Category: IBC-SEBI

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

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

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

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

Unlike earlier, IBC does not allow promoters to run the show without paying their debts — provided the loopholes are plugged One of my friends,

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,

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

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

The Mumbai bench of the National Company Law Tribunal (NCLT) has accepted a bid by an unregistered union of the premium apparel brand Reid &

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

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

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

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

But the jury is still out on whether the IBC process is fully serving its intended purpose In a recent social media post, Finance Minister

There are many ideas that are under implementation and discussion to support the new code. The finance minister Arun Jaitley has hinted at a possible

It has not given bankers the realisations they had hoped for. Now the government has unveiled a new approach even while they are modifying the

Debt-laden Jet Airways is close to reaching a deal with State Bank of India (SBI) for a fresh loan of ₹15 billion ($215 million) to meet its

The National Company Law Tribunal (NCLT) has removed the statutory auditor of Zen Shaving and allowed the Ministry of Corporate Affairs (MCA) to appoint an independent director in his