The feasibility of implementing a ‘pre-packaged’ bankruptcy scheme, prevalent in the US, is under consideration, it is learnt. The move is meant to strengthen the
Author: Anil R Tikotekar
Bankruptcy code: NCLT can’t evaluate CoC decision on resolution plan, says SC – The Financial Express
The appellate tribunal had also reversed the decision of the NCLT, Hyderabad, which had approved its resolution plan related to Hyderabad-based Kamineni Steel & Power
Bhushan Power lenders likely to reject Sanjay Singal’s last-minute offer – The Financial Express
Lenders to Bhushan Power and Steel (BPSL) are likely to reject the last-minute offer made by the debt-ridden firm’s erstwhile owner Sanjay Singal of repaying
In the digital era, judging is under stress, says Supreme Court judge A.K.Sikri–The Print
Judging is “under stress” in the digital era, a Supreme Court judge said Sunday, lamenting that even before a case is taken up by the
विचार करायला लावणारी बातमी –इकॉनॉमिक टाइम्स मध्ये आलेली — अनिल तिकोटेकर
आयकराबाबत काही माहिती Economic times मध्ये प्रसिद्ध झाली आहे. त्यातील ठळक माहिती खालील प्रमाणे एकूण करदाते ६.३ कोटी इतके आहेत. नवीन कर सवलतीमुळे त्यातील जवळ जवळ ३
How many people pay income tax in India? Here’s a glimpse – The Economic Times
According to the Economic Survey, there are only 7 income tax payers for every 100 voters in India. Have you wondered how many people pay income
Public Sector Banks to be ranked on basis of performance – The Economic Times
The government expects the financial performance of banks to improve as their bad loans come down. The government will start surveying public sector banks annually to rank
How RBI’s Feb 12 circular changed the way banks dealt with stressed assets – The Economic Times
The year 2018 was unusual in the central bank’s 85-year history. It saw government versus central bank bouts. Come Tuesday, the Reserve Bank of India’s
दावा एक; वास्तव दुसरे! | अग्रलेख -महाराष्ट्र टाइम्स
दावा एक; वास्तव दुसरे! राज्यातील तृतीय आणि चतुर्थ श्रेणीच्या केवळ चार हजार ४१० पदांसाठी तब्बल सात लाख ८८ हजार इच्छुकांनी अर्ज करण्याची घटना रोजगार निर्मितीच्या
For lower EMIs, RBI needs to ensure banks follow its regulation–Times of India
Reserve Bank of India’s monetary policy committee on Thursday lowered its interest rate by 0.25%, triggering hope that it may lead to a reduction in
Across the Aisle: An account for votes! | Mr. P Chidambaram–The Indian Express
A confident government would have let the Interim Budget be the non-event that it should be, but confidence is one quality that is in short
There is no clear picture on unemployment in India |Mr. Karan Thapar– Hindustan Times
I’m not surprised the jobs and unemployment situation has hit the headlines two months before the elections. After all, if it’s as serious as the
Surveying India’s unemployment numbers – The Hindu
Monthly measurement of the unemployment rate is one of the requirements of the Special Data Dissemination Standard (SDDS) of the International Monetary Fund (IMF). The SDDS
Unauthorized withdrawals –Can the Banks escape liability on the ground– SMS alert was sent and was not responded ? –Anil Tikotekar
All of us are now aware that banks have a system of sending SMS for the transactions that take place in our account. Almost all
Banks liable for unauthorised withdrawals from customer accounts: Kerala High Court – The Hindu BusinessLine
The Kerala High Court has held that banks cannot be exonerated from liability for loss caused to a customer on account of unauthorised withdrawals made
Banks being penalized by RBI for lapses in monitoring of end use of funds–Anil Tikotekar
I was happily surprised to know today that RBI has imposed penalty on bank for not monitoring end use of funds. I refer to the
Shaktikanta Das stands firm on bad loans circular – The Economic Times
Reserve Bank of India governor Shaktikanta Das said there would be no changes to last year’s RBI circular that tightened bad loan recognition rules, frustrating companies and
Tax: Submitting fake bills to lower your tax liability? Tax department has ways to catch you–Economic Times
With the start of the new year, you must be receiving e-mails from your company’s accounts/HR department asking you to claim any reimbursements you are
Senior Citizen Savings Scheme (SCSS): Senior Citizens Savings Scheme saves tax, beats bank FDs: Here’s all you need to know about it–Economic Times
Any individual aged 60 and above can invest in it. Early retirees between 55 and 60 years can also invest in the scheme. The Senior
External borrowings for IBC bids welcome–Economic Times
It is noteworthy that RBI has given the go-ahead to raise external commercial borrowings (ECB) to bid for assets under resolution as per the Insolvency