The Committee of Creditors (CoC) is not being proactive enough in dealing with the cases, Insolvency and Bankruptcy Board of India (IBBI) chairman M.S. Sahoo said on
Author: Anil R Tikotekar
Centre can’t afford to cut taxes on something as remunerative as fuel – The Hindu–27.05.2018
With petrol and diesel prices hitting record levels over the past few days, calls from industry chambers and consumers for the government to cut its excise duty
Crude oil may derail economy–Deccan Chronicle–27.05.2018
India’s macro-economic indicators are expected to take a hit this year, with crude oil expected to remain elevated at $75 a barrel. “A rise in
Insolvency and Bankruptcy Code: IBC not being used to full extent; CoCs need to do more: M S Sahoo – The Economic Times–26.05.2018-R
Objective of the bankruptcy law is to resolve an insolvency and revive an asset for collective good and not to maximise value for a chosen
How to moderate retail fuel prices–Economic Times–26.05.2018
The government is reportedly still deliberating options to bring down soaring retail oil prices, which have been raised daily for over ten days now following
Not even Rs 1 lakh crore NPA resolved and 26 banks sitting on whopping Rs 7.3 lakh crore bad loans volcano – The Financial Express–26.05.2018-R
The NPAs of 26 banks were Rs 7.31 lakh crore on March 31, 2018. Narendra Modi government’s Insolvency and Bankruptcy Code (IBC) was hugely celebrated after
IBC, GST, JAM…but for jobs, a good start – The Financial Express–26.05.2018
Achche din may be several years away, but the NDA government under Prime Minister Narendra Modi must get full marks for trying. Four years into the government’s
Tata Steel’s takeover of Bhushan Steel: IBC’s ‘operational’ test case | Business Standard News–26.05.2018
A series of tweets from Piyush Goyal, the officiating minister in the ministry of finance, on Friday set the tone of government narrative on the
Timely amendments: Govt steps in to deal with IBC’s effect on SMEs, realty | Business Standard Editorials–26.05.2018
The Union Cabinet approved an Ordinance on Wednesday that amended the new Insolvency and Bankruptcy Code (IBC) in an attempt to fill in some gaps in the
IBC not being used to full extent; lenders need to do more: IBBI chief | Business Standard News–26.05.2018-R
The objective of the bankruptcy law is to resolve an insolvency and revive an asset for the collective good and not to maximise value for a chosen few, Insolvency and Bankruptcy Board of India chairman M
Corporate debtors must get shareholders’ approval to initiate insolvency process – Business Line–26.05.2018
Shareholders’ approval through a special resolution is a must for a ‘corporate debtor’ to apply for initiation of insolvency process. Simply put, a company (corporate
Fuel Price Hike:government on fuel price hike | टोलवाटोलवीला इंधन – Maharashtra Times–26.05.2018
पेट्रोल आणि डिझेलचे दर रोज नवे उच्चांक प्रस्थापित करून सर्वसामान्यांचे आर्थिक गणित बिघडवत असताना त्यांना थोडाफार दिलासा देण्याऐवजी केंद्र आणि राज्य सरकार परस्परांना कर कमी
NCLAT admits banks’ petition over Jaypee Infratech land | business news | Hindustan Times–26.05.2018
The National Company Law Appellate Tribunal on Thursday admitted a petition filed by banks against the NCLT order which had directed Jaiprakash Associates to return
$32 billion bank recap plan for state banks tumbles, as losses mount | business news | Hindustan Times–26.05.2018
When the government announced a surprise $32 billion bailout plan for the nation’s state-controlled banks last October, credit rating firms and the nation’s central bank
Seller beware: homebuyers and Bankruptcy Code – The Hindu–26.05.2018
The proposed change to the Bankruptcy Code must treat homebuyers a step above lenders Homebuyers parted of their money by real estate developers have some relief coming
5 things to keep in mind about using credit cards while going on an international trip | | Loksatta–25.05.2018
परदेशात जाताना सर्व पैसा रोख नेण्याची गरज नसते. तसे करणे धोक्याचे आणि अडचणीचे ठरु शकते, तसेच परदेशी चलन घेतानासुद्धा बरीच गुंतागुंतीची प्रक्रिया असल्याने अनेकजण क्रेडिट
Bankruptcy Act in india developer narendra modi government | बुडण्यानंतरचे तरंगणे | Loksatta–25.05.2018
सर्वसामान्य घरखरेदीदार तसेच लघू व मध्यम उद्योजकांच्या गुंतवणूक सुरक्षेबाबत केंद्र सरकारने अलीकडेच घेतलेला निर्णय स्वागतार्ह ठरतो. नियमांच्या अधीन राहून संपत्तीनिर्मिती सहजपणाने करता येणे जसे आवश्यक
Lenders move NCLAT for early hearing in Essar Steel case–25.05.2018
Essar Steel lenders have moved the National Company Law Appellate Tribunal seeking an early hearing of appeals filed by suitors for the insolvency-bound firm, saying
Bankruptcy ordinance: Government extends lifeline to distressed homebuyers–Times of India–25.05.2018
The Insolvency and Bankruptcy Code is the most important economic reform the Modi government has initiated and seen through. But in cases of real estate
Signals from a bankruptcy | The Indian Express–25.05.2018
A Taliban prisoner once told an American soldier: “You have the watches, but we have the time.” His quip was not different from what defaulting