Over Rs 7,000 crore or half of the pending GST refunds of exporters has been cleared in the first nine days of the ongoing special
Day: June 13, 2018
IBC’s Section 29A: Experts say Mumbai, NCLT’s order threatens code’s intent – The Financial Express–13.06.2018
A ruling by the Mumbai bench of the National Company Law Tribunal (NCLT) — that provisions of a November 2017 ordinance on the ineligibility of
Battle for Ruchi Soya: Adani tops with Rs 6,000-crore bid – The Financial Express–13.06.2018
Adani Wilmar, a joint venture between the Adani Group and Singapore’s Wilmar International, has beaten rival bidder Patanjali to place a higher bid of close
Bad bank = Bad idea: There’s dubious merit in a rehab clinic for toxic debt | Business Standard News–13.06.2018
Bad ideas keep returning to the corridors of power in New Delhi with the unfailing regularity of migratory birds. This year is no exception. According
Tata Steel likely to have an edge in battle for Bhushan Power | Business Standard News–13.06.2018
Tata Steel is likely to have an edge in the battle for Bhushan Power & Steel after the Committee of Creditors (CoC) sat through presentations on resolution plans from all bidders on
India’s NPAs and the global scenario – Business Line–13.06.2018
Though globally India’s position is unsatisfactory, time-bound resolution of NPAs under IBC should ease banks’ burden The non-performing asset (NPA) issue facing banks has dominated
NCLT to resolution professional: Relook new bids for Alok Ind – Business Line–13.06.2018
The National Company Law Tribunal has directed the resolution professional of Alok Industries to resubmit the plan submitted by JM Financial Asset Reconstruction and Reliance
Going on a hike | The Indian Express–13.06.2018
In its most recent meeting, the Monetary Policy Committee (MPC) of the RBI raised the policy interest rate for the first time since it was
Low recoveries of NPAs: RBI data – The Hindu–13.06.2018
Low recoveries of NPAs: RBI data Sobhana K. Nair Figures provided by RBI Governor Urjit Patel before parliamentary Standing Committee on Finance show write-offs mainly
No easy solutions: on tackling NPAs – The Hindu–13.06.2018
A ‘bad bank’ is not a magic bullet; tackling NPAs requires other structural reforms as well Union Minister Piyush Goyal, currently in charge of the
GST completing 1 year, will procedures ease? | Deccan Herald–13.06.2018
Time flies. Even before the country could grapple with the nitty-gritties of the Goods and Services Tax (GST), we will be celebrating the first anniversary
Videocon blames note ban–Deccan Chronicle–13.06.2018
Leading electronics maker Videocon cited unexpected and unforeseen events such as note ban, policy paralysis of the previous UPA government and a Supreme Court order
Status Report: A year after, NCLT resolves only 2 cases out of 12 referred – The Financial Express–13.06.2018
A year after Reserve Bank of India’s (RBI) decision to nudge banks in referring 12 large defaulters to the National Company Law Tribunal (NCLT), only
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