Insolvency and Bankruptcy Code, 2016 Delivering results The Code is considered one of the biggest success stories in the government’s efforts to de-clog the economic
Category: IBC-SEBI
Some good news on economic front | [ Recovery–IBC 2016 ]–Deccan Herald
Arcelor Mittal, the world’s largest steel conglomerate, announced the Rs 42,000-crore acquisition of Essar Steel through the insolvency and bankruptcy resolution process. After a tortuous
Has IBC been successful in reducing India’s stressed assets | INTERVIEW – The Financial Express
Background checks in terms of conflict and integrity should be done for insolvency professionals, with timelines being set to complete proceedings. Insolvency and Bankruptcy Code
What is Finance Bill? Difference between Money Bill and Finance Bill | The Financial Express
What is a Finance Bill? As per Article 110 of the Constitution of India, the Finance Bill is a Money Bill. The Finance Bill is a
Expedite decision on fresh EOIs: NCLT to Jet Airways lenders – The Economic Times
The NCLT on Thursday directed the Committee of Creditors (CoC) of Jet AirwaysNSE 4.79 % to expedite their decision on seeking fresh EoIs in view of new
Raghuram Rajan: Performance on MUDRA loans: PSBs vs. private banks–Economic Times
Former RBI Guv Rajan may have been the first to highlight this risks, but he is not the only one. In September 2018, former Reserve
PMC Bank: HDIL, its promoters have to repay loan to PMC Bank: HC – The Economic Times
The Bombay High Court on Thursday said the HDILNSE -4.23 % and its promoters Rakesh Wadhawan and Sarang Wadhawan will have to repay their loan to crisis-hit Punjab and Maharashtra Cooperative
PMLA vs IBC: Experts explain why battle for primacy is far from over | Business Standard Column
In a bid to make way for a better insolvency resolution process, the Union Cabinet has approved a set of amendments to the Insolvency and Bankruptcy Code (IBC) through
What is Cash Reserve Ratio in India? CRR meaning, formula, RBI | The Financial Express
Cash Reserve Ratio (CRR) RBI meaning, CRR rate: The Cash Reserve Ratio in India is decided by RBI’s Monetary Policy Committee in the periodic Monetary and Credit Policy.
No coercive steps against Bhushan Steel ex-promoter Neeraj Singal in PMLA matter related to fraud case: Delhi HC to ED – The Financial Express
According to Singal’s plea, section 447 of the Companies Act which provides the punishment for fraud was added to the scheduled offences after the amendment
IBC: The unresolved components of insolvency law – The Financial Express
By SR Patnaik The Insolvency and Bankruptcy Code, 2016, was introduced to promote the ease of doing business in India, with an objective of addressing
Ericsson wants RCom’s refund plea rejected, with costs – The Economic Times
Ericsson has said a bankruptcy tribunal can’t “adjudicate” on pleas by Reliance CommunicationsNSE 5.56 % for a refund of Rs 550 crore from the Swedish telecom equipment maker,
SBI under-reported bad loans by Rs 11,932 crore in FY19, says RBI report
The Reserve Bank of India has found that State Bank of India (SBI) has under-reported bad loans by Rs 11,932 crore during the financial year
Credit crisis is easing in India, but only for safest corporate borrowers | Business Standard News
India’s credit crisis appears to be winding down for the safest borrowers, but it’s hardly time to celebrate as weaker firms still struggle. Policy makers
Minimum 100 home buyers needed for insolvency plea against builders – The Economic Times
The much hailed accreditation as financial creditors to home buyers now comes with riders. Home buyers, willing to take the developer to an insolvency court, will now have to
Rajnish Kumar: Essar resolution likely to boost Q3 profit: SBI Chief – The Economic Times
State Bank of India chairman Rajnish Kumar expects profit in the third quarter to get a boost from the resolution of the Essar Steel insolvency case, which will give
Banks recover ₹6,000 crore in Prayagraj sale – The Economic Times
A consortium of 18 lenders, led by State Bank of IndiaNSE -0.21 % (SBI), have successfully recovered ₹6,000 crore from the sale of the debt-laden Prayagraj Power
MCA’s 2019 Review: Steps for ease in business, insolvency resolution – The Economic Times
In its year-end review, the Ministry of Corporate Affairs (MCA) on Sunday mentioned the various steps it undertook in 2019 for ease of doing business and creating
Cases involving Rs 3.75 lakh cr disposed of at IBC pre-admission stage – The Economic Times
More than 9,600 cases involving a total amount of nearly Rs 3.75 lakh crore have been disposed of at the pre-admission stage of the insolvency law process,
Insolvency law to have positive impact on debt market: Sebi chief – The Economic Times
Sebi Chairman Ajay Tyagi on Monday expressed hope that positive impact of the insolvency law will be visible on the domestic corporate debt market in five years. Describing the Insolvency
aniltikotekar4sme.com 