Shroff is in favour of introducing a new chapter to the Insolvency and Bankruptcy Code (IBC) with temporary provisions Two American professors, Kenneth Ayotte and
Category: IBC-SEBI
NBCC moves NCLAT challenging NCLT order on Jaypee Infra resolution plan – The Financial Express
The NCLT also allowed JIL’s fixed deposit holders, who have not filed their claims within the statutory timelines, to continue their claims even after approval
Ordinance to amend IBC likely this week – The Economic Times
The ordinance will seek to suspend the relevant provisions of IBC Sections 7, 9 and 10, to provide relief to borrowers from being dragged into
OYO: Hyderabad hotel files insolvency plea against Oyo – The Economic Times
Conclave Infratech, in its application, claimed it received the minimum guarantee payment from Oyo only for two months between May 2018 and May 2019. MUMBAI:
Flipkart: NCLAT sets asides insolvency proceedings against Flipkart – The Economic Times
A three-member bench of the NCLAT released Flipkart from the corporate insolvency resolution process and directed the IRP appointed by NCLT to handover the records
Sebi proposes easier fundraising norms through preferential route for stressed cos – The Economic Times
At present, rules mandate the issue price not be less than the average of weekly high and low for 26 weeks. The disclosures that are
Virgin Australia collapses under coronavirus strain | Deccan Herald
Cash-strapped airline Virgin Australia announced it had gone into voluntary administration on Tuesday, making it the largest airline to collapse under the shock of the
‘Force Majeure’ in times of deadly coronavirus | Deccan Herald
The medical effects of the Covid-19 virus are hitting home hard across the world. The seriousness of the economic impact is yet to be understood
Sebi, MCA seek essential service status for auditors of listed companies | Business News,The Indian Express
Confirming the development, a government source further said the Corporate Affairs Ministry has, in turn, taken up the matter with the Ministry of Home Affairs.
Flattening the bankruptcy curve: Why IBC cases may surge post-lockdown | Business Standard News
Shroff is in favour of introducing a new chapter to the Insolvency and Bankruptcy Code (IBC) with temporary provisions Two American professors, Kenneth Ayotte and
RBI gives another big bonanza, this time to NBFCs, stressed borrowers, rural sector, MSMEs
New Delhi: The Reserve Bank of India (RBI) Friday announced a series of measures to ease the pressure on non-banking finance companies (NBFCs), and improve credit
For Some Covid-19 Corporate Cushioning–Economic Times
The government must hold the operation of the Insolvency and Bankruptcy Code (IBC) in abeyance for at least six months, in view of the Covid-19
RBI Governor’s speech–17.04.2020
RBI Governor Speech–17.04.2020
DH Analysis: RBI’s 75 bps rate cut ineffective for now | Deccan Herald
The 75 basis points cut in the repo rate by the Reserve Bank of India (RBI) on March 27, seems to have failed in achieving
RBI announcements today: RBI announces second tranche of liquidity boost; cuts reverse repo by 25 basis points, Rs 50,000 crore TLTRO 2.0 for NBFCs – The Economic Times
The RBI today announced a second tranche of liquidity boost for the economy wth a 25 basis point reverse repo cut taking it to 3.75 per cent from 4
IBC suspension: Creditors to take a hit, but breather for several firms – The Financial Express
The Cabinet is likely to consider, at its next meeting, an Ordinance to amend the IBC to hold off proceedings in the insolvency courts. The
Orders to pay full wages may push industry to bankruptcy: Amarinder to Modi | Business Standard News
Amarinder Singh termed as imperative the re-examination of the matter by the Centre. Punjab Chief Minister Amarinder Singh on Tuesday urged Prime Minister Narendra Modi to reconsider
Coronavirus outbreak: Relaxed IBC timelines may be a face-saver for Indian corporates–Business Today
COVID-19 has retarded the momentum of wheels of the Indian economy, the corporates. The All India Association of Industries had estimated a loss of Rs
Coronavirus impact: Delayed NPA resolutions, haircuts; banks brace for a double blow in their NPA books–Business Today
The country is going through an unprecedented countrywide three-week lockdown starting from March 25, 2020. Prior to that too, several state governments had shut down
Industry opposes proposal on joint audits, appointment panel | Business News,The Indian Express
The MCA recently strengthened the reporting requirements for auditors as part of a drive to boost corporate governance, after major corporate failures at companies such
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