Category: IBC-SEBI

The National Company Law Appellate Tribunal (NCLAT) on Friday asked the Enforcement Directorate and the Corporate Affairs Ministry to reach a consensus on the issue of attachment

What India needs to do to better ease of doing business score – The Economic Times

By Jaideep Mishra A perceptible improvement to India’s ranking in the World Bank’s ‘ease of doing business’ (EDB) index is welcome news. It provides scores

Welcome rise in Ease of Doing Business–Economic Times

It is impressive indeed that India’s rank in the World Bank’s Ease of Doing Business 2020 index has vaulted 14 places to 63rd among 190

‘Ease of doing business’ rankings improves but wooing investors requires reform and correction on government’s part–Times of India

In a development that holds out hope for India in attracting FDI, it recorded a further improvement in the World Bank’s ease of doing business

Beer price cartel: Carlsberg, United Breweries and AB InBev colluded to fix prices, finds CCI probe – The Financial Express

The three brewers, who according to IWSR Drinks Market Analysis account for about 85% of beer consumption in the billion India market, together face a

Sort out Bhushan Power and Steel asset issue: NCLAT to MCA and ED | Business Standard News

The National Company Law Appellate Tribunal (NCLAT) on Friday asked the Ministry of Corporate Affairs (MCA) and the Directorate of Enforcement (ED) to sort out whether the

NCLAT: Vikram Bakshi withdraws plea for permission to travel abroad – The Hindu BusinessLine

Former joint venture partner of American burger chain McDonald’s, Vikram Bakshi on Friday withdrew his application seeking permission to travel abroad, which was filed before

DHFL: KPMG audit finds fund misuse by DHFL–Economic Times

DHFL had total loans and advances of Rs 97,977 crore at the end of March. Financial lenders are working on a resolution plan submitted by

‘Conflict between probe agencies, NCLT to be resolved soon’ – The Hindu BusinessLine

Ease of doing biz: Top 50 ranking is our target, says Sitharaman Finance Minister Nirmala Sitharaman has assured that a solution will be found soon

Alternative data key to providing credit to the uncovered: TransUnion CIBIL COO – The Hindu BusinessLine

10 economies including India implement one-fifth of all reforms: World Bank report India’s significant improvement in the World Bank’s Ease of Doing Business ranking (it

MSMEs welcome jump in Ease of Doing Business rank but say ground level change still missing – The Financial Express

The country also saw a jump in resolving insolvency category from 108th last year to 52nd position. Ease of Doing Business for MSMEs: Amid India’s growth

Companies undergoing restructuring attract taxman’s gaze – The Economic Times

A tax official said that the tax department may not object to a merger or restructuring plan but can still question the treatment of goodwill.

Make banking stress less distressing–Economic Times

Banks have reportedly been forced to put bad loans worth Rs 40,000 crore on sale in the first half of FY20 following delays in the

McDonald’s case: NCLAT asks Vikram Bakshi to deposit Rs 5 cr for permission to travel abroad – The Financial Express

In September, NCLAT had said it will review the settlement between fast food major McDonald’s and its Indian partner Vikram Bakshi over the sale of

KPMG forensic audit finds fund diversion from DHFL to promoter-led entities | Business Standard News

A forensic audit conducted by KPMG on Dewan Housing Finance (DHFL) has confirmed siphoning of funds from the beleaguered non-banking financial company (NBFC) to a host of

M&A deals set to surge further as founders face cash squeeze, says Axis Capital – The Hindu BusinessLine

The financing squeeze has already taken a toll on the country’s economic expansion, which in turn erodes borrowers’ capability to repay further Deal volumes in

Former SEBI chairman UK Sinha’s recommendations for group insolvency – The Hindu BusinessLine