Clipped from: https://economictimes.indiatimes.com/markets/stocks/news/how-to-deal-with-related-party-transactions-in-unlisted-firms/articleshow/82012942.cmsSynopsis For larger economic stability, one cannot undermine the importance of sound governance in unlisted public companies for two reasons. Alby JosephIn the words
Category: IBC-SEBI
How to improve the quality of audit in Indian companies – The Economic Times
lipped from: https://economictimes.indiatimes.com/industry/services/consultancy-/-audit/how-to-improve-the-quality-of-audit-in-indian-companies/articleshow/82020322.cms Synopsis–‘Audit’ is derived from the Latin word ‘audire’, or ‘to hear’. Recently, it is not the hearing ability but the smell test and
The Principle Of “As Is Where Is” And “As Is What Is Basis” In Relation To Secured Assets Purchased In Public Auction Under Sarfaesi Act,2002-IndiaLaw LLP Blog–
Clipped from: https://www.indialaw.in/blog/blog/banking-and-finance/the-principle-of-as-is-where-is-and-as-is-what-is-basis-in-relation-to-secured-assets-purchased-in-public-auction-under-sarfaesi-act2002/ INTRODUCTION As the Legal frame work and mechanism for curtailing and controlling mounting Non- Performing Assets (“NPA”) has become inadequate and outdated which
Mr. Mandava Krishna Chaitanya vs Uco Bank, Asset Management Branch on 21 February, 2018–indian kanoon
Clipped from: https://indiankanoon.org/doc/52706974/Andhra High Court *THE HONBLE SRI JUSTICE SANJAY KUMAR AND THE HONBLE SRI JUSTICE P.KESHAVA RAO WRIT PETITION NO.39084 OF 2017 21-02-2018 Mr. Mandava
Royal Star Trading Company vs Ifci Limited & Anr on 10 September, 2014–indian kanoon
Clipped from: https://indiankanoon.org/doc/107658231/Delhi High Court THE HIGH COURT OF DELHI AT NEW DELHI % Judgment delivered on: 10.09.2014 + W.P.(C) 2005/2012 & CM No.16665/2013 ROYAL STAR
The Concept Of “As-Is Where-Is” And “As-Is What-Is” A Secured Creditor’s Point Of Responsibility? – Finance and Banking – India
Clipped from: https://www.mondaq.com/india/securitization-structured-finance/1044610/the-concept-of-as-is-where-is-and-as-is-what-is-a-secured-creditor39s-point-of-responsibility Introduction As the legal framework for curtailing and controlling mounting Non-Performing Assets (“NPA“) started becoming inadequate, there was a spike in the number
Termination Of Power Purchase Agreements Under IBC – Insolvency/Bankruptcy/Re-structuring – India–mondaq.com
Clipped from: https://www.mondaq.com/india/insolvencybankruptcy/1049336/termination-of-power-purchase-agreements-under-ibc?type=popular Our viewpoint It is a well understood fact that a PPA is sine quo non for not only the functioning but the very existence of
What Is Pre-Pack Insolvency Or Bankruptcy? – Insolvency/Bankruptcy/Re-structuring – India–mondaq.com
Clipped from: https://www.mondaq.com/india/insolvencybankruptcy/1023948/what-is-pre-pack-insolvency-or-bankruptcy?type=popular The Insolvency and Bankruptcy Code, 2016, has boosted the industry in terms of either reviving the company in question or faster liquidation of
Section 14 Of The Insolvency And Bankruptcy Code, 2016 Vis-à-vis Section 138 Of The Negotiable Instruments Act, 1881: What Prevails? – Insolvency/Bankruptcy/Re-structuring – India–mondaq.com
Clipped from: https://www.mondaq.com/india/insolvencybankruptcy/1050172/section-14-of-the-insolvency-and-bankruptcy-code-2016-vis-vis-section-138-of-the-negotiable-instruments-act-1881-what-prevails?type=popular An order of moratorium under Section 14 of the Insolvency and Bankruptcy Code, 2016 shall cover proceedings under Sections 138 and 141 of
Time Is The Essence Of The Corporate Insolvency Resolution Process: Supreme Court Of India. – Insolvency/Bankruptcy/Re-structuring – India–mondaq.com
Clipped from: https://www.mondaq.com/india/insolvencybankruptcy/1050184/time-is-the-essence-of-the-corporate-insolvency-resolution-process-supreme-court-of-india?type=popular The Corporate Insolvency Resolution Process under the Insolvency and Bankruptcy Code, 2016 cannot be allowed to lapse into an indefinite delay defeating the
Operational Creditors In Insolvency: A Tale Of Disenfranchisement – Insolvency/Bankruptcy/Re-structuring – India–mondaq.com
Clipped from: https://www.mondaq.com/india/insolvencybankruptcy/971940/operational-creditors-in-insolvency-a-tale-of-disenfranchisement?type=popular The Insolvency and Bankruptcy Code, 2016 (hereinafter “IBC”) was hailed as a major reform in the insolvency landscape in India. The IBC was
Liquidation Process Under The Insolvency And Bankruptcy Code, 2016 – An Overview – Insolvency/Bankruptcy/Re-structuring – India–mondaq.com
Clipped from: https://www.mondaq.com/india/insolvencybankruptcy/987994/liquidation-process-under-the-insolvency-and-bankruptcy-code-2016–an-overview?type=popular&login=true Nearly all discussions and coverages on the Insolvency and Bankruptcy Code, 2016 (“Code“), highlight the process of Resolution of Corporate persons, which is
Supreme Court’s decision in Jaypee matter clarifies various aspects under IBC–mondaq.com
Clipped from: https://www.trilegal.com/index.php/publications/update/supreme-courts-decision-in-jaypee-matter-clarifies-various-aspects-under-ib?utm_source=Mondaq&utm_medium=syndication&utm_campaign=LinkedIn-integration In a landmark decision, the Supreme Court of India clarifies various facets of the Insolvency and Bankruptcy Code, 2016 while extending the corporate
The limits of “As-Is Where-Is” in SARFAESI auctions – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/business-laws/the-limits-of-as-is-where-is-in-sarfaesi-auctions/article34124619.ece The SARFAESI Act of 2002 empowers a secured creditor—usually, a bank—to sell the pledged immovable property and recover his dues. Such sales are
Related Party Transactions – Section 188 of Companies Act, 2013
Related Party Transactions – Section 188 of Companies Act, 2013 https://taxguru.in/company-law/related-party-transaction-sections-188-companies-act-2013.html 1st Stage (Preliminary test) 1. Is it a transactio…. Read More
IBBI notifies prepack insolvency resolution process regulations for MSMEs – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/ibbi-notifies-prepack-insolvency-resolution-process-regulations-for-msmes/articleshow/81993412.cmsSynopsis The prepack regulations define the eligibility and terms of appointment of resolution professionals, the norms for meetings between creditors and provide the modalities
SC remits to creditors Jaypee Infratech’s resolution plan for approval | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/sc-remits-to-creditors-jaypee-infratech-s-resolution-plan-for-approval-121032401336_1.html The Supreme Court Wednesday remitted to the Committee of Creditors (CoC) the issue of approval of resolution plan for debt-ridden Jaypee Infratech Ltd
NBCC, Suraksha group submit revised bids to acquire Jaypee Infratech | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/nbcc-suraksha-group-submit-revised-bids-to-acquire-jaypee-infratech-121040801690_1.html This is the fourth round of bidding process for Jaypee Infratech, which went into insolvency proceedings in August 2017 NBCC and Suraksha have
IBC: Can pre-packaged insolvency resolution under IBC be helpful for MSMEs? – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/legal/can-pre-packaged-insolvency-resolution-under-ibc-be-helpful-for-msmes/articleshow/81981074.cmsSynopsis The Code emphasizes on reorganization and insolvency resolution of the Corporate Debtor, while maximizing the value of assets of the CD and promoting