With the man behind that rule out of the way on Mint Street, the permission to restructure SME loans by the new Governor Shaktikanta Das
Category: IBC-SEBI
Lok Sabha passes Companies (Amendment) Bill – The Economic Times
Lok Sabha on Friday passed the Companies( Amendment) Bill, 2018 that seeks to improve ease of doing business, declog the NCLT and prescribe strong action against non-compliant companies.
Jet Airways India: Jet Airways needed one rupee to avert this tailspin–Economic Times
By Andy Mukherjee All Jet Airways IndiaNSE -0.81 % Ltd. ever needed was 1 rupee, or just 1.4 U.S. cents, for providing hot meals and cold towels.
Don’t grow complacent with India’s improved Ease of Doing Business ranking: Plenty of red tape still ties us up–Times of India
Don’t grow complacent with India’s improved Ease of Doing Business ranking: Plenty of red tape still ties us up We have recently been basking in
Power sector NPAs a class of their own–Economic Times
The cases of as many as 34 financially stressed power projects, with a capacity of 40 GW and with bank exposure of over Rs 1.8
Insolvency & Bankruptcy Code: Less delay, more reform–Economic Times
Last month, 13 economists, including IMF chief economist Gita Gopinath and former RBI governor Raghuram Rajan, praised India’s bankruptcy law while charting an economic strategy
Ericsson-Anil Ambani dispute: Ericsson seeks jail for RCom chairman Anil Ambani unless dues cleared – The Economic Times
Ambani had given a personal guarantee in the court, backing prompt payment of Rs 550 crore to Ericsson. Telecom equipment maker Ericsson filed its second contempt petition
Essar Steel insolvency case: Creditors knock NCLAT door to expedite – The Economic Times
On October 25, more than 92 per cent of the creditors at Essar Steel voted in favour of a proposal by ArcelorMittal, The committee of
Gujarat Ambuja Exports faces insolvency petition at NCLT – The Economic Times
The case has been being filed by Delta Global Resources, which supplied coal to Gujarat Ambuja, said a company executive. Gujarat Ambuja Exports, a manufacturer of starchNSE
Jet Airways delays loan repayments to banks – The Economic Times
Jet has also proposed to SBI and the lending consortium for liquidity assistance and alternatively to convert its loans to equity. Jet Airways has delayed loan
RCom: Ericsson to again move court against Anil Ambani as RCom fails to pay up–Economic Times
Ericsson is set to file a second contempt of court petition against Reliance Communications’ (RComNSE -2.53 %) chairman Anil Ambani for failing to repay dues on time despite
Sec 29 of IBC law: Planned changes to fix grey areas – The Financial Express
The new relaxation will allow bidders to show that, while they are related to defaulters, their businesses are quite distinct. Given how powerful industrialists hoodwinked
NCLAT directs NCLT Bench to speed up Essar Steel hearing – The Hindu BusinessLine
The matter is listed at NCLT Ahmedabad on January 7 for next hearing The National Company Law Appellate Tribunal (NCLAT) has directed the Ahmedabad Bench
FM sees light at end of Essar, Bhushan insolvency tunnel – The Hindu BusinessLine
‘Creditors may realise 70,000 crore by March-end through 12 big-ticket resolutions’ Asserting that the “early harvest” through the Insolvency and Bankruptcy Code (IBC) has been
The Insolvency and Bankruptcy Code: Economic growth: One good policy, and a few more to go – The Economic Times
By Taponeel Mukherjee Access to credit, data and transportation are among the most crucial drivers of economic well-being. To ensure better access to critical needs in India,
Bankruptcy: Insolvency law committee calls for stakeholder views – The Economic Times
The Insolvency Law Committee has called for suggestions from stakeholders on the provisions of the Insolvency and Bankruptcy Code as well as the rules and regulations. The government had
Arun Jaitley’s big message to defaulters: ‘IBC instilling fear’ – The Financial Express
Potential loan defaulters have started paying up as the Insolvency and Bankruptcy Code (IBC) has instilled the fear of losing their businesses if they cross
2019 may finally put an end to India’s banking woes – The Economic Times
RBI’s proposed public credit registry for aggregating information about borrowers from multiple agencies at one place is expected to repeat the performance in retail loans.
IBC: India Inc’s sudden and gradual road to freedom – The Economic Times
Till date, IBC has resolved cases involving debt of Rs 3 lakh crore comprising Rs 1.2 lakh crore at the pre-admission stage. The Insolvency and Bankruptcy
Rational Expectations: Fix government policy, or NPAs will rise again – The Financial Express
A severe stress situation is one where, for instance, GDP growth collapses to 5% in FY19 and then to 4.4% in FY20 while the fiscal