हा कायदा १ डिसेंबर २०१६ पासून अमलात आला आहे. ह्या कायद्याप्रमाणे काही अमुलाग्र बदल घडून आले आहेत. यापूर्वी बँकांचे पैसे वसूल होण्यात अनंत अडचणी येत
Day: January 28, 2019
Insolvency and Bankruptcy Code: Three years later, India’s bankruptcy reform languishes in courts – The Economic Times
The Insolvency and Bankruptcy Code, introduced in May 2016, allows even small creditors to file insolvency petitions against a company that had defaulted on debt.
GST–Tax officials may examine high usage of ITC to set off GST liability – The Economic Times
Concerned over a decline in GST revenues, tax officials are likely to examine the high usage of input tax credit (ITCNSE 0.11 %) to set off tax liability
Welcome apex court ruling on bankruptcy–Economic Times
The Supreme Court verdict upholding the Insolvency and Bankruptcy Code (IBC) in its present form is welcome. While it is not unnatural for new legislation
SC boost to IBC process will mean faster resolution; Apex court may not exempt power firms from Sec 12 – The Financial Express
Given the differences in opinions between NCLT benches, the law has also clarified that late bids will not be entertained. With the Supreme Court upholding
Tribunalisation of GST justice necessitates tweaks | Business Standard Column
The Union Cabinet last week approved of a proposal to set up a national Bench of the Goods & Services Tax Appellate Tribunal (GSTAT) in the capital,
Reality test needed for RBI credit rules | Business Standard Column
The Reserve Bank of India (RBI) gives exporters nine months from the date of export for realisation of the proceeds. The exception is 15 months for goods exported to a
From trademark row to SC speeds up arbitration, here are key court orders | Business Standard Column
Supreme Court speeds up arbitration The Supreme Court last week exercised its extraordinary constitutional power to appoint a sole arbitrator as the proceedings had a long chequered history.
Why the drag in Essar Steel insolvency case makes lenders jittery | Business Standard News
With State Bank of India (SBI) putting its entire loan exposure in Essar Steel — the company involved in one of the largest insolvency cases
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