The Supreme Court on Tuesday asked the Centre to detail the composition of the Insolvency Law Committee set up to identify and suggest ways to address issues
Category: IBC-SEBI
NCLAT asks Liberty House if it will go ahead with Amtek Auto resolution | Business Standard News
The National Company Law Appellate Tribunal (NCLAT) has asked if UK-based Liberty House is willing to go ahead with its resolution plan for the debt-ridden Amtek Auto in which
Section 74 of insolvency code needed, but can deter bidders: Experts | Business Standard News
The jury is still out on Section 74 of the Insolvency and Bankruptcy Code (IBC), which details provisions for punishment of company officials who breach
Object of IBC paramount, says NCLT – BUSINESS – The Hindu
The Mumbai Bench of the National Company Law Tribunal (NCLT) has observed that rejection of a resolution plan on technicalities, without going into its merits,
Jet Airways is said to seek to rework vendor contracts to cut costs | business news | Hindustan Times
Debt-laden Jet Airways India Ltd. is trying to renegotiate contracts with its vendors as lenders demand a revival plan by month-end from India’s second-largest airline
SC asks RCom, RJio to resolve issues over past dues by Jan 11 – The Economic Times
The Supreme Court Monday asked Reliance CommunicationsNSE -0.71 % Ltd (RCom) and Reliance Jio to take a decision by January 11 over the settlement of past dues to DoT, which is yet
10 years after Satyam, independent directors more than just a ticking box | Business Standard Column
The 2009-financial fraud at Satyam had put the spotlight on the role of independent directors in the company’s board like never before. The Satyam board
10 years after Satyam: Who’s who in the business scandal that shocked India | Business Standard Column
B Ramalinga Raju: Former chairman and founder, Satyam Computer Services The eldest of four siblings in a farming family, B Ramalinga Raju’s tryst with business
10 years after Satyam, auditors still can’t flag a management fraud | Business Standard Column
Ten years after the financial scam at Satyam Computer Services, audit fraternity says it is still tough to detect fraud perpetrated by the management in
Satyam scam: Regulation is better, but implementation has a long way to go | Business Standard Column
A string of regulatory changes since the Satyam scandal a decade ago has made the framework for handling such issues far stronger. But, structural issues
Time to sort out IBC’s teething troubles – The Hindu BusinessLine
Unlike earlier, IBC does not allow promoters to run the show without paying their debts — provided the loopholes are plugged One of my friends,
A wobbly Jet – The Hindu BusinessLine
Even if the airline goes into bankruptcy, the Centre should allow due process to unfold The beleaguered Jet Airways’ woes got much worse last week,
Boost for banks with big loans against property – The Economic Times
Banks with a larger share of loans against property are likely to benefit from the RBI’s latest relief on small value loans to micro and
Corporate affairs ministry to collect KYC details of companies, CAs – The Economic Times
Corporate affairs secretary Injeti Srinivas said the ministry would be doing the KYC process for companies, which would be a major step wherein the MCA21
Fast-track hiring to overcome manpower shortage due to retirements: Parliamentary panel to PSBs – The Economic Times
The committee has made a case for more incentives and a better remuneration package for senior management of PSBs to reduce the wide gap in
Reid and Taylor: NCLT stalls liquidation, accepts union bid for company – The Economic Times
The Mumbai bench of the National Company Law Tribunal (NCLT) has accepted a bid by an unregistered union of the premium apparel brand Reid &
Ericsson attempting media trial to recover dues; jeopardising interest of secured lenders: Reliance Communications – The Financial Express
Both the telecom firms, RCom and Reliance Jio had reportedly approached telecom ministry on Friday for clarity on its stand on the spectrum deal. RCom’s
Decide expeditiously: NCLAT to Ahmedabad bench on Essar insolvency case – The Financial Express
A two-member NCLAT bench, headed by chairman Justice S J Mukhopadhaya, asked the NCLT bench to take an early decision in the matter as per
Insolvency issue: Essar invokes NCLT’s ‘spirit of IBC’ remark – The Financial Express
More than 90% of Essar Steel’s committee of creditors had voted in favour of the bid by Arcelor Mittal, which has promised Rs 39,500 crore
Gujarat tax dept moves NCLT against Essar’s resolution professional | Business Standard News
The Gujarat state tax department has filed a petition against the resolution professional of Essar Steel at the Ahmedabad Bench of the National Company Law Tribunal (NCLT), seeking details of the