The Ministry of Corporate Affairs (MCA) may consider introducing a threshold for homebuyers to treat them at par with financial creditors so that the Insolvency and Bankruptcy Code (IBC)
Day: October 19, 2019
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
Sterling Biotech case: Appellate authority upholds IBC over PMLA | Business Standard News
In a ruling upholding the prevalence of the Insolvency and Bankruptcy Code (IBC) over the Prevention of Money Laundering Act (PMLA), the appellate authority of
IBC changes: Want to drag realtor to NCLT? Draw in 99 homebuyers – The Financial Express
All these changes, and the cross-border insolvency norms, will be part of the upcoming amendment to the IBC, which will then be introduced in the
Liberty House unlikely to re-entry in stressed asset market – The Financial Express
After several aborted bids for insolvent companies, banks and resolution professionals (RPs) have reached an understanding to keep the UK-based Liberty House out of the
Regulator, auditor should be held responsible for frauds in banks, says MoS Finance Anurag Thakur – The Financial Express
The regulator, auditor and management should be held responsible for fraud in Punjab and Maharashtra Co-operative Bank or other banks, Minister of State for Finance
How to make IBC fool-proof: Govt crowd sourcing for ideas as delays hit insolvency resolutions – The Financial Express
Over the last weekend, it organised four programmes with senior income tax officials in Mumbai, Kolkata, Bengaluru and Ahmedabad and discussed in detail various contours
Govt against attachment of insolvent firm’s assets once CIRP is completed – The Financial Express
The Ministry of Corporate Affairs (MCA) is of the view that once the corporate insolvency resolution process (CIRP) is completed against an insolvent firm, there
IBC resolution: E-marketplace for toxic assets soon – The Financial Express
India is planning to have a comprehensive online marketplace for stressed assets where potential investors, both domestic and foreign, will be able to not just
Is deposit insurance working as it should? – The Hindu BusinessLine
Bank depositors often have to endure long waits in limbo before they are able to get their hands on the insurance money The Indian saver’s
All you wanted to know about E-Assessment – The Hindu BusinessLine
Following the Finance Minister’s announcement that faceless scrutiny will be implemented from Vijayadashami day, i.e. October 8, 2019, the Central Board of Direct Taxes recently
All you wanted to know about repo-linked deposit and lending rates – The Hindu BusinessLine
As everyone cheered the 35-basis point repo rate cut in last week’s monetary policy meeting, were you wondering why such cuts never seem to trickle
All you wanted to know about the new Motor Vehicles Act – The Hindu BusinessLine
In the last one week, a lot of things have changed for motorists plying on Indian roads. With the Motor Vehicles Act 2019 coming into
IBC amendment mandatory to ring-fence stressed assets from investigating agencies – MONEY & BANKING – The Hindu BusinessLine
Though the recent NCLAT order staying the Enforcement Directorate attachment of Bhushan Power and Steel asset would provide some comfort for winning bidders of other
Visa Infrastructure case: ‘Divided’ NCLAT leaves SBI’s application in limbo – POLITICS – The Hindu BusinessLine
Third judge to decide on bank’s pleato initiate insolvency proceedingsagainst the corporate debtor While there are numerous issues cropping up under IBC — undue delays
In spite of NCLT nod, litigations are cropping up: JSW chief – NEWS – The Hindu BusinessLine
JSW Steel’s move on fresh capacity addition with huge investments comes at a time when steel demand in the country has plunged and the economy
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