Pre-packaged insolvency resolution: Govt seeks stakeholder comments The ministry of corporate affairs (MCA) on Tuesday invited comments from stakeholders on “pre-packaged” insolvency resolution and insolvency
Day: April 17, 2019
Banks must flag bad loans as NPAs after 90-day default: RBI to NCLAT | Business Standard News
The Reserve Bank of India (RBI) on Tuesday told the National Company Law Appellate Tribunal (NCLAT) that banks had an obligation to mark bad loans as non-performing asset (NPA) after the
IBBI to conduct roadshow in Hong Kong to highlight opportunities in stressed assets – The Hindu BusinessLine
More participation from investors in stressed assets will make the resolution process more competitive – Sadeugra Continuing with its efforts to build awareness on investment
Gitanjali Gems headed for liquidation – The Hindu BusinessLine
The committee of creditors to Gitanjali Gems, promoted by fugutive Mehul Choksi, has decided to liquidate the company to recover ₹ 12,558 crore it owes
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