During the proceedings, counsel appearing for the real estate development company cited provisions of the Companies Act and NCLT Rules, 2016 in support of its
Day: October 29, 2019
NCLAT stays sale of Orchid to Dhanuka – The Economic Times
The National Company Law Appellate Tribunal (NCLAT) has stayed the sale of Orchid Pharma to Dhanuka Laboratories, in the eleventh hour, as the scheme for acquisition was to
NCLAT stays formation of HDIL committee of creditors – The Economic Times
HDIL reported a 67% on-year decline in net profit in the quarter ended June 30, at Rs 8.24 crore. Total income fell 44% to Rs
NCLAT sets aside plea to initiate insolvency proceedings against Intex Technologies – The Economic Times
The NCLAT has dismissed a plea to initiate insolvency proceedings against smartphone and mobile accessories maker Intex TechnologiesNSE -0.31 % India Ltd by one of its creditors. A three-member
Now, officers to exclusively handle GST, Customs complaints – The Economic Times
In line with Prime Minister Narendra Modi‘s assurance that honest taxpayers would not be harassed and wealth creators would be respected, the indirect tax body –
Not a solution | Business Standard Editorials [ Test for Independent Directors ]
Corporate governance has rarely been India’s strong point, and the recent past has reminded investors of this weakness with startling frequency. Especially noticeable is the failure
Consumption blues | Business Standard Editorials
An examination of the second-quarter results released to date indicates that the slowdown continues, though the corporate tax cut has helped boost profitability. A total of 316
Govt owed Rs 5L crore to industry at FY19-end: Niti Aayog estimate – The Financial Express
The government wants to give a cash booster to Corporate India and small businesses to invigorate the investment cycle but the Centre itself and assorted
Probe business models of Amazon, Flipkart as deep discounts causing GST loss, CAIT asks FM Nirmala Sitharaman – The Financial Express
Traders’ body CAIT on Monday urged the government to probe the business model of e-commerce majors like Amazon and Flipkart, alleging that deep discounts on products were causing
