The minister also said that certain exceptions in the code have been made to help speedier resolution of stressed assets in the MSME sector. The
The bill seeks to create monopoly as 2 or 3 steel companies would gobble up the industry and then there would be cartelisation, Ray said.
We have revamped collection mechanism to prevent further slippages of loans under stress Karnataka BankNSE -1.70 % will turn 100 in six years. The Mangaluru-headquartered private
Lenders of Bhushan Power & Steel have received only one revised bid –– from JSW SteelNSE 0.78 % –– for the bankrupt company as the other two
The amendment to the section 13 of the bill will protect the interest of the bankers in taking decisions in the course of conducting the
Government agencies don’t have rights on the encumbered property of a company facing liquidation under the Insolvency and Bankruptcy Code, the Hyderabad High Court has