The National Company Law Appellate Tribunal has held that the lenders of defaulting companies can initiate corporate insolvency resolution process against corporate guarantors without invoking CIRP for
Month: January 2019
Thousands of taxpayers get notices for minor defaults – The Economic Times
Mridula stood shivering outside the magistrate court in Mumbai. It wasn’t the drop in temperature, but the thought that she could land in jail owing
Lenders can move insolvency plea against guarantor without initiating CIRP for defaulting companies: NCLAT – The Financial Express
The National Company Law Appellate Tribunal has held that the lenders of defaulting companies can initiate corporate insolvency resolution process against corporate guarantors without invoking
GST–Coming to sense with absurdities | Business Standard Column
Good sense has prevailed. The ‘pre-import’ condition for import of inputs without payment of Integrated Goods and Services Tax (IGST) under certain categories of advance authorisation has
The fog of fiscal finances | Business Standard Column
A fog has set in over New Delhi, and it is not just weather related. The fiscal outlook for the medium term seems unclear. It
How solvent is India’s new insolvency law? | Business Standard Column
In August 2016, the chief executive officer (CEO) of a large bank celebrated the arrival of the Insolvency and Bankruptcy Code (IBC), the new bankruptcy
NSEL scam: SFIO wants DCB Bank licence cancelled – The Hindu BusinessLine
The Serious Fraud Investigation Office (SFIO) has sought the cancellation of the banking licence of DCB Bank for its role in the National Spot Exchange
Rupee appreciation has hurt job creation – The Hindu BusinessLine
India’s demographic dividend is on the verge of becoming a curse as it is unable to create new jobs fast enough for its growing young
Seniority cast aside | The Indian Express
Justice Khanna stood at serial number 33 in the combined all-India seniority of high court judges, and Justice Maheshwari at serial number 21. The decision
I-T Dept to issue notice where cash transaction is above Rs 20,000 in property purchase – The Economic Times
As per the tax law formulated by the Central Board of Direct Taxes (CBDT), which is effective from June 1, 2015, any transaction in real
Four things to consider before you raise money from a bank – The Economic Times
By Rishi Mehra Looking to raise funds through a bank loan? You may want to consider some aspects before you approach a bank for funds. From why you need
US shutdown could stunt economic growth: New York Fed chief – The Economic Times
The shutdown of the US government — now in its record 28th day — is becoming a drag on economic growth, the president of the New
UDIN: UDIN: The tool to plug bank frauds through forged documents – The Economic Times
By Milan Mody, Bhavin Kapadia and Nidhi Parekh Originality and authenticity are the key elements when people rely and trust documents which have been certified by an
What the disastrous Brexit caper tells us | Business Standard Column
Ever since the surprise result of the referendum on June 23, 2016, Brexit has been like a train wreck in slow motion. Stretching the metaphor further, the
Diagnosing the job crisis | The Indian Express
What makes farm loan waivers attractive election rhetoric? Why did the new Madhya Pradesh government mention restrictions on inbound out-of-state migration? And will the 10
Shutdown dims consumer-driven economic growth outlook in U.S. – The Hindu
Fed officials, economists fear consumer boom may be on the cusp of a reversal After tax cuts, rising incomes and buoyant stock markets set off
Shape of the slowdown: on China’s economy – The Hindu
The Chinese growth juggernaut is slowing down. The world’s second-largest economy has reported that its exports for December fell by 4.4%, the sharpest fall in
The root cause of corruption – The Hindu
Transparency International, a global anti-corruption coalition, ranked India 81 out of 180 countries in its corruption index of 2017. The least corrupt nations were New
Crisis-hit IL&FS bond holders want a seat on board – The Economic Times
IL&FS’ woes are just worsening by the day. Frustrated with the opacity and snail-paced movement at the resolution of default at Infrastructure Leasing & Financial
SMEs: 5 digital trends that are going to change how SMEs work – The Economic Times
By Arun Bansal The life of a small and medium business owner is overloaded with varied responsibilities – be it sales, marketing, customer management, or
aniltikotekar4sme.com 