Clipped from: https://www.deccanherald.com/ A view of the SC The Supreme Court on Thursday suggested for finding a middle ground to protect the interest of crores of
Day: June 4, 2020
SC extends order of no coercive action against employers for non-payment of full wages – The Economic Times
Clipped from: https://economictimes.indiatimes.com In the proceedings conducted through video conferencing, the top court said there was a concern that workmen should not be left without pay,
Suspension of IBC can affect resolution efforts and shift focus to recovery | Business Standard News
Clipped from: https://www.business-standard.com On Wednesday, the Union Cabinet gave approval to the suspension of the IBC for Covid-19-related stress It was decided to hold in abeyance
Nod for Ordinance to amend Insolvency Code – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com Insolvency proceedings to be suspended for Covid-related debt up to a year The Cabinet on Wednesday approved the promulgation of an ordinance to
Four shortlisted for placing financial bids for Jet Airways – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com Jet Airways’ Resolution Professional has short-listed four companies for placing a financial bid for acquiring Jet Airways. While nearly seven entities had submitted
‘FY21 to witness significantly lower realisations under IBC’ – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com Outbreak of Covid-19 pandemic and suspension of new proceedings key reasons Financial creditors could realise about ₹60,000 to ₹70,000 crore in FY21 through the Insolvency
