A major one in the Budget is the announcement of pension for traders with turnover less than Rs 1.5 crore with a potential to impact
Day: July 9, 2019
Budget 2019 shows right intent, now appropriate execution must follow – The Financial Express
By SajJid Z Chinoy Budget 2019 India: The first Budget of the government’s second term was always going to be a delicate balancing act. The
Budget 2019 fulfills many wishes of banking and finance sector, says ex-SBI chairman Arundhati Bhattacharya – The Financial Express
By Arundhati Bhattacharya Budget 2019 India: A lot was expected of this budget, and the question being hotly debated is how far it came up to expectations.
Adhunik Metaliks: NCLT cancels Liberty plan, orders liquidation – The Financial Express
The Cuttack bench of the National Company Law Tribunal (NCLT) on Monday ordered liquidation of the bankrupt Adhunik Metaliks (AML) after cancelling the resolution plan
NCLT sends Siva Industries to insolvency process for Rs 130-crore default – The Financial Express
The Chennai bench of the National Company Law Tribunal (NCLT) has ordered the corporate insolvency resolution process (CIRP) against Siva Industries and Holdings, a Siva
NPA mess: Urjit Patel slams RBI, government over pre-2014 role – The Financial Express
Former Reserve Bank of India (RBI) governor Urjit Patel, who remained tight-lipped during his tenure, has come down heavily on the government and regulators. In
NCLAT directs NCLT to decide on IBC plea against JP Associates in 6 weeks – The Economic Times
In its plea before the appellate tribunal, the bank had submitted that there has been no progress in its petition filed before the NCLT Allahabad
NCLAT reserves order on contempt plea against Anil Ambani – The Economic Times
The National Company Law Appellate Tribunal (NCLAT) on Wednesday reserved its order over admission of contempt petition filed against Reliance Group Chairman Anil Ambani and its other officials by
NCLAT clears ways for takeover of Essar Steel by ArcelorMittal – The Economic Times
The appellate bankruptcy court on Thursday approved ArcelorMittal’s Rs 42,000-crore offer for Essar SteelNSE 0.00 %, rejecting its former promoters’ claim that the Luxembourg-based steelmaker was
Economic Survey | Budget 2019: Resolution of twin balance sheet problem, bankruptcy law led to investment turnaround, says Economic Survey
Measures taken to reduce the twin balance sheet problem and the insolvency and bankruptcy code have led to an improvement in the investment climate within the economy,
Taxing the super-rich | Business Standard Editorials
Finance Minister Nirmala Sitharaman struck the right chord in the very beginning of her Budget speech when she stated that the government does not look
The good, the not-so-good and the tricky | Business Standard Column
Writing on Union Budget two days after it was presented is a predicament akin to that of Larry Fortensky, the US construction worker — seventh and last
A political Budget | Business Standard Column
Finance Minister Nirmala Sitharaman last Friday made rural India the centrepiece of her first Budget’s political narrative. “At the centre of everything we do, we keep ‘gaon,
Insolvency procedure benefits creditors, but concerns remain, say lenders | Business Standard News
Even as the implementation of the Insolvency & Bankruptcy Code has changed not only the economic scenario but also the outlook of both creditors and the debtors, there are
Promoters can take part in liquidation process if lenders okay IBC exit | Business Standard News
Promoters can take part in liquidation process once their companies are out of the purview of the Insolvency and Bankruptcy Code (IBC), a senior government