on Tuesday reserved its order in the ongoing corporate insolvency resolution process of Binani Cement. The
Videocon approaches NCLT to list all insolvency cases together – Business Line–26.04.2018
Debt-ridden Videocon Group today approached the principal bench of NCLT requesting it to direct all insolvency case, filed by its lenders against seven group companies
Essar Steel: Lenders’ call on new round of bidding this week – Business Line–26.04.2018
Essar Steel’s Committee of Creditors (CoC) is veering towards inviting fresh bids for the stressed asset, paving the way for JSW Steel, Vedanta, Tata Steel,
IBC relief: New bankruptcy code tweak could put MSMEs ahead in claims queue – The Economic Times–25.04.2018
The ordinance is likely to allow people to file resolution applications on behalf of the financial creditors as their guardians or the administrators or executors
Bankruptcy cases: Resolution professionals under attack from bidders, NCLT | Business Standard News–25.04.2018
Resolution professionals (RPs) are coming under sharp attack not only from bidders but also the National Company Law Tribunal (NCLT) for not following the process
Warnings on the external account: CAD could expand to 2013 levels | Business Standard Editorials–25.04.2018
The government has repeatedly argued that among its major achievements is moving India out of the “fragile five” economies identified during the “taper tantrum” of
Writing a Will: Avoid these 8 mistakes while writing a will to ensure your assets are passed onto your heirs–24.04.2018
Where there’s a will, there’s usually someone ready to contest it. Where there’s none, someone is ready to fight over the inheritance anyway. This may
RERA: ET View: Amend IBC to bring it in sync with RERA – The Economic Times–24.04.2018
The government must amend the IBC to recognise the legitimate claim of home buyers. A paper by industry lobby Assocham surmises that the Insolvency and Bankruptcy Code and the
TDS: When and how should a tenant deduct TDS on rent paid to landlord? – The Economic Times–24.04.2018
By Shubham Agrawal and Vinay Dwivedi Tenants have to deduct TDS if the rent exceeds a limit. Shubham Agrawal & ET Wealth tell you how to do it. Who should deduct
aniltikotekar4sme.com 