The government has approved establishment of two new benches of National Company Law Tribunal (NCLT), one at Amaravati in Andhra Pradesh and the other at Indore in Madhya Pradesh.
Author: Anil R Tikotekar
IBC–NCLAT directs NCLT to decide on JSW’s bid for Bhushan Power & Steel by Mar 31 – The Economic Times
Earlier, on February 4 the NCLAT had dismissed the plea of Tata Steel and upheld lenders’ decision to approve resolution plan of JSW Steel for
IBC–Mukesh Ambani’s bid to buy Alok Industries gets NCLT green light; RIL-JM Financial Rs 5050 cr-bid okayed – The Financial Express
Mukesh Ambani’s bid to buy Alok Industries gets NCLT green light; RIL-JM Financial Rs 5050 cr-bid okayed Mukesh Ambani’s plan to buy out Alok Industries
ArcelorMittal wins Essar Steel IBC case as NCLT clears Rs 42,000-crore bid; but has the wait ended? – The Financial Express
ArcelorMittal got a major boost on Friday in its bid to acquire bankrupt Essar Steel, with the National Company Law Tribunal approving the Rs 42,000-crore
IBC–Maximising value of assets! JIL CoC to form core group to work with NBCC, Suraksha – The Financial Express
The Committee of Creditors (CoC) of Jaypee Infratech (JIL) will form a core group of its members, who will hold deliberations with resolution applicants —
Solving the farm riddle | Business Standard Editorials
The second advance estimates of national income for the current financial year that were recently released by the Central Statistics Office (CSO) made a sobering read. For
Fiscal Yin, monetary Yang | Business Standard Column
Earlier this week I wrote an article saying the next government’s biggest problem is going to be money. In that context, here’s a question that
IBC–Back door entry for errant promoters? – The Hindu BusinessLine
In a bid to keep out errant and wilful defaulters from buying back stressed assets, Section 29A was inserted into the Code (Insolvency and Bankruptcy
Banks coming out of PCA framework may not see sudden growth in credit – The Hindu BusinessLine
The recent exit of six banks from the Prompt Corrective Action (PCA) measure of the RBI may not be enough to immediately spur credit growth.
View: Band-aid solution planned for Jet Airways won’t fix anything – The Economic Times
Jet is no Emirates and India no Dubai or Singapore. This stopgap band-aid bankrolling planned for Jet will hardly set the tarmac on fire. How
CBIC clarifies on levy of GST on sales promotion schemes – The Economic Times
The CBIC Thursday clarified on the vexed issue of levy of GST on sales promotion schemes like ‘buy one get one free’ offered by FMCG firms, saying taxes
Scaling small businesses with alternative finance – The Economic Times
By M Jayadev Lack of access to finance is the most widely cited constraint by SMEs for growth and scaling up business. Generally commercial banks
Starting a business? Avoid these common mistakes – The Economic Times Video | ET Now
Are you an entrepreneur who is planning to start a business? Here is a six-point guide you should follow to avoid common mistakes. Emandi Sankara
Car Insurance: Motor insurance policy provides total loss benefit against car accident: What it means for you?
When you buy a standard motor insurance policy, the insurer may often tell you the policy will provide you total loss benefit in case of
Groundwater: A dangerous threshold–Economic Times
The country’s turbulent water economy calls for prompt policy attention and sustained follow-through action. New research shows that the largest groundwater depletion in the world
Bad assets and bankruptcy code: Lenders recover almost half of Rs 1.43-lakh crore defaulting advances – The Economic Times
Lenders have recovered about half the defaulting advances of Rs 1.43 lakh crore stuck in 82 cases that have been resolved so far in the
Insolvency and Bankruptcy Code: Govt says trustees too can approach IBC against corporate debtors – The Financial Express
The government has allowed trustees, estate administrators, persons authorised by a company’s board of directors etc toinitiate corporate insolvency resolution process (CIRP) against a corporate
NCLT notice to Essar Power on L&T arm’s plea at Ahmedabad bench – The Financial Express
The Ahmedabad bench of National Company Law Tribunal (NCLT) on Tuesday issued a notice to Essar Power after L&T Infrastructure Finance Company approached it to
The job crisis and solutions | Business Standard Column
Whichever way one looks at it, the creation of new jobs has been a problem — not just in India but worldwide over the last
Court refuses bail to those accused of circular trading to evade GST | Business Standard News
A local court in Maharashtra has refused bail to persons accused of evading goods and services tax (GST) by circular trading and claiming input tax credits, and