On April 1, the bonds of the Chinese government and its three policy banks responsible for financing economic and trade development and state investment projects
Category: IBC-SEBI
RBI cracks the whip on auditors, wants them to keep eye on five key areas | Business Standard News
The Reserve Bank of India (RBI) has asked bank auditors to keep a close watch on five key parameters and is to reassign its senior
RBI vs RTI | Business Standard Column
For the Reserve Bank of India (RBI), the current month of April has not been very pleasant as far as its dealings with the Supreme
IBC resolution: Towards the inevitable | Business Standard Column
Three years ago, I wrote the first of nine articles on the new bankruptcy code. That piece was titled Bankruptcy Law: State – 1; Market
Check this out: Hotel Leela’s asset monetisation deal – The Hindu BusinessLine
With the Securities and Exchange Board of India (SEBI) restraining Hotel Leelaventures from selling its hotel properties to Brookfield Asset Management pending further investigation, the
Insolvency and Bankruptcy Board of India
Limited Insolvency Examination, 1st November, 2018 The Board hereby publishes the syllabus, format etc. of the Limited Insolvency Examination (Examination) under regulation 3(3) of the
National Company Law Tribunal: NCLT issues notices to Axis, StanC, Ramesh Bawa kin – The Economic Times
A Mumbai bench of the National Company Law Tribunal (NCLT) has issued notices to the CEOs of Axis BankNSE 2.56 % and Standard Chartered Bank on a plea by the Ministry of Corporate Affairs (MCA)
Amitabh Chaudhry: CEOs of Axis Bank, Standard Chartered face contempt plea–Economic Times
The Ministry of Corporate Affairs (MCA) has filed contempt applications against Axis BankNSE 2.56 % CEO Amitabh Chaudhry and Standard Chartered Bank India CEO Zarin Daruwala in the Mumbai bench of the National
RBI: Disclose defaulters list, NPAs of banks under RTI: SC gives final warning to RBI–Economic Times
SC directs RBI to disclose information on bank inspection report under RTI The Supreme Court rapped the RBI, directing it withdraw its 2016 policy on non-disclosure
Supreme Court vs RBI: Naming and shaming will curb wilful defaults, usher in transparency – The Financial Express
RBI: Supreme Court gives final warning to RBI to disclose information about NPAs, bank inspection reports. Bank NPAs: Supreme Court’s direction to the RBI to disclose its annual
RBI’s Feb 12 circular: SC ruling doesn’t undermine IBC – The Financial Express
By way of the Circular, RBI, rather than getting into a case- or sector-specific default, set out conditions under which banks were mandatorily required to
Resolution plans yielded 200% of liquidation value for creditors: IBBI chief – The Financial Express
Resolution plans under the Insolvency and Bankruptcy Code (IBC) have yielded double the liquidation value for creditors who are realising an average 45% of their
Naresh Goyal’s late departure hit Jet Airways revival: Sunil Mehta – The Economic Times
When asked if the bank is open to acquiring other lenders, Mehta said that the bank has now made a turnaround and can consider offers.
deloitte: MCA ready to strike against IL&FS tainted Deloitte – The Economic Times
The Ministry of Corporate Affairs is ready to strike against Deloitte Haskins and Sells in the murky IL&FS case. IANS learns that MCA has taken an aggressive view over malpractices by
Ruchi Soya insolvency: Lenders to meet Friday to consider Patanjali’s revised offer – The Economic Times
Patanjali Ayurved had approached NCLT challenging the decision of Ruchi Soya’s lenders to approve Adani Wilmar’s Rs 6,000 crore takeover bid. Lenders of debt-ridden Ruchi SoyaNSE
Jaypee Infratech: NBCC, Suraksha plans offer little for operational creditors – The Financial Express
JIL’s committee of creditors (CoC) is scheduled to meet on Friday to evaluate the two bids. State-owned NBCC, in its revised bid for assets of
Don’t blame banks for sticky loan rates – The Hindu BusinessLine
It is a fact that in a developing economy a lower interest rate regime drives up consumption and consequently triggers the investment cycle, contributing to
IBC: Changes, challenges and interpretation of bankruptcy law
IBC mandates that an insolvent asset must be resolved in 270 days. Next month, it would be 3 years since Parliament enacted the bankruptcy law. There
ITC moves NCLT seeking to cancel Leela sale; hearing on June 18 – The Economic Times
In another development, Leelaventure in a BSE filing Wednesday said markets regulator Sebi has asked it to hold the sale of its four hotels and
Ericsson moves Supreme Court against returning Rs 580 crore to Anil Ambani’s RCom – The Financial Express
Swedish telecom network company Ericsson has moved the Supreme Court against potentially having to return Rs 580 crore to Reliance Communications according to an NCLAT
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