The government last week came up with an interim framework for resolving financial stress in financial service providers (FSPs) through a structured resolution and liquidation
Author: Anil R Tikotekar
NCLAT rejects PepsiCo plea for release of machinery from Oceanic Tropical | Business Standard News
The National Company Law Appellate Tribunal (NCLAT) has rejected the plea of beverages giant Pepsico India Holdings seeking release its machinery from Oceanic Tropical Fruits, which is
Easing of IBC deadline to serve interests of public, debtor: MCA secretary | Business Standard News
The Ministry of Corporate Affairs has found comfort in the fact that the Supreme Court has not struck down the 330-day timeframe for completing the insolvency resolution process, but
Bank moves NCLT to initiate insolvency proceedings against McLeod Russel | Business Standard News
Following Techno Electric & Engineering’s appeal at the National Company Law Tribunal (NCLT)’s Kolkata Bench to initiate insolvency proceedings against McLeod Russel, a bank has
Insolvency resolution: Share of operational creditors reduces to 48% in Q2 | Business Standard News
The cumulative share of operational creditors in companies admitted under Insolvency and Bankruptcy Code (IBC) has reduced to 48 per cent at the end of Q2 from 50 per
Sebi disposes of ABG Shipyard disclosure case as firm is under liquidation | Business Standard News
Markets regulator Sebi on Monday disposed of adjudicating proceedings initiated against ABG Shipyard, for allegedly not making requisite disclosure under the Listing norms, as the company is under
Challenges have made Insolvency and Bankruptcy Code stronger: IBBI chief | Business Standard News
Prompt course corrections have been done to the insolvency law to address the needs of stakeholders, IBBI chief M S Sahoo said on Monday as
PSBs report fraud of more than $13 billion in 6 months – The Economic Times
PSBs reported fraud worth 958 billion rupees ($13.3 billion) from April to end-September of this year, the country’s finance minister said on Tuesday, as the government
RBI affidavit details how it was ‘cheated’ by scam-hit PMC Bank – The Economic Times
In a detailed affidavit filed before the Bombay High Court on Tuesday, the Reserve Bank of India (RBI) has virtually admitted that it was ‘cheated’ by the
A rose by any other name, Sebi…–Economic Times
Markets regulator Sebi is considering a move, it has been reported, to replace the term promoter with another, controlling shareholders, to be more in line
The rising threat of heart disease | Deccan Herald
No other disease kills more Indians than cardiovascular disease. According to the Global Burden of Disease study published in The Lancet journal, mortality due to
Small businesses’ new weapon against big firms: IBC gives MSMEs this power to collect dues – The Financial Express
Credit and Finance for MSMEs: To help MSMEs tide over their problem of delayed payments by large businesses, the Insolvency and Bankruptcy Board of India (IBBI)
Demonetisation bump over, taxman needs a new plan, quickly – The Financial Express
In the case of personal income taxes, buoyancy levels more than doubled to 2.3 in FY17, and are now back to pre-demonetisation levels. With direct
Proposed amendments to Companies Act may include easier rights issue norms | Business Standard News
Proposed amendments to the Companies Act are said to reportedly facilitate easier norms for fund-raising through the use of rights issues. The move comes even as the
Needed: A white paper on the Indian economy | Business Standard Column
The Indian economy is going through a phase in which it is difficult to spot a piece of good news. Economic growth is slowing. Exports
Pulling out of RCEP not just an economic decision | Business Standard Column–Mr. Yogendra Yadav–National President of Swaraj India.
Prime Minister Narendra Modi exercised sound political judgement in deciding to keep India out of the Regional Comprehensive Economic Partnership or RCEP, right in the middle of the Bangkok
Restoring the stature of the Supreme Court – analysis – Hindustan Times–Mr. Madan Lokur–Retired Supreme Court Judge
Chief Justice SA Bobde has assumed the office of the Chief Justice of India (CJI). While wishing him all the best, it must be said
SC has always upheld and strengthened secularism, but its Ayodhya ruling is problematic on that score | The Indian Express–Mr. Madhav Godbole–Former Union Home Secretary
India’s Supreme Court is acclaimed as the most powerful among its counterparts in the world. It has rewritten the Constitution of the country on several
Hits and misses | The Indian Express–Rekha Sharma–Former Judge of Delhi High Court
Ranjan Gogoi, the 46th Chief Justice of India, has retired. Now is the time to assess his legacy. The tenure of his predecessor, Justice Dipak
Bankruptcy Code Can Push GDP By 2 Says M S Sahoo – BW Businessworld
Insolvency and Bankruptcy Board of India Chairperson Dr. M. S. Sahoo, in an exclusive interview with BW Businessworld’s Suman K Jha, says that with the Insolvency and