Statisticians said the use of untested database for computing such major data has cast doubts on the very reliability of India’s numbers regime. The contentious
Day: May 8, 2019
Credit rating agency: Zee, IL&FS, DHFL, RCom…: How rating agencies have let us down repeatedly – The Economic Times
Rating agencies are also sometimes cautious in downgrading instruments simply because it becomes ‘self-fulfilling’. Recent events raise questions about the effectiveness of credit rating agencies (CRA) in
Independent directors face mandatory e-registration – The Economic Times
All independent directors may have to register as part of a new initiative by the ministry of corporate affairs (MCA), which also plans to introduce
ITR filing documents: Documents required for filing ITR–Economic Times
If you have earned some capital gains from the sale of property and/ or mutual funds/ equity shares, then you will be required to report
IL&FS case: Auditors have many questions to answer, says Corporate Affairs Secretary – The Economic Times
As the probe continues into the IL&FS case, a senior government official has said the group’s auditors have “many questions to answer” prima facie as
EVM tech prone to manipulation: Sam Pitroda – The Economic Times
The Electronic Voting Machine (EVMs) technology is prone to manipulation and the EVM technology used in India is obsolete, said technocrat Sam Pitroda, while calling upon the Election
As the CJI Gogoi case confirms, judges are now a law unto themselves – The Financial Express
The complainant walked out of the Supreme Court inquiry while saying she was not getting a fair shot. Even when it was first announced, an
Pre-packaged insolvency: Process should help achieve the overarching objectives of the IBC – The Financial Express
By Paul Williams A ‘pre-pack sale’ can be defined as “an arrangement under which the sale of all or part of a company’s business or
Battle for Essar Steel: Ruias move NCLAT against ArcelorMittal bid – The Financial Express
Surya Sarathi RayEven as the National Company Law Appellate Tribunal (NCLAT) hears the matter relating to the distribution of upfront payment plan of Rs 42,000
Patanjali’s Ruchi Soya plan hits a speed breaker; DBS to move NCLT – The Financial Express
By Mitali Salian DBS Bank-Singapore told the Mumbai National Company Law Tribunal (NCLT) on Tuesday it would move the tribunal against Patanjali Ayurved’s proposed Rs
ArcelorMittal misled Supreme Court, say Ruias; seek disqualification in Essar Steel bankruptcy case – The Financial Express
In its petition, ESAHL said Arcelor Mittal India Ltd and its promoter Lakshmi Mittal had ?misled? the Supreme Court, lenders and insolvency court into believing
Jaypee Infratech: NBCC won’t alter broad contours of resolution plan – The Financial Express
Jaypee Infratech: NBCC won?t alter broad contours of resolution plan State-run NBCC will not alter the broad contours of its resolution plan for Jaypee Infratech
RCom: IRPs of RCom, two units told to submit progress report – The Economic Times
The bankruptcy court has directed interim resolution professionals (IRPs) of Reliance CommunicationsNSE 4.76 % (RCom) and its two units to submit a progress report on the Corporate
Reserve Bank of India: RBI weighs incentives for banks to move IBC–Economic Times
The Reserve Bank of India (RBI) is understood to be weighing a plan to ‘incentivise’ lenders to take errant borrowers to bankruptcy court. It’s part of the
A misleading bar | Business Standard Editorials
The Bar Council of Delhi’s directive to the Big Four accountancy firms not to offer legal services to their clients in India is a retrograde move that is transparently
Audit rot | Business Standard Editorials
The Union secretary for corporate affairs has warned that the firms auditing group companies of troubled Infrastructure Leasing & Financial Services (IL&FS) have “many questions
Macro headwinds | Business Standard Editorials
There are multiple indicators that India’s prolonged sojourn in a macro-economic sweet spot is coming to an end. Driven by favourable global conditions and commodity
Centre allocates more from IGST to itself; states may view this as unfair | Business Standard Column
Collections under the goods and services tax (GST) in April 2019 have inspired many commentators to believe that the revenue shortfalls, seen under this head in all
The curious case of twin bad loan resolution | Business Standard Column
In the next 24 hours, the National Company Law Tribunal (NCLT), the arbitration authority for cases filed under India’s insolvency law, is expected to settle
From Basmati rice cultivation to mining licences, here’re key court orders | Business Standard Column
Insurer can’t change surveyor at its whim An insurance company cannot appoint one surveyor after another till it gets a report favourable to it, the
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