Tax assessees beware! The Delhi High Court has ruled that non-filing of income tax returns can lead to prosecution even if the taxpayer was entitled
Author: Anil R Tikotekar
Dual jurisdiction under GST opens door for traders’ harassment: CAIT – The Hindu BusinessLine
Traders’ body CAIT on Friday warned that allowing central as well as state tax administrations to initiate action against any taxpayer irrespective of jurisdiction would
A job at hand – The Hindu BusinessLine
Pushing fixed-term employment is the right step, but details need to be worked out The Union Ministry of Labour, according to news reports, has urged
Financial service providers outside the purview of IBC, says NCLAT – The Hindu BusinessLine-R
The National Company Law Appellate Tribunal (NCLAT) and NCLT (Mumbai Bench), in recent judgments, have observed that financial service providers such as non-banking financial companies
IBC delays are hurting banks, economy – OPINION – The Hindu BusinessLine-R
The 180-day deadline shouldn’t be trifled with. While settling points of law, there must be a time limit for for interim litigations The slow pace
Experts call for aligning competition law with IBC for faster NPA resolution – The Hindu BusinessLine-R
The Corporate Affairs Ministry-appointed panel to review the Competition Act should look at aligning the law with the Insolvency and Bankruptcy Code (IBC) 2016, say
IBC-‘We are on track to ensure time-bound resolution ’ – The Hindu BusinessLine-R
For the 1,000-odd cases admitted by the National Company Law Tribunal (NCLT) under the Insolvency and Bankruptcy Code (IBC), time-bound resolution has been a challenge.
Supreme Court bars litigation on resolution plans before submission to NCLT | Business Standard News-R
In the course of its order on Essar Steel, which is undergoing the insolvency proceedings, the Supreme Court on Thursday forbade litigations from any stakeholder over a
IBBI removes 30-day deadline for payment to operational creditors – NEWS – The Hindu BusinessLine-R
The Insolvency and Bankruptcy Board of India has done away with the concept of dissenting financial creditors and removed the 30-day deadline for payment to
IL&FS board chooses advisors for executing a resolution plan – The Hindu BusinessLine
Arpwood Capital Pvt Ltd and JM Financial Consultants Pvt Ltd have been selected as financial and transaction advisors to the IL&FS Group. Alvarez & Marsal
Why incomes, jobs aren’t rising fast enough – The Hindu BusinessLine
The Indian economy doesn’t provide adequate opportunities for the masses with limited skills to earn and learn faster Some economists are vigorously churning out statistics
All you wanted to know about…Dead cat bounce – The Hindu BusinessLine
After falling all the way from 38,090 on September 14 to 34,001 on October 11, the S&P BSE Sensex unexpectedly surged by 732 points this
All you wanted to know about superseding the Board – The Hindu BusinessLine
When a private sector entity like IL&FS (Infrastructure Leasing and Financial Services) defaults on its financial dues and causes mayhem in the markets, what can
Display of sanction plan mandatory at housing project site – The Hindu BusinessLine
In yet another good news for home-buyers, the Supreme Court ruled last week that all housing projects, including those which are not registered under the
High Court suspends insolvency proceedings against Madhucon – POLITICS – The Hindu BusinessLine-R
The Hyderabad High Court suspended the corporate insolvency resolution process against Madhucon Projects Ltd, a construction-cum-infrastructure company. TheCourt suspended the order passed by the National
MSMEs, entrepreneurs engines of growth; have key role to play, says chairman of Club of Rome-India – The Financial Express
By: Shubhra Tandon | New Delhi | Published: October 12, 2018 2:54 AM 2 Shares S Ramadorai who is chairman of Club of Rome-India The scare of
Why Indian mutual funds took a big bet on IL&FS’s (good) bad debt – ET Prime
The sorry shape of IL&FS has one set of people particularly worried. The CEOs of mutual funds, who are collectively holding INR3,000 crore worth of
High-level panel likely to suggest UN model for cross-border insolvency cases – The Economic Times-?????
The model would be on the basis of Centre of Main Interests (COMI), which would be defined. In accordance with COMI, the place of main
Finance Ministry extends deadline for filing September GST returns to October 25 – The Economic Times
The Finance Ministry Sunday extended the deadline for filing summary sales return GSTR-3B for the month of September by five days to October 25. With this extension,
IL&FS crisis may sound death knell for PPP – The Economic Times
Delays, the poor health of sponsors, stressed assets and the reluctance of banks to provide funding has derailed many plans, with several projects headed to