Clipped from: https://economictimes.indiatimes.com/ The directives of the Central Government to tide over these trying times are laudable. However, many of these changes are myopic and will
Category: IBC-SEBI
Suspension of bankruptcy filings hits credit market – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/ Since India announced last month that it would temporarily suspend its insolvency law amid the pandemic, credit investors have grown concerned that some
Gitanjali Gems: IBBI slaps penalty on resolution professional – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com Disciplinary Committee concludes Duff & Phelps engagement “illegal” Insolvency regulator IBBI has slapped a penalty on Vijay Kumar Garg, an insolvency professional, for
SC wants FinMin, RBI to meet in 3 days to decide on waiver of interest charged during moratorium – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com The Supreme Court, on Friday, asked the Finance Ministry and the Reserve Bank of India to hold a meeting within three days to
Bounced cheques: Decriminalising offences a good idea, but needs to be thought carefully – The Financial Express
Clipped from: https://www.financialexpress.com Making a bounced cheque a civil offence will, once again, clog the courts and make recoveries difficult Under normal circumstances, decriminalising offences is
NCLAT judgment: CCI can’t be made hostage to locus standi – The Financial Express
Clipped from: https://www.financialexpress.com NCLAT’s recent judgment effectively debarring whistleblowers/informants from flagging competition violations is against the fundamentals of the Competition Act By Vinod DhallRecently, the National
IBC a game changer for financial institutions: Gopal Subramanium – The Economic Times
Clipped from: https://economictimes.indiatimes.com Subramanium was talking at a webinar titled- “COVID 19: Constitutional and Legal Conundrums”, which was organised by Bennett University’s School of Law on
What premium will Reliance rights issue list at on Friday? – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com Promoters, FPI stakes go up, while retail investors, MFs reduce holdings Shares of partly-paid Reliance Industries’ rights issue will be listed on the
The Insolvency and Bankruptcy Code now needs its next booster stage– economic times
Clipped from: https://economictimes.indiatimes.com/ View: The Insolvency and Bankruptcy Code now needs its next booster stage The case burden in NCLT on account of IBC has been
loan moratorium: All kind of loans and contractual transactions can’t be put under moratorium: SEBI to SC – The Economic Times
Clipped from: https://economictimes.indiatimes.com/ SEBI filed an affidavit in this regard in the apex court which had sought its stand on a plea which sought a clarification
Consultancy / Audit – Services – Industry – The Economic Times
Clipped from: https://economictimes.indiatimes.com View: Auditors should be made the frontline warriors of Ministry of Corporate Affairs Regulators in Europe have issued new regulations. The Competition Commission
Allow banks to release sanctioned loans to Amrapali homebuyers: SC to RBI | Business Standard News
Clipped from: https://www.business-standard.com/ A bench headed by Justice Arun Mishra issued the directions after observing that the construction of the housing projects had come to a
Some financial offences like bouncing of cheques may be decriminalised – The Economic Times
Clipped from: https://economictimes.indiatimes.com “Criminalising procedural lapses and minor non-compliances increases burden on businesses and it is essential that one should re-look at provisions which are merely
NCLT OKs Aircel resolution plan, lenders to take sharp haircuts – The Economic Times
Clipped from: https://economictimes.indiatimes.com Asset reconstruction firm UVARCL was the shortlisted buyer for Aircel’s assets and according to people aware, NCLT’s Mumbai bench approved the plan but
Unpacking the IBC Code (Amendment) – The Financial Express
Clipped from: https://www.financialexpress.com Stakeholders in the insolvency ecosystem should now redouble efforts to identify an alternate platform for resolution of defaults on account of Covid-19 By
IBC suspension will fuel innovative options outside the Code: IBBI’s Sahoo | Business Standard News
Clipped from: https://www.business-standard.com In a Q&A, the chairman of the Insolvency and Bankruptcy Board of India says IBC should not be used to snuff out firms
‘Bad Bank’ not a good idea without resolving these issues first, explains Uday Kotak – The Financial Express
Clipped from: https://www.financialexpress.com Unless issues such as transparency, recovery rate, transfer price, and governance, are resolved, bad banks can not give desired results. A Bad Bank,
IBC suspension to provide breathing space to struggling companies: Experts – The Economic Times
Clipped from: https://economictimes.indiatimes.com Among other things, the Ordinance sought to prevent businesses that are experiencing distress on account of unprecedented situation following lockdown, from being pushed
India is mulling a new way to bring its bad loan burden under control – The Economic Times
Clipped from: https://economictimes.indiatimes.com India is mulling a new category of alternate investment fund to bring its bad loan burden under control. India is considering a new
Welcome breather – Special Report News – Issue Date: Jun 1, 2020
Clipped from: https://www.indiatoday.in The government has eased the regulatory burden to allow corporate India to focus on business revival. Worldwide Push: PM Modi at the Bloomberg
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