Corporate houses with deep pockets can bid for multiple distressed assets under the insolvency process without getting themselves disqualified under Section 29A of the Insolvency
Day: July 24, 2018
e-Way bill to pack in details of vehicle fitness, PUC, insurance – Business Line
The e-Way bill, which currently gives only details of the value of goods being transported, may be packed with more data — for instance, on
Banks, FIs come together for faster resolution of stressed accounts – Business Line
In a bid to expeditiously tackle stressed assets aggregating ₹3.10 lakh crore in the ₹50-500-crore category, 24 banks on Monday signed an Inter-Creditor Agreement (ICA)
GST takes sheen off under-construction properties – Business Line
Goods and Service Tax (GST) has pulled down sales of under-construction properties by 30 per cent since the new tax regime was implemented last July.
Fine-tuning GST – Business Line
The GST Council’s decision to reduce rates on 15 items from 28 per cent to 18 per cent makes economic sense, and therefore should not
Turnover, not investment, will define MSMEs – Today’s Paper – Business Line
Micro, small and medium enterprises (MSMEs) will soon be defined based on their annual turnover if a new Bill introduced in the Lok Sabha on
Saying ‘Aye’ to lending to bottom-of-the-pyramid units – EMERGING ENTREPRENEURS – Business Line
Saying ‘Aye’ to lending to bottom-of-the-pyramid units T- Aye Finance also helps micro-enterprisesfind bigger markets for their products Sanjay Sharma and Vikram Jetley, both with
24 lenders sign an inter-creditor agreement for faster NPA resolutions | Business Standard News
Two dozen lenders including State Bank of India and Punjab National Bank on Monday signed an inter-creditor agreement (ICA) to speed up the resolution process of stressed assets in the range of Rs
Insolvency process: CoC open to new bids for Deccan Chronicle, says NCLT | Business Standard News
The Committee of Creditors of Deccan Chronicle Holdings Limited (DCHL) was open to examining fresh resolution applications, including a modified resolution plan submitted earlier this month by Srei group’s
Right move, wrong way | Business Standard Editorials
The Goods and Services Tax Council took a series of decisions on Saturday last week, which were all steps in the right direction. The most
Amazon, Flipkart among e-tailers under investigation for collection of extra GST after November 15 rate cuts – The Financial Express
The indirect tax department’s audit division is investigating scores of cases where major e-commerce operators like Amazon and Flipkart are suspected to have collected excess goods and services tax
Moving ahead: Insolvency amendment Bill introduced in Lok Sabha – The Financial Express
Finance minister Piyush Goyal on Monday introduced a Bill to amend the insolvency law that would recognise home buyers as financial creditors and allow genuine
Bhushan Steel case: NCLAT asks Tata Steel to provide resolution plan details – The Financial Express
Hearing a petition filed by Larsen & Toubro (L&T), the appellate tribunal asked Tata Steel to provide the details by Tuesday, when it is scheduled
Bhushan Power: Little liberty for lenders to select winning bidder – The Financial Express
Bhushan Power and Steel owed lenders close to Rs 47,000 crore as on March 31, 2017. Even though it is yet to take a call
Lenders sign inter-creditor pact to tackle bad loans – The Financial Express
Lenders sign inter-creditor pact to tackle bad loans As many as two dozen lenders signed the inter-creditor agreement (ICA) on Monday to tackle bad loans
New bond market framework: A big push for corporate borrowings – The Financial Express
The Securities and Exchange Board of India (SEBI) draft report on deepening the bond market is pragmatic, and when read along with the RBI regulations regarding large
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