The Supreme Court said on Friday that it would settle grey areas in the insolvency and bankruptcy code (IBC) to see what role homebuyers could play in liquidation proceedings. The
Author: Anil R Tikotekar
| वॉलमार्ट वाकुल्या | लोकसत्ता –12.05.2018
शेतकरी, सामान्य ग्राहक यांच्या हिताचे ध्येय बाळगायचे तर वॉलमार्टला यापूर्वीच भारतात येऊ द्यायला हवे होते. तब्बल १६०० कोटी डॉलर्स मोजून भारतातील फ्लिपकार्ट विकत घेण्याच्या वॉलमार्ट
Insolvency and Bankruptcy Code: IBC ordinance may restrict relief proposed for MSMEs – The Economic Times–12.05.2018
The government has further revised the ordinance it proposes to move to make changes to the Insolvency and Bankruptcy Code (IBC). The updated note that will be sent to
MSMEs: Centre to double credit guarantee to MSMEs – The Economic Times–12.05.2018
In a bid to tackle trade finance woes of micro, small and medium enterprises (MSMEs), the Union Government announced that it would double the credit
NCLAT admits Numetal plea, hearing on May 17 – The Financial Express–12.05.2018
The National Company Law Appellate Tribunal (NCLAT) on Friday admitted Numetal’s plea against the decision of committee of creditors (CoC) of Essar Steel, which said
Adhunik Metaliks: NCLT keeps issue of additional time open – The Financial Express–12.05.2018
The Kolkata bench of the National Company Law Tribunal (NCLT) on Friday kept the issue of exclusion of requisite number of days from the mandated
No consensus on GST concession for digital payments – Business Line–12.05.2018
The Group of State Finance Ministers, which met here on Friday to decide on providing a 2 percentage point concession in the GST rate for
GST–Keep it good and simple – Business Line–12.05.2018
When the Goods and Services Tax was introduced on July 1, 2017, 16 cesses were abolished, to make the new tax structure cleaner. Prime Minister
SC gives IBC process a boost on loan waivers – The Financial Express–11.05.2018
Given how a large part of the government’s plan to revive investments is predicated on a successful conclusion of the insolvency process under the Insolvency
SC decision gives IBC process a fillip – The Financial Express–11.05.2018
The recent Supreme Court decision holding that the waiver of loan is not income in the hands of the borrower could not have come at
Binani Cement Insolvency: SC rejects Dalmia plea for stay on NCLAT order – The Financial Express–11.05.2018
The NCLAT’s interim order had stated that during the pendency of Dalmia Bharat’s appeal, the CoC can approve any plan it deems fit but that
NCLT reserves judgment on Monnet Ispat resolution plan – The Financial Express–11.05.2018
The Mumbai bench of the National Company Law Tribunal (NCLT) reserved its judgment on JSW Steel-Aion Investment’s resolution plan for Monnet Ispat after legal counsels
Binani sale: SC won’t interfere, pushes Dalmia Bharat’s plea back to NCLAT | Business Standard News–11.05.2018
The Supreme Court on Thursday showed for the second time its disinclination to intervene in the Binani Cement takeover case. Although it disposed of the plea by Dalmia
Banks bat for ‘Swiss Challenge’ method in IBC resolution cases ; Business Line–11.05.2018
In an effort to curb the crab mentality among litigious bidders to acquire stressed assets under the Insolvency and Bankruptcy Code (IBC), banks, in a
Even kin of independent directors should not have financial links with firms, promoters: Govt – Business Line–11.05.2018
In a bid to step up corporate governance practices, the government has tightened norms for independent directors so as to ensure that even their relatives
GSTR1, e-way bills data to be matched to curb tax evasion – Business Line–11.05.2018
To curb tax evasion, authorities will start matching details given in the Goods and Services Tax Return (GSTR) Form Number 1 with those given in
Essar Steel insolvency case: Numetal moves NCLAT against CoC | The Indian Express–11.05.2018
Apart from Numetal’s two petitions, ArcelorMittal too had moved NCLAT earlier challenging the decision of the RP and CoC that cancelled its first bid. Numetal
Online retail flip: on the Walmart-Flipkart deal – The Hindu–11.05.2018
India’s e-commerce market, which accounts for less than a tenth of its overall retail opportunity, has just got a significant thumbs-up from American supermarket giant
| वॉलमार्टचा प्रवेश – महाराष्ट्र टाइम्स –11.05.2018
भारतात जन्म झालेल्या फ्लिफकार्ट या कंपनीचा ७७ टक्के हिस्सा विकत घेऊन अमेरिकेतील ‘वॉलमार्ट’ने भारताच्या बाजारपेठेत प्रवेश केला आहे. वॉलमार्ट आणि फ्लिफकार्ट यांच्यातील व्यवहार हा भारतीय
Bankers converting entire unsustainable debt portion into equity in bankruptcy referred companies–Business Today–10.05.2018
Kolkata-based Electrosteel Steels Limited, with debt of Rs 14,000 crore plus, recently became the first company from the dozen large distressed cases shortlisted by the