In yet another good news for home-buyers, the Supreme Court ruled last week that all housing projects, including those which are not registered under the
Day: October 21, 2018
High Court suspends insolvency proceedings against Madhucon – POLITICS – The Hindu BusinessLine-R
The Hyderabad High Court suspended the corporate insolvency resolution process against Madhucon Projects Ltd, a construction-cum-infrastructure company. TheCourt suspended the order passed by the National
MSMEs, entrepreneurs engines of growth; have key role to play, says chairman of Club of Rome-India – The Financial Express
By: Shubhra Tandon | New Delhi | Published: October 12, 2018 2:54 AM 2 Shares S Ramadorai who is chairman of Club of Rome-India The scare of
Why Indian mutual funds took a big bet on IL&FS’s (good) bad debt – ET Prime
The sorry shape of IL&FS has one set of people particularly worried. The CEOs of mutual funds, who are collectively holding INR3,000 crore worth of
High-level panel likely to suggest UN model for cross-border insolvency cases – The Economic Times-?????
The model would be on the basis of Centre of Main Interests (COMI), which would be defined. In accordance with COMI, the place of main
Finance Ministry extends deadline for filing September GST returns to October 25 – The Economic Times
The Finance Ministry Sunday extended the deadline for filing summary sales return GSTR-3B for the month of September by five days to October 25. With this extension,
IL&FS crisis may sound death knell for PPP – The Economic Times
Delays, the poor health of sponsors, stressed assets and the reluctance of banks to provide funding has derailed many plans, with several projects headed to
How difficult is it to get a loan for your business? – The Economic Times
By Rishi Mehra Business loans often serve as a backbone for an enterprise and this is particularly true for a small business. There is no one
Let directors stay independent of govt–Economic Times
The government reportedly wants to evaluate independent directors on boards of companies and ask the National Company Law Tribunal (NCLT) to remove those who have
To boost exports, expedite GST refunds–Economic Times
Although the marginal dip in September exports, over the year-ago figure, is statistical, there is every reason to remove one major hurdle to export growth:
Bring in BRICS & IBSA on oil prices–Economic Times
PM Narendra Modi did well to call major oil suppliers to New Delhi, to impress upon them the problem ever-rising oil prices foist on India,
Government move on IL&FS needs time–Economic Times
The National Company Law Appellate Tribunal (NCLAT) has reportedly granted a stay on the National Company Law Tribunal’s (NCLT) order that rejected a moratorium on
Is IBC slowing Rave Scans resolutions? – The Economic Times-R
The very first case admitted by National Company Law Tribunal’s Delhi principal bench under Insolvency and Bankruptcy Code was against printing services firm Rave Scan, and two years hence
IBC: New delisting norms for IBC companies could trip punters’ bets – The Economic Times-R
By- Pavan Burugula Mumbai:Investors who have punted on the Insolvency and Bankruptcy Code (IBC) bound stocks hoping to cash in on business turnaround could be
IL&FS: NCLT rejects government’s plea of 3-month moratorium for IL&FS
In a likely blow to the government and the newly constituted board of Infrastructure Leasing & Financial Services (IL&FS), the Mumbai NCLT Bench rejected the
View: Off balance sheet solution can resolve NBFCs’ crisis of confidence – The Economic Times
By R Sridhar The ‘non’ in the non-banking finance companies (NBFCs) carries an unfortunate negative connotation. While in reality, NBFCs are basically complementing the banks
Probe agencies want banks to send alerts on defaulters in advance – The Economic Times
After a string of big business bosses like Vijay Mallya, Nirav Modi, Mehul Choksi and the Sandesara brothers indicted of financial crimes slipped out of the country, law enforcing
NBFC crisis is because we haven’t learned from 2008 mistakes: UBI MD Ashok Pradhan – The Economic Times
United Bank of India’s managing director Ashok Kumar Pradhan’s appointment marks a deviation from the usual practice of bringing an outsider to lead the bank.
Raised DRT threshold will speed up NPA recovery: DFS Secy | The Economic Times Video
The decision to double the limit to Rs 20 lakh for filing applications in debt recovery tribunals will help them focus on high value matters
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