Electronic platform will be opened for filings from September 16 Insolvency regulator IBBI has put in place a mechanism to monitor corporate insolvency resolution processes
Month: September 2019
Govt plans debt waiver for ‘small distressed borrowers’ – The Hindu BusinessLine
Proposal will seek to alleviate situation of most distressed EWS borrowers The government plans to give debt waiver for “small distressed borrowers” under the insolvency
NCLAT orders liquidation of Amtek Auto – The Hindu BusinessLine
The National Company Law Appellate Tribunal (NCLAT) on Friday ordered liquidation of debt-ridden Amtek Auto as it declined lenders’ request for extension of insolvency resolution
Pro consumer: The SC’s IBC ruling gives homebuyers greater say, but may prolong realtors’ bankruptcy proceedings – The Hindu BusinessLine
Disagreements between homebuyers and other creditors at the negotiating table due to conflicting priorities may lead to a stalemate Homebuyers in over one lakh stalled
A tale of three developers — will the law catch up? – The Hindu BusinessLine
The travails faced by nearly 1 lakh home-buyers in the National Capital Region after signing up for housing projects with three leading developers — Unitech,
No place to call home – The Hindu BusinessLine
Home-buyers have lost their life savings to bogus projects. Can RERA make a difference? BusinessLine reports 1.74 lakh homes in 220 projects fully stalled in
After a turbulent year, is the worst over for banks? – PORTFOLIO – The Hindu BusinessLine
While earnings appear to have improved in the June quarter, stress persists in the books At first glance, aggregate earnings of banks in the latest
NCLAT gives Marg’s promoter two weeks to clear dues, exit IBC – STATES – The Hindu BusinessLine
The National Company Law Appellate Tribunal (NCLAT) has allowed GRK Reddy, the promoter of Marg Ltd, a Chennai-based real estate and infrastructure company, to submit
Supreme Court upholds homebuyers’ rights in builder bankruptcies – The Hindu BusinessLine
The court ruled homebuyers rights will remain at par with lenders. Supreme Court upheld the ability of homebuyers to drag property developers into bankruptcy proceedings
Jet Airways lenders’ panel to meet on August 1 – The Hindu BusinessLine
The Resolution Professional (RP) appointed for the debt-strapped Jet Airways informed the stock exchanges on Tuesday that the second Committee of Creditors (CoC) meeting is
The dry spell in India’s IPO market – The Hindu BusinessLine
The IPO market cannot thrive unless policy hurdles to start-ups scaling up are removed India’s primary market, after showing signs of animation for the last
Caution pays: The RBI should learn from the mistakes of other central banks – The Hindu BusinessLine
It will do well to continue with orthodox monetary policies The policy moves of the global central bankers over the last two weeks highlight the
The GST Council should stop tinkering, focus on simplifying rate slabs – The Hindu BusinessLine
With total collection this year lower than the budgeted amount, the shortfall is a cause for worry The upcoming GST Council meeting is perhaps the
The rules for credit rating agencies need to be overhauled – The Hindu BusinessLine
One step could be to make the investor pay for the rating by deducting the fee from the issue proceeds Along with the news about
Jump in bank frauds: Risk control systems need urgent strengthening – The Hindu BusinessLine
Rather than attempt piecemeal fixes to individual cases, the RBI must undertake system-level interventions to improve risk management at PSBs More than a year after
India’s GDP growth pulled down by a perfect storm of factors – The Hindu BusinessLine
The Centre must implement irrigation, road building and affordable housing schemes with a renewed sense of urgency With India’s growth rate having fallen steeply over
Wrong targets: Rather than micromanage PSB lending, the Centre should set KPIs based on profitability and RoC – The Hindu BusinessLine
PSBs desperately need low-cost deposits to participate in improving credit offtake Its not surprising that the Government of India, having sunk over ₹3 lakh crore
Unfinished business: The PM’s confidence in the economy needs to be backed by firm implementation – The Hindu BusinessLine
Virtually shrugging aside palpable signs of economic gloom, it was a remarkably sanguine Prime Minister who addressed the nation for the sixth consecutive year from
Introspect on GST: The CAG report flags the impact of an imperfect GST Network – The Hindu BusinessLine
Small businesses still suffer overheads on account of GST compliance The irony here is hard to ignore: GST was introduced two years back to make
A one-woman army that waged a battle for empathy – The Hindu BusinessLine
Alka Gujnal has ensured that destitute sex workers are treated with dignity When she was a child, Alka Mallapa Gujnal would often wonder why women
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