By Debasish Mallick & Priti Thomas Recently, the NCLAT had dismissed the appeal of Rajputana Properties Private Ltd, originally declared as the highest bidder (H1),
Category: IBC-SEBI
Insolvency & Bankruptcy code: Govt looking at ways to avoid frivolous bids | Business Standard News
It is being considered whether criminal proceedings should be initiated against those not implementing resolution plans or should they be barred from bidding for other
Lessons from RCom mess: Exit of the weak boosts profits for the survivors | Business Standard Column
In his column in Business Standard on Saturday, T N Ninan showed the gloomy environment of private businessmen facing difficulties. There are major difficulties in the Indian arrangements of
IBC reigns supreme over other civil laws, says Delhi High Court | Business Standard News
The Delhi High Court on Friday upheld the supremacy of Insolvency and Bankruptcy Code (IBC) over other civil laws such as those of contracts and
Bad debts to break: Challenges, achievements of India’s insolvency law | Business Standard News
The January 25 Supreme Court judgment on the constitutional validity of India’s fledgling insolvency law in its “entirety” is a booster dose for the lenders
Govt must address group insolvency, runaway bidders issues: Industry – The Hindu BusinessLine
Corporate India expects the Government to take “adequate measures” to resolve issues around ‘Group Insolvency’, runaway and pseudo bidders so as to further strengthen the
IBC to play significant role in India becoming $ 10 trillion economy, says MCA – The Hindu BusinessLine
Insolvency and Bankruptcy code (IBC) will play a significant role in India realising its dream of evolving into a $ 10 trillion economy in foreseeable
KAM reporting to improve audit quality of listed companies: Jamil Khatri | Business Standard Column
Jamil Khatri Audit report of listed companies in the current financial year (FY19) will for the first time contain a section called Key Audit Matters (KAM). In
For corporate India, closer scrutiny of financial numbers comes at a cost | Business Standard Column
In a recent survey conducted by international law firm Baker McKenzie involving 100 Indian C-suite executives, compliance and regulatory scrutiny were identified as the biggest macroeconomic challenge
Vedanta arbitration to liquor tender, here’re last week’s key court orders | Business Standard Column
MMTC loses arbitration case against Vedanta MMTC lost its case against Vedanta Ltd for the fourth time when the Supreme Court last week dismissed its challenge to the award
No NPA tag for IL&FS accounts without our nod, says NCLAT – The Hindu BusinessLine
No bank or financial institution can declare the accounts of debt-ridden IL&FS and its group companies as non-performing assets without the NCLAT’s permission, the appellate
All you wanted to know about… – OPINION – The Hindu BusinessLine
In recent weeks, stock market investors have been hit by sharp swings in prices after news of high promoter pledging, sale of pledged shares by
NBFC: Reserve Bank of India seeks info from NBFCs on moratorium given to borrowers–Economic Times
Amid a controversy on loans against shares, the Reserve Bank of India has asked non-banking finance companies (NBFCs) to disclose the moratorium or grace period given to borrowers. Besides
Anil Ambani’s big service to India–Economic Times
They also serve who stand and get clobbered, if they happen to be a powerful industrialist like Anil Ambani. The Supreme Court order asking Anil
ERA Infra bankruptcy: Lenders may consider ‘stalking horse’ bidding – The Financial Express
By Mitali Salian Lenders to Era Infra Engineering are hoping to put a floor price while inviting bids for the company, its joint ventures and
IBC reigns supreme over other civil laws, says Delhi High Court | Business Standard News
The Delhi High Court on Friday upheld the supremacy of Insolvency and Bankruptcy Code (IBC) over other civil laws such as those of contracts and
Jet Airways: Lessors doubt Jet Airways rescue plan, pull out more planes: Sources–Economic Times
International lessors have grounded more Jet AirwaysNSE 0.71 % planes prior to potentially moving them out of India, as scepticism builds whether a state-led bailout of the
DHFL crisis: Dewan Housing Finance crisis hits home with full force, promoters eye a cash-out–Economic Times
The promoters of Dewan Housing Finance Corp Ltd (DHFLNSE 5.22 %), gripped by a liquidity crisis amid allegations of financial irregularities, have mandated Barclays Group Plc and
Pledged shares and real estate loans are worrying – The Financial Express
Pledged shares and real estate loans are worrying The somewhat reckless lending by NBFCs to promoters against shares of their companies is bound to take
Jet Airways bailout puts focus on India banks’ debt-to-equity losses – The Economic Times
By Rahul Satija From cloth makers to shipyards, Indian banks are getting stuck with shares of companies that are rapidly losing value even as the