Clipped from: https://www.financialexpress.com/ While other jurisdictions have also adopted the accommodative stance, they have been varying and have drawn a redline for defaults that may have
Month: June 2020
IBC suspension leaves door open for fraud: Experts – The Economic Times
Clipped from: https://economictimes.indiatimes.com As per the ordinance issued on Friday, proceedings under the Insolvency and Bankruptcy Code can never ‘ever’ be filed for defaults occurring during
Bank Loan: Banks reassess loans, home buyers in soup | India Business News – Times of India
Clipped from: https://timesofindia.indiatimes.com MUMBAI: In the season of salary cuts and job losses, builders and people who booked flats in their projects now have to deal
‘Staying at home not a solution, won’t save economy,’ says JSW Chairman Sajjan Jindal–Business today
Clipped from: https://www.businesstoday.in Coronavirus impact: Sajjan Jindal said that India as a country needs to get back to its full capacity at the soonest to be
Auditor may not have raised red flags at IL&FS behest: forensic report | Business News,The Indian Express
Clipped from: https://indianexpress.com/article/business/companies/auditor-may-not-have-raised-red-flags-at-ilfs-behest-forensic-report-6447866/ According to the Grant Thornton forensic audit report, SRBC & Co LLC had earlier taken a decision to make such qualifications in its
Last thing we want at time of health crisis is to do something that creates a financial crisis: Uday Kotak | Business News,The Indian Express
Clipped from: https://indianexpress.com Uday Kotak said that there is an opportunity to rebalance rural and urban and that the state needs to work towards the aspect
‘Return to pre Covid-19 growth will take a year’, says Kotak Mahindra CEO – business news – Hindustan Times
Clipped from: https://www.hindustantimes.com/ Uday Kotak said we are in a completely new era post Covid-19 and thus, revival cannot be evaluated on average. Rajeev JayaswalHindustan Times,
Why the IBC ordinance to suspend insolvency pleas for six months, spells trouble – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com Exempting Covid related defaults from insolvency under IBC permanently, can lead to unwarranted consequences For corporates caught in the Covid led crisis, the
Monetising fiscal deficit via secondary OMOs right way: Uday Kotak | Business Standard News
Clipped from: https://www.business-standard.com/ If we keep subsidising or protecting businesses that are not able to compete, we have an issue. I would expect the market to
Firms rush to register as MSMEs, but most may not get loans: Officials | Business Standard News
Clipped from: https://www.business-standard.com The government had last month announced loans worth Rs 3 trillion for an estimated 4.5 million MSMEs that are facing a liquidity crunch
NCLT needs clear set of protocols to flatten bankruptcy curve, say experts | Business Standard News
Clipped from: https://www.business-standard.com/ Debt restructuring schemes under company law, and introduction of Code-based pre-packs are worth exploring, say experts Experts say there is no outer date
From arbitration award to power arrears, here’re the key court orders | Business Standard News
Clipped from: https://www.business-standard.com An international arbitration wound its way through four courts in India, and two times in the Supreme Court, lasting two decades before ending
The biggest reform, or a farce in 3 Acts? | Business Standard Column
Clipped from: https://www.business-standard.com India has one of the world’s largest arable landmasses, focused sunshine, and water in 40% of land, and so, if the three laws
Last opportunity | Business Standard Editorials
Clipped from: https://www.business-standard.com/ India can’t afford to ignore RCEP The countries in the Regional Comprehensive Economic Partnership (RCEP) have again sought to determine if some agreement
Economics and welfare | Business Standard Editorials
Clipped from: https://www.business-standard.com There is merit in RBI’s position on loan moratorium Economic recovery from the Covid-19 shock will need to be carefully nurtured. Policy decisions
Applying the wrong medicine: Revival package doesn’t help the poor or middle class, backbone of India’s broken economy–times of india
Clipped from: https://timesofindia.indiatimes.com Justice is at the heart of all human endeavour. This pandemic has taken us all by surprise. The task of a responsive government
For deeper financial & commodity markets–economic times
Clipped from: https://economictimes.indiatimes.com Two welcome developments in domestic financial markets have taken place in the past week. Banks have begun participating in the offshore rupee derivatives
Ensure life through crop insurance–Economic Times
Clipped from: https://economictimes.indiatimes.com By Sonia Jabbar I was horrified and deeply saddened by the painful death on May 27 of a pregnant elephant in Kerala’s Palakkad
Risks of becoming a loan guarantor and what to do in case of loan repayment default – The Economic Times
Clipped from: https://economictimes.indiatimes.com/ Loan defaults are bad news for people who have stood as guarantors to loans taken by friends and relatives. Most people know that
Complete IBC suspension for defaults may hurt creditors – The Economic Times
Clipped from: https://economictimes.indiatimes.com The ordinance passed by the government on Friday said that “no application shall ever be filed” for insolvency proceedings on default on or
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