Clipped from: https://www.financialexpress.com/industry/nclt-nod-for-jet-plan-with-riders/2276521/ The development comes a little after two years since the Jet Airways suspended its operations due to financial crisis. Jet has admitted claims
Category: IBC-SEBI
Preferential valuation | Business Standard Editorials
Clipped from: https://www.business-standard.com/article/opinion/preferential-valuation-121062201930_1.html PNB Housing should have engaged an independent valuer The uncertainty over the future of minority shareholders and infusion of capital into PNB Housing
FinMin allows small HFCs to take recourse to SARFAESI law – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/finmin-allows-small-hfcs-to-take-recourse-to-sarfaesi-law/article34892235.ece Move is expected to be a shot in the arm for thousands of small HFCs The Finance Ministry has now allowed all housing
PMC Bank’s rescue plan did have its own dilemma – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/pmc-banks-rescue-plan-did-have-its-own-dilemma/article34888551.ece CFSL made the cut as it was the only player with experience in financial services space Centrum or nothing. This was probably the
DHFL lenders begin voting on proposals to redistribute funds – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/companies/dhfl-lenders-begin-voting-on-proposals-to-redistribute-funds/article34893917.ece ‘Majority of FD holders opposed to proposal’ Lenders to Dewan Housing Finance Corporation have begun voting on new proposals for redistribution of funds
All you need to know about bulk deals – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/columns/slate/all-you-need-to-know-about/article34892037.ece On June 18, CA Rover Holdings, a subsidiary of Carlyle Group, offloaded a 5.1 per cent equity stake in SBI Cards and Payment
Shareholders hurt in financial bailouts – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/shareholders-hurt-in-financial-bailouts/article34892280.ece Committee of Creditors decides resolution process. DHFL, LVB cases have been unfair to shareholders One of the most contentious resolutions under the Insolvency
jet airways: Bankruptcy court approves Kalrock-Jalan’s resolution plan for revival of Jet Airways – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/transportation/airlines-/-aviation/bankruptcy-court-approves-kalrock-jalans-resolution-plan-for-revival-of-jet-airways/articleshow/83741240.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis The Mumbai bench of the National Company Law Tribunal presided by judicial members – Janab Mohammed Ajmal and V Nallasenapathy while allowing the
How to save the IBC from the NCLT – The Financial Express
Clipped from: https://www.financialexpress.com/opinion/how-to-save-the-ibc-from-the-nclt/2275775/ Failure to reform the NCLT will bleed the banking sector and kneecap the government’s flagship reform In the interim, additional courts may be
Explain logic in one-time settlement of Siva Industries: NCLT to lenders | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/explain-rationale-in-one-time-settlement-of-siva-industries-nclt-121062000302_1.html PSU banks to get 26% of dues after third party guarantor payments The National Company Law Tribunal (NCLT), Chennai, has asked lenders to
Explain reasons for accepting OTS by Siva Industries: NCLT – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/news/explain-reasons-for-accepting-ots-by-siva-industries-nclt/article34871860.ece?homepage=true Lenders will get only 6.5% of the total debt of ₹4,863 crore NCLT has asked lenders of Siva Industries to clarify the rationale
SEBI halts PNB Housing Fin’s ₹4,000-cr deal with Carlyle – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/markets/stock-markets/sebi-halts-rs-4000-crore-carlyle-pnbhf-deal/article34863869.ece?homepage=true Move is ultra vires of Articles of Association; PNBHF insists due process followed The Securities and Exchange Board of India has asked PNB
Insolvency law changing the way society perceives business failures, says M S Sahoo – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/insolvency-law-changing-the-way-society-perceives-business-failures-says-m-s-sahoo/articleshow/83685298.cmsSynopsis Little over five years after its enactment, the Insolvency and Bankruptcy Code (IBC), which provides a time-bound and market-linked framework for resolution of
Large listed firms get more flexibility on minimum public shareholding norms – The Economic Times
Clipped from: https://economictimes.indiatimes.com/markets/stocks/news/large-listed-firms-get-more-flexibility-on-minimum-public-shareholding-norms/articleshow/83681809.cmsSynopsis The Department of Economic Affairs has stipulated a minimum offer size of at least Rs 5,000 crore or 5% of issued capital “if
Why Piotroski Score is a good starting point for DIY investors – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/portfolio/stock-fundamental-analysis-india/why-piotroski-score-is-a-good-starting-point-for-diy-investors/article34860732.ece The metric ranks companies based on nine important parameters from their financials Whether the ongoing bull run in the equity markets would continue
How reading IPO prospectus helps avoid dud stocks – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/portfolio/personal-finance/why-reading-ipo-prospectus-helps-avoid-dud-stocks/article34857666.ece Use the information in RHP to do a 360-degree assessment of the company before you invest Initial Public Offers (IPOs) are used by
Easier minimum public offer norms come into effect – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/easier-minimum-public-offer-norms-come-into-effect/article34861220.ece Move will help LIC IPO, push disinvestment The Finance Ministry has notified the relaxed minimum public offer norms for large companies planning to
It’s a bank, PMC will be part of, it’s not takeover, says Centrum’s Jaspal Bindra – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/banking/finance/banking/its-a-bank-pmc-will-be-part-of-its-not-takeover-says-centrums-jaspal-bindra/articleshow/83657489.cmsSynopsis The RBI has granted Centrum 120 days to convert itself into a bank with fintech player BharatPe as an investor who will merge
IBBI crowdsources ideas for regulatory tweaks – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/ibbi-crowdsources-ideas-for-regulatory-tweaks/article34852362.ece The public can now help modify the regulations already put in place by the insolvency regulator Insolvency and Bankruptcy Code of India (IBBI)
Karnataka HC begins hearing appeals by Amazon, Flipkart on CCI investigation – The Hindu BusinessLine
lipped from: https://www.thehindubusinessline.com/companies/karnataka-hc-begins-hearing-appeals-by-amazon-flipkart-on-cci-investigation/article34852462.ece A fresh round of legal battle begins A fresh round of legal battle began between the e-commerce majors Flipkart, Amazon and the Competition
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