The central bank is expected to retain the main contours of its February 12, 2018, circular. The RBI is likely to adopt a more accommodative approach towards
Day: April 24, 2019
HC rules taxman can seek interest on entire GST liability – The Economic Times
Once payment is made from such electronic credit ledger, the government gets a right over the money available in the ledger. The Telangana high court
Essar Steel CoC cannot discriminate between operational creditors, observes NCLAT – The Economic Times
The National Company Law Appellate Tribunal (NCLAT) on Tuesday observed that the Committee of Creditors of Essar SteelNSE 0.00 % cannot discriminate between operational creditors of the
Banking in india: View: The next government needs to ax the banks–Economic Times
by Neelkanth Mishra India, the world’s fastest growing large economy, is slowing: There has been a visible deceleration in activity in the past six months.
No input tax credit if GST returns not filed, says Telangana HC – The Economic Times
The Telangana High Court has ruled that no input tax credit (ITC) is available unless GST returns are filed and a taxpayer is liable to pay penalty
SME: Financial practices every SME owner should adopt at the beginning of the new fiscal year
By Siddharth Mahanot Whether it’s a listed company or a startup, running a business on your own, while bringing its own set of excitement, can
IBBI, not NCLT, is the competent body to act against resolution professionals: NCLAT – The Economic Times
The Insolvency and Bankruptcy Board of India (IBBI) will be the competent authority and not the National Company Law Tribunal (NCLT) to act against any
Jaypee Infratech homebuyers offered Rs 97 crore compensation – The Financial Express
After his meeting with Jaypee Infratech (JIL) homebuyers last week, Manoj Gaur, JIL’s erstwhile promoter, has sweetened his February 2019 resolution plan for the debt-laden
Loans to MSMEs grew 21% y-o-y in Q3FY19: Study – The Financial Express
Most of the growth in Q3FY19 came from private banks and NBFCs, with their market shares in MSME loans rising 400 bps and 300 bps
ITC moves NCLT against Hotel Leelaventure, alleges oppression of minority shareholders – The Financial Express
In April, the NCLT granted the parties time till May 28 to arrive at a settlement. ITC has moved the National Company Law Tribunal (NCLT)
ITC moves NCLT against Hotel Leelaventure, alleges oppression of minority shareholders – The Financial Express
In April, the NCLT granted the parties time till May 28 to arrive at a settlement. ITC has moved the National Company Law Tribunal (NCLT)
Bhushan Power resolution: NCLT reserves order on JSW Steel plan – The Financial Express
BPSL was admitted by the New Delhi bench of the NCLT on July 26, 2017, for the initiation of the corporate insolvency resolution process (CIRP),
30-day grace period will hurt repayment discipline – The Financial Express
The current guidelines require banks to recognise stress immediately and act quickly. Given how more than half the companies that have been processed under the
Goodies for small traders | Business Standard Editorials
Speaking at a traders’ convention in New Delhi, Prime Minister Narendra Modi made a series of promises to traders about changes in government policy if he was re-elected
Letter to BS: Mediation may help iron out glitches in insolvency process | Business Standard Letters
This refers to the “Amendments in IBC to provide for mediation” (April 22). The government’s move to amend the Insolvency and Bankruptcy Code (IBC) by making provisions
A rise in demand for insolvency courses – The Hindu BusinessLine
The rise in instances of companies undergoing restructuring and resolution under the Insolvency and Bankruptcy Code seems to be driving the demand for insolvency professionals
