Clipped from: https://www.thehindubusinessline.com/money-and-banking/piramal-enterprises-ltd-will-continue-to-pursue-the-matter-as-multiple-legal-options-available/article64942898.ece Earlier, 63 Moons had petitioned NCLAT against Piramal regarding ascribing the value of recoverable assets Piramal Enterprises Ltd on Friday said it will
Category: IBC-SEBI
Cartelisation charges: SC rejects pleas of tyre makers CEAT, MRF & others – The Financial Express
Clipped from: https://www.financialexpress.com/industry/cartelisation-charges-sc-rejects-pleas-of-tyre-makers-ceat-mrf-others/2418990/ The SC, however, said the parties can challenge the final order passed by the CCI in accordance with law. The HC had in
DHFL case: Piramal mulls legal options as NCLAT seeks CoC to consider 63 Moons’ plea – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/piramal-enterprises-ltd-will-continue-to-pursue-the-matter-as-multiple-legal-options-available/article64942898.ece Earlier, 63 Moons had petitioned NCLAT against Piramal regarding ascribing the value of recoverable assets Piramal Enterprises Ltd on Friday said it will
Why Future Group has challenged insolvency proceedings in SC | Explained News,The Indian Express
Clipped from: https://indianexpress.com/article/explained/future-retail-supreme-court-loans-insolvency-proceedings-7742454/ Future Retail has moved the Supreme Court seeking protection from being declared a defaulter for failing to pay loan dues of Rs 3,494.56
Over a third of top-500 firms yet to split chair-and-MD post – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/companies/over-a-third-of-top-500-firms-yet-to-split-post-of-chairman-mdceo/article64940255.ece Almost half the companies yet to comply with full SEBI provisions Over a third of the top 500 companies by market cap are
Over a third of top-500 firms yet to split chair-and-MD post – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/companies/over-a-third-of-top-500-firms-yet-to-split-post-of-chairman-mdceo/article64940255.ece Almost half the companies yet to comply with full SEBI provisions Over a third of the top 500 companies by market cap are
SC stays SAT order directing Sebi’s AO to appear before it | Business Standard News
Clipped from: https://www.business-standard.com/article/current-affairs/sc-stays-sat-order-directing-sebi-s-ao-to-appear-before-it-122012401167_1.html A bench of Justices Vineet Saran and Aniruddha Bose issued notice on an appeal filed by the Securities and Exchange Board of India
Scrap retail reservation in IPOs – The Financial Express
Clipped from: https://www.financialexpress.com/opinion/scrap-retail-reservation-in-ipos/2413485/ The complexities of the new financial models and AI-based games, and adventurous retail investors are a strong argument for this Armed with such
Senior-level panel looking into resignation of 3 independent directors of PFS: PTC India – The Financial Express
Clipped from: https://www.financialexpress.com/industry/senior-level-panel-looking-into-resignation-of-3-independent-directors-of-pfs-ptc-india/2412022/ In their resignation letters, the three directors had alleged that certain actions of the chairman of the board and managing director of the
No tax claims after winding up order of company passed, says CBIC – The Economic Times
No tax claims after winding up order of company passed, says CBIC – The Economic Times https://economictimes.indiatimes.com/news/economy/policy/no-tax-claims-after-winding-up-order-of-company-passed-says-cbic/articleshow/89051544.cmsThe circular says in case of a bankrupt defaulter,
ICICI Bank informs exchanges of inadvertent trade by designated person – The Hindu BusinessLine
lipped from: https://www.thehindubusinessline.com/money-and-banking/icici-bank-informs-exchanges-of-inadvertent-trade-by-designated-person/article64930366.ece Imposes penalty of ₹2 lakh on Independent Director ICICI Bank on Saturday informed the stock exchanges of an inadvertent trade by its Independent
Time to enhance MFs overseas investment limit – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/markets/time-to-enhance-mfs-overseas-investment-limit/article64928400.ece SEBI can give freedom to fund managers to decide on restriction/suspension Motilal Oswal Mutual Fund recently announced temporarily stopping of lump sum and
ibc: Income tax cannot raise fresh claims after resolution plan approved under IBC: Bombay High Court – The Economic Times
ibc: Income tax cannot raise fresh claims after resolution plan approved under IBC: Bombay High Court – The Economic Times https://economictimes.indiatimes.com/news/economy/policy/income-tax-cannot-raise-fresh-claims-after-resolution-plan-approved-under-ibc-bombay-high-court/articleshow/89019195.cmsThe tax department had issued
reliance capital: Challenges of Reliance Capital insolvency: fragmented debt, inviting bids using subsidiaries’ value – The Economic Times
Clipped from: https://economictimes.indiatimes.com/prime/corporate-governance/challenges-of-reliance-capital-insolvency-fragmented-debt-inviting-bids-using-subsidiaries-value/primearticleshow/89002664.cms SynopsisReliance Capital is the seventh ADAG company facing bankruptcy proceedings. At one point, it was the third-largest financial company in India after HDFC
NCLAT issues stay order on insolvency proceedings against HCL Tech | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/nclat-issues-stay-order-on-insolvency-proceedings-against-hcl-tech-122011901494_1.html Case against HCL Tech was filed with NCLT in 2019 by Sahaj Bharti Travels, which claimed HCL Tech had continued to default on
The retail risk | Business Standard Editorials
Clipped from: https://www.business-standard.com/article/opinion/the-retail-risk-122011901884_1.html Stock market may test retail participation this year The strong bull run of last year in the stock market was driven and buttressed
PO & Preferential issue-What to make of SEBI’s new norms – The Financial Express
Clipped from: https://www.financialexpress.com/opinion/po-preferential-issue-what-to-make-of-sebis-new-norms/2409892/ While some changes have been reactionary, quite a few have been made keeping in mind the long pipeline of IPOs, especially of new-age
IBBI bars IIV Registered Valuers Foundation from enrolling members for 6 months – The Hindu BusinessLine
lipped from: https://www.thehindubusinessline.com/money-and-banking/ibbi-bars-iiv-registered-valuers-foundation-from-enrolling-members-for-6-months/article64908122.ece Insolvency regulator, IBBI, has barred IIV Registered Valuers Foundation, a Registered Valuers Organisation (RVO), from enrolling any new member for a period of
Bank loan fraud: Enforcement Directorate arrests MD of Hyderabad firm | Business Standard News
Clipped from: https://www.business-standard.com/article/current-affairs/bank-loan-fraud-enforcement-directorate-arrests-md-of-hyderabad-firm-122011801504_1.html Avasarala Venkateswara Rao of Servomax India Private Limited (SIPL) was arrested on Monday The office of Enforcement Directorate (ED). Photo: Suryakant Niwate The
Does a majority shareholder really own a company? Think again – The Economic Times
Clipped from: https://economictimes.indiatimes.com/opinion/et-commentary/does-a-majority-shareholder-really-own-a-company-think-again/articleshow/88947478.cmsSynopsis In his classic study of the concept of ownership, British lawyer and jurist Anthony Maurice Honore had listed 11 rights that define ownership.