The promoters of debt-ridden Essar Steel took its creditors by surprise by offering to settle the entire claims of Rs 543 billion under Section 12A
Author: Anil R Tikotekar
मी यापूर्वी बँक ऑफ महाराष्ट्र मध्ये क्षेत्रीय अधिकारी म्हणून काम करत होतो. मुंबई, पुणे, सोलापूर, कोल्हापूर व लातूर येथे काम करण्याचा अनुभव आहे . १६ वर्षे मनेजर म्हणूनही काम केले आहे तसेच बँक ऑफ महाराष्ट्र मधील ट्रेनिंग कॉलेज मध्ये शिकवण्याचा देखील अनुभव आहे. माझा इमेल aniltikotekar@gmail.com असा आहे. माझी website अजून चांगली कशी होईल याबाबत सूचनांचे स्वागतच आहे. कोणत्याही आर्थिक फायदा मिळवावा अशा हेतूने ही website सुरु केलीली नाही याची नोंद वाचकांनी घेणे गरजेचे आहे. तसेच या संकेतस्थळावर दिला गेलेला सल्लाअमलात आणण्याआधी आपल्या आर्थिक बाबी माहित असण्याऱ्या व्यक्तींचा [ जसे की CA ] सल्ला घ्यावा. समाजातील काही घटनांना थोडीशी जरी मदत झाली तरी हा प्रयत्न थोडाफार तरी यशस्वी झाला असे म्हणता येईल.
Ensure CoC members areseniors, IBBI tells lenders – The Hindu BusinessLine-R
To avoid delays in decision-making, the Insolvency and Bankruptcy Board of India (IBBI) has asked banks to ensure that their representatives on the Committee of
GST-Surprise communiqué – The Hindu BusinessLine
Just after most taxpayers had filed their monthly returns for September comes a press release with no title, number, signature or information as to who
View: Rupee has slipped way too much and needs to be reined in – The Economic Times-R
By Abheek Barua The oldest trick in the high school debater’s book is to make the opponents’ propositions appear so risible that the judges are
banking sector: With system-wide NPAs worse than Pakistan & Botswana, the Indian banking sector is in a mess – The Economic Times-R
By Ashwini Anand The Indian banking sector is in deep trouble. No, I am not referring to the 25%-50% crashes the stock prices of lenders such as DHFL,IIFL
More taxpayers should mean more taxes, too–Economic Times
The reported surge in the number of individuals declaring incomes above .`1crore is welcome. Official data shows a 68% increase in the number of crorepati
CAG Rajiv Mehrishi questions RBI’s accountability over NPA crisis – The Economic Times-R
Comptroller and Auditor General of India ( CAG) Rajiv Mehrishi on Tuesday questioned the role of RBI in the present banking crisis, asking what the regulator was doing
IBC: New delisting norms for IBC companies could trip punters’ bets – The Economic Times-R
By- Pavan Burugula Investors who have punted on the Insolvency and Bankruptcy Code (IBC) bound stocks hoping to cash in on business turnaround could be
Why government must not lean on RBI to relax norms for PCA banks – The Financial Express
The government should desist from asking banks to help alleviate the stress at NBFCs and Housing Finance Companies (HFCs) and leave it to lenders to
Lessons for RBI from the shocking Rupee slide and questions it has raised – The Financial Express-R
Many were then quick to credit the new inflation-targeting monetary policy regime introduced by former Governor Rajan to tame inflation and preserve “both internal and
Bhushan Power bid: NCLAT gives Tata Steel a chance to plead its case – The Financial Express-R
Senior counsel Abhshek Manu Singhvi, appearing on behalf of Tata Steel, alleged that the CoC gave JSW Steel undue chances to revise its bid after
GST muddle: AARs’ rulings clash on similar queries in two States – The Hindu BusinessLine
Payments made by foreign companies to liaison offices in the country will not attract GST, Authority of Advance Rulings (AAR) – Tamil Nadu has ruled.
Modi Govt’s tenure ‘best years’ of Indian economy: EAC-PM member – The Hindu BusinessLine
The Economic Advisory Council to the Prime Minister (EAC-PM) member, Surjit Bhalla, on Tuesday said that the four years of the Modi government are the
Six-member panel set up to resolve stressed assets – The Hindu BusinessLine-R
The overseeing committee (OC) that is being set up under the inter-creditor agreement (ICA) for resolution of stressed assets will have six members, including Janki
Absence of a deep bond market is major cause for banking crisis: CAG – The Hindu BusinessLine-R
The major cause for the current crisis in the banking system is the absence of a deep bond market and not “theft and bad lending”,
In defence of prompt corrective action–Economic Times
RBI deputy governor Viral Acharya has done well to defend the RBI’s scheme of placing troubled banks under Prompt Corrective Action (PCA) against the charge
Operational creditors get their due, but IBC slows – The Financial Express-R
Operational creditors get their due, but IBC slows Given their vastly larger loans, or skin in the game, it is not surprising that the Insolvency
Relief for suppliers to insolvent companies: IBC amendment now provides priority to operational creditors – The Financial Express-R
Abir Roy The treatment of operational creditors under the IBC has been a subject of numerous deliberations. There is scant protection which has been given
NCLT approves 45 resolution plans, orders 19 liquidations in 2 years of IBC | Business Standard News–R
The National Company Law Tribunal (NCLT) has sanctioned 45 resolution plans almost two years after the first set of insolvent corporates were taken for proceedings under the Insolvency and Bankruptcy Code
‘Input tax credit refund available for zero rated export of exempted items’ | Business Standard News
Q. We are a “hospital service provider” registered under GST. We wish to procure capital goods, both imported and indigenous, under EPCG authorisations, as we
aniltikotekar4sme.com 