Bankruptcy law has been able to bring a behavioural change, feels MS Sahoo, chairman of the Insolvency and Bankruptcy Board of India. In an interview with ET’s
Day: April 15, 2019
Bank of Baroda to hire consultancy firm to evaluate board performance – The Economic Times
The concept of Board evaluation in India is at a nascent stage. Sebi has studied the practices of board evaluation prevalent among listed entities in
RBI: RBI’s revised debt resolution rules likely post-election – The Economic Times
Highlights The Supreme Court on April 2 struck down a February 12, 2018 circular of the RBI. RBI is likely to adopt a more accommodative
Income tax dept coming after demonetisation cases, sets June 30 deadline for field officers – The Financial Express
CBDT has also set the deadline for filing of references before NCLT with respect to ‘struck off’ companies by June 30. The Central Board of Direct
Nearly 50% of claims worth Rs 1.42 lakh crore in 88 insolvency cases recovered by financial, operational creditors – The Financial Express
Nearly half of their total admitted claims worth over Rs 1.42 lakh crore have been recovered by financial and operational creditors from as many as
Money laundering law prevails over Bankruptcy Act, insolvency code, says Delhi High Court – The Financial Express
The Delhi High Court has held that the money laundering law, PMLA, prevails over the Bankruptcy Act and insolvency code when it comes to attachment of properties
Let’s find a new way to deal with bad loans | Business Standard Column
The Reserve Bank of India (RBI) will issue a revised circular on stressed assets resolution in the wake of the nation’s apex court striking down the contentious
Excise duty to rules for blocking rogue websites, here’re key court orders | Business Standard News
Govt tenders stalled by litigation: SC The higher judiciary usually does not examine the terms of tenders, especially in writ petitions challenging them, as they
IMF predicts ‘delicate year’ for world economy, warns India about inflation | Business Standard News
Calling it a “delicate year” for the global economy, the International Monetary Fund (IMF), in its ‘World Economic Outlook’, has warned against three key risks — growing
Govt throws a spanner in CA Institute’s plans of deferring a key auditing standard by two years – The Hindu BusinessLine
Users of financial statements of listed companies may get more out of auditor reports for 2018-19 onwards. This is because the Corporate Affairs Ministry (MCA)
Lenders having vested interest in debtor shouldn’t be part of creditors’ panel: NCLT – The Hindu BusinessLine
In a judgement of far-reaching implication in the insolvency and resolution process, the National Company Law Tribunal’s (NCLT) Chennai Bench has held that a party
Health of a nation | The Indian Express
UHC has to be cashless at the point of care and health benefits under the programme have to be available for access anywhere in the