Rajasthan Chief Minister Ashok Gehlot has written a letter to Prime Minister Narendra Modi asking him to safeguard the assets of state government and interests
Month: October 2019
BT Buzz: No takers for junk priced Rotomac, LML, Moser Baer brands in liquidation–Business Today
Since the corporate insolvency law – Insolvency and Bankruptcy Code (IBC) – came into existence in May 2016, the court has adjudicated liquidation of 486
Note ban was a management blunder: Rangarajan | Deccan Herald
Increase in the government expenditure, especially the capex are the right ways of addressing the current slowdown in the economy, according to former Reserve Bank
Judge’s refusal to recuse wrong | Deccan Herald
Justice Arun Mishra’s refusal to recuse himself from a five-judge constitution bench of the Supreme Court which is hearing a petition against an earlier judgment
P2P lending: Sachetisation of loans: It may already be happening with P2P Lending – The Economic Times
By Rajat Gandhi What happens when an economy is in a flux and growth has slowed down? Demand slows, investment slows down, jobs are lost
Insurance Deposit limit | View: It’s time to revise the limit of deposit insurance cover–Economic Times
By Manas R Das The last time the deposit insurance coverage limit was revised was in May 1993, when a ‘bullet’ hike was effected from
Job crisis signal | Business Standard Editorials
The Indian economy is in the midst of a severe slowdown and the data suggests that a sharp recovery in the near term is unlikely. Apart from
Save the bankruptcy code | Business Standard Editorials
One of the few high-profile successes of the Insolvency and Bankruptcy Code (IBC) has been the sale of Bhushan Power & Steel Ltd (BPSL) to JSW Steel.
ONGC contract workers’ claim to BPCL arbitration appeal: Key court orders | Business Standard Column
ONGC contract workers’ claim to be reviewed The Supreme Court (SC) has revived a question looming over a 1994 notification on contract labour in Oil and
Govt plans to introduce e-way bill on gold movement to check GST evasion | Business Standard News
The government is considering introduction of e-way bill on the movement of gold to plug evasion and arrest declining goods and services tax (GST) revenue collections. To ensure that
Banks baulk at Rs 4,000-cr loan to Patanjali for Ruchi Soya acquisition | Business Standard News
According to Patanjali’s plan, the banks would take a 65 per cent haircut on Ruchi Soya’s Rs 12,100-crore dues Bankers are jittery over Patanjali Ayurved’s
Insolvency Code progress report: Nearly 4 times as many cases in liquidation as in resolution – The Financial Express
The IBBI data also shows about 56.17 per cent of the CIRPs, which were closed, ended in liquidation, and only 14.93 per cent ended with
Input Tax Credit: New GST refund rules create confusion as deadline to file first returns comes close – The Financial Express
The Government has imposed restrictions on reimbursement of input tax credit under the GST. New GST Input Tax Credit Rules: Millions of GST payers are eagerly
Several panels later, India’s export sector a laggard, cries for bold policy push – The Financial Express
Even as the government is set to release the report of a high-level advisory group under noted economist Surjit Bhalla on ways to boost exports,
NPA ailment: Financial sector fragility persists – The Financial Express
These counters could keep the lid on NPAs, preventing a full-blown reversal of the cycle. Is the non-performing asset cycle beginning to reverse after a
NCLAT sets aside insolvency proceeding against Ambience, asks NCLT to decide afresh – The Economic Times
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
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 –
aniltikotekar4sme.com 