The resolution plan so reached can then be placed before the NCLT for approval, so that it can be implemented. The government is exploring the
Day: December 4, 2018
NPA crisis: Relaxing Prompt Corrective Action would mean a bigger bailout – The Financial Express
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
IBC may need tweaks in provisions to iron out operational issues: Experts | Business Standard Column
A slew of petitions from a clutch of aggrieved operational creditors is currently before the Supreme Court. Arguments for and against the RBI circular that pushed several power companies
IBC outcome encouraging and disposal quite quick: IBBI chief – NEWS – The Hindu BusinessLine
“The speed of resolution process has to improve so as to make the Insolvency and Bankruptcy Code (IBC) more responsive to the large number of
Cochin industry body organises seminar on Insolvency and Bankruptcy – The Hindu BusinessLine
The Cochin Chamber of Commerce and Industry has organised a seminar on Insolvency and Bankruptcy to spread awareness on the implication of IBC for making
Insolvency And Bureaucratic Code-Minhaz Merchant – BW Businessworld
The Insolvency and Bankruptcy Code (IBC) is one of the most farsighted economic reforms legislated by the Narendra Modi government. It promises to mitigate the principal weakness
Insolvency Resolution Professional New Age Liquidators Or A Bit More -Monish Panda – BW Businessworld
The Insolvency Resolution Professional (“IRP”) is an integral part of the Insolvency and Bankruptcy Code, 2016 (“IBC”); a laudable and long overdue Legislation. Even though
Essar Steel: NCLT defers operational creditors’ plea to Dec 10
The National Company Law Tribunal (NCLT) here Wednesday deferred hearing to December 10 on petitions filed by close to 30 operational creditors of Essar Steel
IBC forces companies to settle Rs 1.2 lakh crore debt out of court
The threat of promoters losing control of their company or a protracted legal proceedings under the new Insolvency and Bankruptcy Code (IBC) is forcing many
‘IBC segregates judicial, commercial aspects of insolvency’
It is going to be 17 months since Reserve Bank of India (RBI) had first asked the banks to take the 12 big loan defaulters
‘IBC segregates judicial, commercial aspects of insolvency’
The Insolvency and Bankruptcy Code has segregated judicial and commercial aspects of the insolvency process whereby stakeholders have the right to decide on what suits them, IBBI
DeMo: govt can’t hide truth anymore | Deccan Herald
When the government withdraws a report it had submitted to a parliamentary panel and replaces it with another report that directly contradicts the first one,
GDP back series row: ET Exclusive: MoSPI, NITI Aayog’s collaboration for GDP back series not inappropriate, says Rajiv Kumar – The Economic Times
By Rajiv Kumar The base year of national accounts statistics (NAS) is periodically revised to account for the structural changes that have taken place in the economy
Black Money: Demonetisation was ineffective in checking black money: Former CEC OP Rawat
After former Chief Economic Advisor Arvind Subramanian’s comments on demonetisation, now recently-retired Chief Election Commissioner Om Prakash Rawat has said that note ban was ineffective in checking
IK&FS crisis: NCLT asks former directors of IL&FS to disclose assets – The Economic Times
The National Companies Law Tribunal today passed an interim order asking nine directors of debt ridden Infrastructure Leasing & Financial Services (IL&FS) including Ravi Parthasarathy and Hari Sankaran, Arun
GST: Modi government to change customs duty architecture to boost trade, ease of doing business
After rolling out the most comprehensive indirect tax reform – the goods and services tax – the Narendra Modi-led NDA government is set to unleash the next
Government clears Rs 91,149 crore GST refunds to exporters so far; Rs 6,053 crore still pending – The Economic Times
The finance ministry Monday said Rs 91,149 crore has been issued so far to exporters as GST refunds, which are 93.77 per cent of total claims with the tax
CAD may widen to 3% in September quarter on higher crude prices, gold imports: ICRA – The Economic Times
India’s current account deficit is likely to rise to 3 per cent of GDP in the July-September quarter of current fiscal, from 2.4 per cent
MSE: Three years on, bank credit to MSEs continue to shrink
The share of bank credit to micro and small enterprises (MSEs) has been shrinking since three years — from 5.9% in October 2015 to 4.5%
Beyond a rate cut | Business Standard Editorials
As the six-member Monetary Policy Committee (MPC) of the Reserve Bank of India (RBI) began its three-day review of the monetary policy on Monday, it must be grappling with a dramatically
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