Given how a large part of the government’s plan to revive investments is predicated on a successful conclusion of the insolvency process under the Insolvency
Day: May 11, 2018
SC decision gives IBC process a fillip – The Financial Express–11.05.2018
The recent Supreme Court decision holding that the waiver of loan is not income in the hands of the borrower could not have come at
Binani Cement Insolvency: SC rejects Dalmia plea for stay on NCLAT order – The Financial Express–11.05.2018
The NCLAT’s interim order had stated that during the pendency of Dalmia Bharat’s appeal, the CoC can approve any plan it deems fit but that
NCLT reserves judgment on Monnet Ispat resolution plan – The Financial Express–11.05.2018
The Mumbai bench of the National Company Law Tribunal (NCLT) reserved its judgment on JSW Steel-Aion Investment’s resolution plan for Monnet Ispat after legal counsels
Binani sale: SC won’t interfere, pushes Dalmia Bharat’s plea back to NCLAT | Business Standard News–11.05.2018
The Supreme Court on Thursday showed for the second time its disinclination to intervene in the Binani Cement takeover case. Although it disposed of the plea by Dalmia
Banks bat for ‘Swiss Challenge’ method in IBC resolution cases ; Business Line–11.05.2018
In an effort to curb the crab mentality among litigious bidders to acquire stressed assets under the Insolvency and Bankruptcy Code (IBC), banks, in a
Even kin of independent directors should not have financial links with firms, promoters: Govt – Business Line–11.05.2018
In a bid to step up corporate governance practices, the government has tightened norms for independent directors so as to ensure that even their relatives
GSTR1, e-way bills data to be matched to curb tax evasion – Business Line–11.05.2018
To curb tax evasion, authorities will start matching details given in the Goods and Services Tax Return (GSTR) Form Number 1 with those given in
Essar Steel insolvency case: Numetal moves NCLAT against CoC | The Indian Express–11.05.2018
Apart from Numetal’s two petitions, ArcelorMittal too had moved NCLAT earlier challenging the decision of the RP and CoC that cancelled its first bid. Numetal
Online retail flip: on the Walmart-Flipkart deal – The Hindu–11.05.2018
India’s e-commerce market, which accounts for less than a tenth of its overall retail opportunity, has just got a significant thumbs-up from American supermarket giant
| वॉलमार्टचा प्रवेश – महाराष्ट्र टाइम्स –11.05.2018
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