By Andy Mukherjee Errant debtors are forever looking for ways to undermine creditor protection; but when lenders themselves start making a mockery of a fledgling insolvency law,
Day: January 22, 2019
CBDT directs taxman to withdraw select appeals by month-end – The Economic Times
The CBDT has directed the taxman to withdraw all appeal cases, pertaining to certain monetary limits and parameters, from various courts by this month-end as part of
Union Budget 2019 for small businesses: MSMEs going to be govt’s pet project; what have they got so far – The Financial Express
Union Budget 2019: Narendra Modi government has been trying to push out perks for the MSME sector (Micro,Small and Medium Enterprises) as it seeks to spur economic
NCLAT dismisses Jignesh Shah plea against insolvency of his investment firm La-Fin Financial Services – The Financial Express
Challenging the NCLT order before the appellate tribunal, Shah had contended that there was no financial debt and there was no relationship of debtor and
MSME and Mudra NPAs are rising, but a slew of fintechs promise safe lending by using data – The Financial Express
Fintechs are developing new loan processing models for SMEs based on GST filings or cash flow data of the type you can get from Amazon-Flipkart-UPI.
From plate to plough: Over Rs 45 lakh crore plundered from farmers – The Financial Express
The Modi government is entering its proverbial phase of the ‘last ten overs’ before the Election code of conduct kicks in. All plugs are being
Brexit is a lesson in democracy – The Financial Express
The new year has been tumultuous for the UK. The Brexit decision is imminent as the deadline of March 29 is approaching. The political system
Bankruptcy: What’s delaying bankruptcy cases, govt to ask RPs, lenders – The Economic Times
The meeting will deliberate on the possible solutions to bring these cases to a conclusion. Four days after India’s biggest lender rushed to sell its
Government stepping in to help expedite the resolution of top defaulters – The Economic Times
Essar Steel, one of the largest bankruptcy cases, failed to repay about Rs 49,000 crore to its lenders. Four days after India’s biggest lender rushed
Review angel tax | Business Standard Editorials
The new notification easing norms for exemption from the so-called angel tax under Section 56 (2) (viiib) of the Income-Tax Act with retrospective effect from April 2016 will afford
China’s 2018 growth slows to 28-year low, more stimulus seen – The Hindu BusinessLine
China’s economy cooled in the fourth quarter under pressure from faltering domestic demand and bruising US tariffs, dragging 2018 growth to the lowest in nearly
Buyback blues – The Hindu BusinessLine
The Securities and Exchange Board of India’s move to reject Larsen and Toubro’s proposal to buy back part of its shares sends the signal that
Modi govt considers cheap loans, other help for small businesses: Sources – Times of India
The Centre is considering offering cheap loans and free accidental insurance coverage to millions of small businesses, two government sources with direct knowledge of the matter
Taxed through trade policies, farmers need stable income policy | The Indian Express
The Narendra Modi government is entering its proverbial “last 10 overs”. All the stops are being pulled to win over targeted segments of society that could potentially
No need to hear third party during insolvency admission: NCLAT tells NCLT | Business Standard News
The National Company Law Appellate Tribunal (NCLAT) has said that the National Company Law Tribunal (NCLT) should not hear any third party other than the
A tottering IBC – The Hindu BusinessLine
Errant debtors are forever looking for ways to undermine creditor protection; but when lenders themselves start making a mockery of a fledgling insolvency law, nobody
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