The Ahmedabad bench of the National Company Law Tribunal (NCLT) on Monday directed the resolution professional (RP) for Alok Industries to reconsider the resolution plan
Author: Anil R Tikotekar
Insolvency and Bankruptcy Code: Bankruptcy court admits lenders insolvency plea against Sterling Biotech – The Economic Times–12.06.2018
The bankruptcy court has admitted the insolvency plea against Sterling Biotech filed by Andhra Bank – a move by banks to recover their dues amidst probe by
Demonetisation: Indians may have gone back to cash & credit pay – The Economic Times–12.06.2018
Indians have likely reverted to their old habit of paying by cash for small purchases with currency circulation improving to near pre-demonetisation levels, indicates an analysis of
Don’t pass the buck: A bad bank will allow PSBs to evade accountability | Business Standard Editorials
The idea of a bad bank — that could take over the non-performing assets (NPAs) weighing down public sector banks — is making a comeback.
RBI’s puzzle | Business Standard Column
The RBI’s main objective is to deliver a consumer price index (CPI) rate of 4 per cent. It also has two other objectives: Exchange rate
Wilful blindness and interest rates | Business Standard Column
India’s 10-year government bond yield, the benchmark for interest rates, is now pushing 8 per cent after the Monetary Policy Committee (MPC) raised the repo rate by
IBC rule barring defaulted promoters ‘can’t be back-dated’ – Business Line
Restricting clause Section 29-A of the IBC says an entity connected to the promoters or the management of the company going through the insolvency process
Reserve Bank aims to tighten working capital loan norms – The Hindu–12.06.2018
Proposes at least 40% loan component in credit of ₹150 cr. and above from Oct. 1 The Reserve Bank of India (RBI) has proposed a
Insolvency Code: what’s new – The Hindu–12.06.2018
Last week, President Ram Nath Kovind gave his nod to promulgate the Insolvency and Bankruptcy code (Amendment) Ordinance 2018. S. Dhanapal, senior partner,S. Dhanapaland Associates, decodes
insolvency and bankruptcy process: Companies under insolvency process to face additional surveillance from June 11 – The Economic Times–10.06.2018
As per the BSE, the “surveillance measures shall be in conjunction with all other prevailing surveillance measures” being imposed by the exchanges from time to
Public Credit Regisgtry–Don’t spoil a good idea with monopoly–Economic Times–10.06.2018
The RBI’s High-Level Task Force on creating a Public Credit Registry (PCR) for India has recommended an in-house repository having extensive information on all borrowers.
Welcome reform of the bond market: RBI’s latest steps will improve capital allocation–Economic Times–10.06.2018
The Reserve Bank of India has announced welcome steps to shore up the government securities (G-Sec) market. It would boost financial sector development, better determine
These platforms are creating a difference by empowering the MSME sector – The Financial Express–10.06.2018
Government and RBI have been working on empowering MSMEs. After special schemes to support the segment, the government also announced the allocation of 3lakh crores to MUDRA Bank under
Across the aisle: Governments hide, people seek – The Financial Express–10.06.2018
How much can you hide behind one number? A lot, if the media played ball. On the day after the Central Statistics Office (CSO) released
Insolvency & bankruptcy: Focus on resolution and not liquidation, says IBBI chief MS Sahoo – The Financial Express–10.06.2018-R
At a time when a majority of companies headed for resolution under the Insolvency and Bankruptcy Code (IBC) have been slipping into liquidation, M S
Shashi Tharoor is the victim of a flawed law–Times of India–10.06.2018
Congress politician Shashi Tharoor is going to be tried for abetment of the suicide of his wife Sunanda. I will not go into the details
GST–: Notice shot off to businesses for less IGST input credit claim – The Economic Times–09.06.2018
According to the results of the analysis, importers including bigger companies are paying IGST on imports but not claiming credit for the same. Tax authorities
Homebuyers: From ‘worst sufferer’ to at par with lenders, Arun Jaitley explains how IBC Ordinance helps – The Financial Express–09.06.2018
As President Ram Nath Kovind gave his nod to the Ordinance making amendments to the Insolvency and Bankruptcy Code (IBC) on Wednesday, the homebuyers got
Resolution plan for IVRCL: RP receives EoI from some applicants – The Financial Express–09.06.2018
The RP will review these EoIs to ensure that the same are according to the provisions of the Insolvency and Bankruptcy Code. As part of
IBC Process: NCLT gives Ruchi Soya another 90 days – The Financial Express–09.06.2018
Claims worth Rs 9,119 crore from financial creditors of Ruchi Soya had been admitted by the NCLT as on May 18, 2018. The Mumbai bench