The Parliamentary Joint Committee will examine the controversial ‘bail in’ clause of the Financial Resolution and Deposit Insurance (FRDI) Bill, 2017 in the light of concerns being raised over
Day: May 14, 2018
NCLT : Tecpro promoters siphoned off funds, resolution professional tells NCLT – The Economic Times–14.05.2018
The debt resolution of Tecpro Systems that owes about Rs 7,000 crore to banks could run into trouble, with the official appointed by the bankruptcy court to handle the
Power sector NPAs are not a banking problem–Economic Times–14.05.2018
Around 22% of India’s installed power-generation capacity burdens Indian banks as non-performing assets (NPA). There is little scope of restructuring them through the Insolvency and
Removing NCLT delays – The Financial Express–14.05.2018
Tata Steel’s Move to appeal the decision of the Delhi bench of the National Company Law Tribunal (NCLT) to ask the Committee of Creditors (CoC)
NCLT has a crucial role to play, but does it have enough capacity for it? | Business Standard Column–14.05.2018
The adjudicating authority for insolvency resolution under the Insolvency and Bankruptcy Code is the National Company Law Tribunal or NCLT. Since the Code’s enactment in 2016, not a day passes without a piece
From lottery winner to stored food items, here are the key court orders | Business Standard Column–14.05.2018
Arbitration award set aside The Supreme Court has quashed the judgment of the Delhi High Court and set aside the arbitration award in the appeal case, Union of India vs
GST: Here is an analysis of what judicial orders mean for businesses | Business Standard Column–14.05.2018
Since the roll-out of the GST regime in July last year, for businesses the transition to the new indirect tax regime has been a roller coaster ride.
Public sector banks may seek early recapitalisation on new NPA rule – Business Line–14.05.2018
The Reserve Bank of India’s revised framework for resolution of stressed assets may lead to public sector banks calling for an earlier recapitalisation by the
Walmart—Nothing to fear – Business Line–14.05.2018
The scare-mongers have been proved wrong: the growth of big offline retailers and e-commerce giants over the last decade or so has not driven mom-and-pop