The insolvency tribunal has named three separate interim resolution professionals (IRP) from RBSA Restructuring Advisors LLP to run Reliance Communications (RCom) and its two units, Reliance Telecom Ltd. (RTL)
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.
IBC 2016–The mantra remains maximising value–Economic Times–21.05.2018
Tata Steel has reportedly prevailed in the bidding for Bhushan Steel that was being resolved under the Insolvency and Bankruptcy Code, acquiring a 73% stake.
GST–: Revenue authorities step up efforts to make businesses file GST returns within deadline – The Economic Times–20.05.2018
As per official data, while 57.69 per cent of the GST returns for July were filed within the due date, the figure has now gone
Bankruptcy: Best use of insolvency law is in not using it at all: IBBI chief Sahoo – The Economic Times–20.05.2018-R
Asserting that the insolvency law has brought in behavioural changes among stakeholders, IBBI chief M S Sahoo has said the best use of the Insolvency and Bankruptcy Code would be in
Bhushan Steel: Tata Steel completes Rs 35,200 crore purchase of bankrupt Bhushan Steel – The Economic Times–20.05.2018
Tata Steel has formally taken control of Bhushan Steel , settling about Rs 35,200 crore, or nearly two-thirds, of the loans the bankrupt steelmaker owed to lenders and
GST update: Council asks Centre, states to quickly set up appellate authorities – The Financial Express–20.05.2018
The GST Council has asked the Centre and states to expedite setting up of appellate authorities for aggrieved entities to appeal against orders of the
GST adaptation under lens: Rajasthan depts deduct TDS from contractors, unlawfully – The Financial Express–20.05.2018
In what could bring the state governments’ adaptation to the goods and services tax (GST) into question, a few departments of the Rajasthan government have
Liquidated damages proceeds to attract 18% GST, says AAR – The Financial Express–20.05.2018
Mumbai-based Authority of Advanced Ruling (AAR) for the goods and services tax (GST) has held that payment made on account of ‘liquidated damages’ will attract
IT dept cautions TDS deductors against quarterly filing default – Business Line–20.05.2018
The Income Tax Department (ITD) today cautioned TDS deductors to adhere to the stipulated deadline of May 31 for filing their statements failing which they
Start cutting staff of PCA banks to help them survive – The Financial Express–19.05.2018
If these banks are to have any hope of turning around, fixing the staffing has to an integral part of any turnaround plan. At a
RBI’s Feb Circular: Finance Ministry keeps up demand for relief on insolvency trigger – The Financial Express–19.05.2018
Stressed PSBs said in Thursday’s meeting with the ministry that they would be affected by the RBI rule. The finance ministry will renew calls for
Binani Cement’s CoC asks Dalmia Bharat to match offer of UltraTech | Business Standard News–19.05.2018
The Committee of Creditors (CoC) of Binani Cement on Friday asked Dalmia Bharat Cement led consortium to match the Rs 79.60 billion offer from UltraTech Cement for acquisition of the stressed assets of Binani
With NCLT, NCLAT closing for vacations, insolvency resolutions face delays | Business Standard News–19.05.2018
With the National Company Law Tribunal (NCLT) and the National Company Appellate Law Tribunal (NCLAT) closing for vacations, the resolution process for firms undergoing bankruptcy proceedings are
Battle for Essar Steel: ArcelorMittal sets terms for Rs 70 bn repayment | Business Standard News–19.05.2018
Indian lenders will have access to Rs 70 billion deposited by ArcelorMittal in an escrow account, but only after the L N Mittal-owned company gets
Tata Steel becomes the first to buy a stressed asset under IBC – Business Line–19.05.2018
With the acquisition of Bhushan Steel Ltd (BSL) for ₹35,200 crore, Tata Steel has emerged the first company to acquire a stressed asset under the
GST: Deadline for filing April GSTR-3B return extended by two days – Business Line–19.05.2018
The last date for filing of return in Form GSTR-3B for the month of April has been extended by two days. Taxpayers can now file
NCLT annuls Jaypee Infra’s land mortgage with lenders of Jaypee Associates – Business Line–19.05.2018-R
In a landmark ruling, the National Company Law Tribunal (NCLT) has concluded that Jaypee Infratech’s move to create a mortgage of 759 acres of land
bad loans: Deadlines likely for turnaround of PSU Banks under RBI watch – The Economic Times–18.05.2018
The government is looking to impose strict deadlines on banks that are under the Reserve Bank of India’s watch to implement a turnaround plan. This
PNB: About time PNB takes some rest from banking activity; here’s why–Economic Times–18.05.2018
By Andy Mukherjee Other than the embarrassment of asking the country’s second-largest state-run lender to, well, stop lending, there’s no other reason why India should
PNB Fraud: Nirav Modi scam: US court wants PNB staff probed–Economic Times–18.05.2018
A New York court has called for an investigation into the role of Punjab National Bank employees in the alleged fraud involving Nirav Modi, before deciding
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