The rules set to implement the Insolvency and Bankruptcy Code would appear to be in conflict with the public policy goal of securing the highest
Author: Anil R Tikotekar
The RBI is beginning to bare its fangs – Business Line–23.04.2018
With its recent actions and statements, the RBI is sending out the message that it is no longer business as usual on the regulatory front
demonetisation: GST roadblocks hit India’s export prospects in FY’18: PHD – The Economic Times–22.04.2018
Roadblocks such as delay in GST refunds and after effects of note ban hit India‘s export prospects in 2017-18 amid a revival in global demand mainly in key markets of
Right to equality can be invoked if COC violates IBC: NCLT Chairman – The Economic Times–22.04.2018
National Company Law Tribunal (NCLT) Chairman Justice M M Kumar today said that Article 14 of the Constitution (right to equality) can be invoked if the committee
NCLAT refuses stay on Binani Cement proceedings at Kolkata NCLT – The Financial Express–22.04.2018
The National Company Law Appellate Tribunal (NCLAT) today refused to stay the NCLT proceedings on the resolution process of debt-ridden Binani Cement. The appellate tribunal,
RP tells NCLT Rewant Ruia end beneficiary of Numetal – The Financial Express–22.04.2018
According to the RP, on the date of submission of the Numetal Resolution plan, (Feb 12, 2018), the shareholding of the applicant was: 40% held
Aadhaar, PAN cards mandatory for opening bank accounts, says RBI | Business Standard News–22.04.2018
The Reserve Bank of India (RBI) has made Aadhaar and PAN cards mandatory for opening bank accounts. The RBI said the updated know-your-customer (KYC) requirement was subject to the Supreme Court’s
Due date: Government should fully back tougher NPA norms–Times of India–21.04.2018
There are many explanations for Indian banks’ bad loan crisis, best captured by the increase in stressed assets from 5.9% of loans in March 2011
Bankruptcy: View: India turns a bad-loan tragedy into a bankruptcy farce – The Economic Times-21.04.2018—–*****
India’s banks have waited for more than a decade for a modern bankruptcy code. By Andy Mukherjee Want to screw up a good law? Just
Moving on: How the E-way bill fared in the first fortnight – The Economic Times–21.04.2018
By Tejas Goenka It has been more than two weeks that the e-way bill was made compulsory for inter-state movement of goods. Given that the capacity of
Aadhaar card: RBI makes Aadhaar key to KYC compliance – The Economic Times–21.04.2018
The Reserve Bank of India (RBI) on Friday amended its ‘know your customer’ (KYC) guidelines, making Aadhaar key to conducting customer due diligence by banks and finance
Fraud-hit PNB takes inspiration from Bollywood; intensifies ‘Gandhigiri’ to recover NPAs – The Financial Express–21.04.2018
Sitting silently with placards outside offices and residences of defaulters, the staff of Punjab National Bank hope to name and shame such borrowers to recover
Good news for traders! Single-page GST filing system to be ready in 3-6 months, confirms Finance Secretary – The Financial Express–21.04.2018
The GST Council, headed by finance minister Arun Jaitley and comprising state counterparts, last month discussed on two models of GST returns and suggested that
Why 2018-19 holds the promise of delivering above-normal growth | Business Standard Column–21.04.2018
By all accounts, the new financial year will be a year of recovery. Buoyed by the prospect of a normal monsoon and a return to normalcy after
GST forms: Delinking of provisional credit with tax payment suggested | Business Standard News–21.04.2018
In the effort to evolve a consensus over provisional input tax credit for the goods and services tax (GST), stakeholders have asked the group of ministers (GoM) on the
Govt advances deadline for GST seller returns for April, May, June | Business Standard News–21.04.2018
The government has advanced the deadlines for filing of seller forms under the goods and services tax, GSTR-1, for April, May and June, in comparison to those
Bumper crop expected; wastage, too | Deccan Herald–21.04.2018
The unseasonal rains in April notwithstanding, Punjab, known as the granary of India, expects a bumper harvest. So do most other states, if farmers and
Railways operating ratio indicates failure of its management: Chidambaram–21.04.2018
Former Finance Minister P Chidambaram on Sunday said the available information about the Indian Railways’ operating ratio, the direct indicator of working of the national
Arbitration and Conciliation (Amendment) Bill, 2018: A missed opportunity?–Business Today–20.04.2018
Government’s efforts to improve India’s rank on the index of ease of doing business and ease of dispute resolution are aimed at improving the business
Out of currency | The Indian Express–20.04.2018
The RBI and the Union finance ministry have a lot of answering to do on the renewed currency shortage reported in many states. ATMs running