Tata Steel’s acquisition of Bhushan Steel may hit a hurdle as the National Company Law Appellate Tribunal (NCLAT) will re-examine Tata Steel’s eligibility as a
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.
NCLAT reserves order over Bhushan Steel, challenging sale to Tata Steel | Business Standard News
The National Company Law Appellate Tribunal today reserved its order over plea filed by former promoter of Bhushan Steel challenging the sale of the debt-ridden
RBI’s Public Credit Registry gives jitters to credit bureaus | Business Standard News
The country’s credit information industry will be transformed when the Reserve Bank of India’s Public Credit Registry (PCR) becomes operational. But the lack of clarity around the
RBI’s dilemma | Business Standard Editorials
When the six-member Monetary Policy Committee (MPC) of the Reserve Bank of India (RBI) discussed the bi-monthly review of the monetary stance in early June, there was a certain
GST Council approves setting up of appellate tribunal – The Economic Times
Industry has been awaiting creation of the appellate forum as the GST regime completes one year. A Goods and ServicesNSE 0.03 % Tax Appellate Tribunal (GSTAT) will
Negotiable Instruments Act | धनादेशाची पत वाढावी म्हणून.. | Loksatta
‘परक्राम्य संलेख कायदा’ अर्थात ‘निगोशिएबल इन्स्ट्रमेंट्स अॅक्ट’मध्ये दुरुस्ती करणाऱ्या विधेयकास लोकसभेने मंजुरी दिल्यामुळे या संदर्भात नवा आणि कालसुसंगत कायदा बनण्याचा मार्ग मोकळा झाला आहे. भारतात
Explained: How RERA can bring back the best years of the real estate industry – The Financial Express
The investor community, which follows the base user demand, will return once end-users start returning. Close watchers of real estate have been prophesying that the
MSME Sector: GST Council to take up further relief – The Financial Express
The Goods and Service Tax Council would exclusively consider issues related to micro, small and medium enterprises (MSME) taxpayers at its 29th meeting scheduled for
Delays in resolution and excessive litigation lead banks to sell NCLT exposures for quick cash recoveries – The Financial Express
The accounts which are reported to have seen the most number of lenders exiting are Essar Steel and Bhushan Steel. Lenders have put on sale
One more NPA account resolved in just 5 days; bankrupt Amtek Auto goes to Liberty House – The Financial Express
Amtek Auto, which owes nearly Rs 12,000 crore, was among the 12 big accounts identified by the Reserve Bank of India. The National Company Law
One step back: NCLT rejects Jyoti resolution plan – The Financial Express
While the financial creditors of the company claimed Rs 8,226 crore, the NCLT has admitted claims worth Rs 7,625 crore. The Mumbai bench of the
CBDT expands scope of tax audit process – The Financial Express
One of the amendments requires reporting on separate expenditure incurred on entities registered under the GST and those that are outside the ambit. The Central
CBDT’s decision to not pursue cases below Rs 2 mn may cost govt Rs 100 bn | Business Standard News
The Central Board of Direct Taxes’ (CBDT’s) decision to not pursue pending cases of income tax (I-T) demand below Rs 2 million could deprive the
NCLAT questions Tata Steel on eligibility in Bhushan Steel case – The Financial Express
Bhushan Energy promoters sought the appellate tribunal’s intervention as the termination of the PPA might reduce its valuation. The National Company Law Appellate Tribunal (NCLAT)
Making Sashakt scheme work – The Financial Express
Earlier this month, a committee of representatives from several banks—led by the Punjab National Bank chairman Sunil Mehta—announced an alternative mechanism for resolving bad loans,
4,387 large borrowers account for 90 per cent of NPAs – The Financial Express
The government today said 4,387 large borrowers accounted for Rs 8.6 lakh crore or 90 per cent of total non-performing assets (NPAs) of the banking
A desirable route to flexible resolution
The new inter-creditor agreement (ICA), signed by two dozen banks and financial institutions, to resolve bad loans is welcome. It gives lenders flexibility in taking
IBC amendment allows firms to bid for multiple stressed assets – Business Line
Corporate houses with deep pockets can bid for multiple distressed assets under the insolvency process without getting themselves disqualified under Section 29A of the Insolvency
e-Way bill to pack in details of vehicle fitness, PUC, insurance – Business Line
The e-Way bill, which currently gives only details of the value of goods being transported, may be packed with more data — for instance, on
Banks, FIs come together for faster resolution of stressed accounts – Business Line
In a bid to expeditiously tackle stressed assets aggregating ₹3.10 lakh crore in the ₹50-500-crore category, 24 banks on Monday signed an Inter-Creditor Agreement (ICA)
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