By, Barendra Kumar Bhoi India’s banking system is passing through a critical time due to the overhang of large non-performing assets (NPA). Efforts are being
Month: November 2018
Essar Steel insolvency case lands in legal ambiguity; NCLT to hear Essar Steel insolvency case | Business Standard News
Hurdles in the Essar Steel (ESIL) insolvency case before the National Company Law Tribunal’s (NCLT’s) bench at Ahmedabad continue to pile up. A hearing is
Money matters | Business Standard Column
Over the last two months, I have been forced to think about monetary policy, first at a meeting of the Mont Pelerin Society (MPS, the
Fall in oil prices may cause new worries | Business Standard Column
The last three weeks have seen the collapse of oil. Prices have fallen to 2018 lows and more falls may be on the cards. This
Hopes arise on trade thawing | Business Standard Column
India and Pakistan have agreed to construct a new border entry point and road, for Sikh pilgrims to visit Gurdwara Darbar Sahib there, at Kartarpur. The decision coincides with the 550th anniversary
RBI vs MoF: Pot, kettle & citizens | Business Standard Column
In late October-early November, the Ministry of Finance (MoF) got into a very public spat with the Reserve Bank of India (RBI). Most of us got sucked
RBI: Autonomy and accountability | Business Standard Column
The government has opened up the issue of the relationship between the finance ministry and the RBI. The public criticism by each protagonist about the
Bank defaulters: It is time to shed reservations about naming and shaming | Business Standard Column
The war against bank defaulters in the world’s sixth largest economy has intensified with the Indian government authorising the CEOs of public sector banks to
A nation without well-functioning institutions is bound to fail | Business Standard Column
I deem it to be my privilege to address this august audience being concerned with peace, harmony and happiness of the humankind. I appreciate the
Crude oil prices have overshot to the downside: Paul Hickin of Platts | Business Standard News
Brent crude may have crashed through the $60/barrel mark Friday as the market’s bearish mood continued to gather momentum but one has to remember that
From arbitration agreement to cheque bounce case, here are key court orders | Business Standard Column
Evidence of arbitration agreement “An arbitral clause need not necessarily be found in a contract or an arbitral agreement. It can be included in the
GST anti-profiteering provisions: Not so profitable anymore | Business Standard Column
The concept of goods and services tax (GST) has been modelled along the lines of the value added tax (VAT) system adopted globally. Taking a
Govt moves to empower RoC, but will it lead to demand for more manpower? | Business Standard Column
Business Standard reached out to different stakeholders for a ground view of what they make of the ordinance The government’s recent move to strike a
From insolvency process to temporary staff, here are the key court orders | Business Standard Column
Limitation law in insolvency process The Limitation Act covers applications filed for initiating corporate insolvency resolution process (CIRP) under the Insolvency and Bankruptcy Code from its inception in 2016, the Supreme Court has
From arbitration contract to e-market, here are the key court orders | Business Standard Column
Clash of currencies in arbitral award When an arbitral tribunal passes its award specifying interest rates in different currencies, it should coordinate the choice of
Some of the conceptual issues in GST | Business Standard Column
In an earlier article about a year back, I had written about some misconceptions regarding VAT & GST. Now I am writing more on the subject. (a) The White
From Sarfaesi Act to arbitration clause, here are the key court orders | Business Standard Column
SC clarifies debtor’s right under Sarfaesi The Supreme Court last week ruled that a debtor can approach the debts recovery tribunal (DRT) under the Securitisation Act (Sarfaesi)
Ease of doing biz: Enforcing contracts, IBC cases remain hurdles for India | Business Standard Column
India improved its ranking on the World Bank’s Ease of Doing Business index for the second straight year, jumping 23 places to the 77th spot, but the
Why the govt and RBI are at odds over setting up a payments regulator | Business Standard News
On October 19, the Reserve Bank of India released an unusual press release. The press release was a dissent note on a draft report submitted by an inter-ministerial
Cross-border insolvency rules: How they impact creditors, investors | Business Standard Column
Recently, the Insolvency Law Committee, constituted by the Ministry of Corporate Affairs, published its second report, which recommends adoption of the UNCITRAL Model Law on