The Kolkata Bench of National Company Law Tribunal (NCLT) has granted an additional 20 days time for Adhunik Metaliks to complete its ongoing insolvency resolution
Author: Anil R Tikotekar
All you wanted to know about…Swiss Challenge – Business Line–19.06.2018
No, this is not about Federer challenging Rafa to a match on clay court. As many corporate bankruptcy cases in India get held up by
RBI alters ‘relative’ definition to check outward remittances – The Hindu–19.06.2018
Aims to prevent misuse of facility Concerned over funds sent abroad under the ‘maintenance of close relative’ category of the Liberalised Remittance Scheme (LRS), the
Unravelling the fine print of the ‘new’ IBC – The Hindu–19.06.2018
S. Dhanapal, senior partner, S. Dhanapal and Associates, explains the other aspects. Relief to micro, small and medium enterprises (MSME) The promoter of a
Insolvency Code: what’s new – The Hindu–19.06.2018
S. Dhanapal, senior partner,S. Dhanapaland Associates, decodes the key amendments to IBC. Homebuyers as financial creditors In a major change, homebuyers would now be treated
Why Urjit Patel is anxious about Fed tightening – Business Line–18.06.2018
Signs of stress are visible in the external debt data of the India’s private sector A day before the June monetary policy meeting, RBI Governor
Delay in resolving insolvency cases has cost banks ₹25,000 cr – Business Line–18.06.2018
The inordinate delay in the insolvency resolution process against the top 10 defaulter companies has already led to a notional a loss of ₹25,000 crore
How the RERA and the IBC will help homebuyers – The Hindu–18.06.2018
The Insolvency and Bankruptcy Amendment (Ordinance) Act, 2018 received the President’s assent on June 6. The amendment to the Code was brought about with a
P2P lending: Can India replicate the UK experience to achieve Sabka Saath, Sabka Vikas? – The Economic Times–17.06.2018
By Rajat Gandhi India is still struggling with a huge credit gap that is holding back the economy. Getting a bank loan is an extremely
GST: Delhi raises e-way bill threshold – The Financial Express–17.06.2018
After West Bengal and Tamil Nadu, Delhi has become the third state to double the threshold for electronic-way (e-way) bill for intra-state movement of goods
SEBI’s new regulations sync with the IBC – The Financial Express–17.06.2018
A lot has been said and written on the Indian insolvency law—the Insolvency and Bankruptcy Code, 2016 (IBC). It is one of the big-bang reforms
Norms for FPIs to invest in debt eased, may boost rupee, corporate bonds | Business Standard News–17.06.2018
The Reserve Bank has eased investment norms for foreign portfolio investors (FPIs) in debt, especially into individual large corporates, a move that can help attract more overseas
Resolution professional of Essar Power Jharkhand invites bids by July 10 | Business Standard News–17.06.2018
The resolution professional for Essar Power Jharkhand, Huzefa Fakhri Sitabkhan, has invited expressions of interest (EoIs) and resolution plans from companies by July 10. Essar Power Jharkhand was admitted under the Insolvency and
GST Amendments: Changes to include RCM, return filing, refund on exports | The Indian Express–17.06.2018
Clarification for refunds of cess on goods to be exported, changes in the enabling provisions for reverse charge mechanism (RCM) and composition scheme and returns
[ NPAs ] Shine the light | The Indian Express–17.06.2018
It is one thing for a bank loan to be declared a non-performing asset (NPA) — that is, when the borrower has ceased to pay
Amendment to the senior citizen bill will reduce elders’ abuse | analysis | Hindustan Times–17.06.2018
As the problem of abuse of the elderly is becoming a serious concern in different parts of the world, many countries are bringing legislations to
Income Tax Returns | How to File ITR | File Income Tax Returns for FY 2017-18 – The Economic Times–16.06.2018
File Income Tax Returns for FY 2017-18 10-documents-you-need-to-file…8.5 KB 10 documents you need to file your income tax return which-itr-form-applies-to-you…2.0 KB Which ITR form applies
Welcome Reform in India’s Bond Market–Economic Times–16.06.2018
There are welcome steps underway to have a liquid secondary market for corporate bonds, an institutional shield against future non-performing assets arising from banks funding
Bond losses: RBI allows banks to spread provisions | The Indian Express–16.06.2018
The Reserve Bank of India (RBI) on Friday allowed banks to spread their provisions against bond losses in the June quarter over up to four
Govt moves to get global funds to invest in an ARC for banks – Business Line–16.06.2018
The Centre may rope in multilateral financial institutions, global private equity firms, global pension funds and sovereign wealth funds to invest in the asset reconstruction