By Omkar Goswami At Panaji, last Friday on September 20, amid a Goods and Services Tax (GST) Council meet, finance minister Nirmala Sitharaman announced major cuts in corporate
Day: September 26, 2019
NCLT asks Jet lenders to release lifeline funds within 15 days – The Economic Times–
The National Company Law Tribunal (NCLT) Wednesday directed the financial creditors of the grounded Jet AirwaysNSE -2.17 % to release some interim lifeline funds within 15 days.
Regulate cooperative banks like other banks–Economic Times
The Reserve Bank of India’s (RBI) move to impose curbs on lending and withdrawals in Punjab and Maharashtra Cooperative Bank reportedly due to under-reporting of
Tax cuts lovely but miles to go–Economic Times
The panel discussion that followed the meeting of the ET Awards jury on Wednesday concluded that much still remains to be done to convert the
NCLAT: NCLT decision to implead IL&FS auditors appears bad in law – The Financial Express–
The National Company Law Appellate Tribunal (NCLAT) on Wednesday observed that the NCLT Mumbai’s decision to implead IL&FS auditors as parties in the operational mismanagement
NCLAT dismisses Srrei Multiple Asset Investment Trust’s appeal – The Financial Express–??
The National Company Law Appellate Tribunal (NCLAT) has dismissed Srei Multiple Asset Investment Trust (SMAIT)’s appeal that challenged the May 14 order of the Cuttack
Supreme Court sets aside NCLT order on insolvency against La-Fin Financial Services – The Financial Express–??
A Bench led by Justice RF Nariman, while quashing the orders of both NCLT, Mumbai, and the NCLAT, rejected the IL&FS stand that its suit
Small businesses not invincible to cyber security attacks; 48% suffered data breaches this year – The Financial Express
Technology for MSMEs: Even as large enterprises have usually been the victims of data breaches because of the enormity of the customer data they have access
Govt to soon unveil norms to protect winning bidders in IBC cases | Business Standard News–
The government will soon come up with detailed guidelines for regulators and tax authorities to protect the winning bidders in Insolvency and Bankruptcy Code (IBC) cases against
Strengthen cooperative banks | Business Standard Editorials
The Reserve Bank of India (RBI) on Tuesday placed the Punjab and Maharashtra Co-operative Bank (PMC) under “directions”. Consequently, cash withdrawals have been capped at
When the regulator is the violator | Business Standard Column–
The Securities Appellate Tribunal has ruled that a minor cannot be held liable for not making an open offer under the takeover regulations. This is not a
UK launches biggest peacetime operation after Thomas Cook collapse – India Today
The UK government on Monday launched Operation Matterhorn, its biggest peacetime repatriation in British history, after the collapse of tour giant Thomas Cook that left
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