Against the backdrop of persisting concerns over the future of the ailing airline, Goyal said he has conscientiously taken some hard, personal decisions in extending
Category: IBC-SEBI
Setback for RBI | Business Standard Editorials
Central bank’s role in IBC must not be curtailed Prima facie, the Supreme Court’s judgment quashing the Reserve Bank of India’s (RBI’s) February 12, 2018,
Delayed cash flows and NPAs | Business Standard Column
Many of us in India become inured to a laxity in standards and to the implementation of laws. There may be good reasons for targeting
SC ruling on RBI’s February 12 circular will not impact IBC: Arun Jaitley – The Hindu BusinessLine
RBI will come out with fresh set of ideas for checks and balances, says Finance Minister Finance Minister Arun Jaitley feels the Supreme Court ruling
SC judgment may slow down pace of NPA reduction: Crisil – The Hindu BusinessLine
Crisil elaborated that stressed power assets in the private sector will get the biggest respite from the apex court judgment, as most of them were
Bad loans: SC has undermined RBI | Deccan Herald
The Supreme Court’s quashing of the February 12, 2018, circular of Reserve Bank of India (RBI) may be untenable in resolving contentious issue of stressed
SC ruling on bad loans is a bounty for 70 tycoons with $55 billion outstanding debt–The Print
Indian tycoons whose companies have fallen behind on loan repayments can breathe a bit easier now. The nation’s top court on Tuesday struck down a
Essar case shows Bankruptcy Code is another Indian law ruined by endless litigations–The Print
It is one of the tragedies of India that sooner than later, even the best of legislation is allowed to decay into irrelevance, thanks to
RBI Circular: In one fell swoop, SC punctures RBI’s efforts to tackle bad loans | RBI–Economic Times
SC quashes RBI rules for cos defaulting on loans In a move that may change the very basics of the India’s bankruptcy regime, the Supreme Court today
Banks can now refer defaulters to NCLT on case by case basis: Bankers – The Economic Times
With the Supreme Court nixing February 12 circular, the banks will now have discretion in taking the defaulting companies to NCLT under Insolvency and Bankruptcy Code (IBC), said experts. The Supreme
Legal fraternity divided over apex court order on NPA circular – The Economic Times
The ruling shows that how a questionable administrative decision can be immensely counterproductive. Mumbai-Legal experts have given mixed views on the Supreme Court judgement quashing the Reserve
RBI: Supreme Court strikes down RBI’s February 12 circular on defaulting firms, calls it illegal | RBI february 12 circular–Economic Times
Highlights The circular asked banks to either resolve or file for insolvency. Reference under IBC will be done on case specific basis and with authorisation
bankruptcy law: I am sure RBI will decide in present market conditions: Arun Jaitley on SC verdict on insolvency circular – The Economic Times
After the Supreme Court quashed an RBI circular on the provisions for declaring a company bankrupt even on a one-day overdue, Finance Minister Arun Jaitley Tuesday expressed confidence that the central
Court Fire-Bombs Banking Discipline–Economic Times
The Supreme Court’s ruling quashing the RBI’s February 12 circular is unfortunate. It is a setback for banking and the resolution of bad loans. Indian
RBI: ET view: Huge blow to the bankruptcy code–Economic Times
The Supreme Court has erred in quashing the controversial February 12 RBI circular that imposed stringent conditions on lenders on loan repayments. It was meant to make
SC’s move on RBI’s Feb 12 circular may pose fresh trouble for banks; Moody’s explains how – The Financial Express
Supreme Court’s verdict declaring RBI’s February 12 circular as unconstitutional is credit negative for the banks, said a global rating agency. Following this setback to the
SC order on RBI circular doesn’t take away our right to go to NCLTs: Banks | Business Standard News
Bankers have opined that the Supreme Court quashing the February 12 circular on NPA recognition does not dilute credit discipline and that they will continue the resolution
SC order on RBI circular negative for banks, may defer debt resolution | Business Standard News
Ratings agencies and industry analysts have said the Supreme Court striking down the February 12 RBI circular on loan defaults as credit negative for banks as the debt resolution process may have to be started
SC order raises questions on the way Banking Regulation Act empowered RBI | Business Standard Column
The Supreme Court (SC) order quashing the circular of the Reserve Bank of India (RBI) issued on February 12, 2018, may have given relief to
Setback for RBI | Business Standard Editorials
Prima facie, the Supreme Court’s judgment quashing the Reserve Bank of India’s (RBI’s) February 12, 2018, circular, mandating banks to recognise one-day defaults and invoke