The Supreme Court on Tuesday ruled that banks can sell off assets of personal guarantors even when corporate resolution proceedings are on against the corporate
Day: August 15, 2018
GST audit tangle – OPINION – The Hindu BusinessLine
Remove Clause 44 in the Tax Audit report While the GST laws on rates of tax and filing of returns keep changing every alternate day,
Bankruptcy: Bhushan Power & Steel IRP alleges leak of CoC meeting deliberations – The Economic Times
Tata Steel, Liberty House and JSW have submitted bids for the second time to acquire debt-laden Bhushan Power and Steel Ltd, sources in the know
Defend the rupee, raise policy rates–Economic Times
The Reserve Bank of India (RBI) must stand ready to announce a significant, pre-emptive hike in policy rates, of, say, 0.5 percentage (50 basis) points.
Giant step towards digitisation of courts! SC launches 3 apps – Check what all now litigants can do through smartphones – The Financial Express
The Supreme Court today took a giant step towards digitisation of courts across the country by launching three applications to facilitate e-filing of cases, making
Fall in rupee: What government has say – The Financial Express
Attributing the fall in rupee value against the US dollar to “external factors”, Economic Affairs Secretary Subhash Chandra Garg said today that there is nothing
Bad news for economy: Exports shrink; trade deficit widens – The Financial Express
In a bad news for economy, the trade deficit expanded to $18.02 billion in July as against $16.60 billion last month as oil imports surged
Time for reform | Business Standard Editorials
In the past few years, the central executive and the higher judiciary have repeatedly exchanged barbs over the manner in which senior judges should be appointed. In
GST administration: Remaining issues | Business Standard Column
Last month, I listed and elaborated on the guidance the Chairman, Central Board of Indirect Taxes and Customs (CBIC), issued weekly during GST’s first year,
A new all-time low: Rupee at 70 a dollar now, but let us be reasonable | Business Standard News
The rupee has already plunged under 70 to a dollar. How much more? The question is very relevant, now that the rupee has breached that
IBC | Home buyers: Are home buyers secured financial creditors or unsecured creditors under IBC?
By Aditya Khadria and Sivaprakasam Babu On June 6, the Insolvency and Bankruptcy Code, 2016 (IBC) was amended through the Insolvency and Bankruptcy Code (Amendment) Ordinance, 2018
Rupee rumbles – The Hindu BusinessLine
The rupee’s move towards the 70 mark against the dollar in the recent bout of weakness triggered by contagion-risk in emerging market currencies helps highlight
How Corporation Bank’s ‘halla bol’ on NPAs began yielding results – The Hindu BusinessLine
The Hindi phrase ‘halla bol’ is usually associated with aggression. However, Mangaluru-based Corporation Bank is using it in a peaceful way to raise its voice