The Competition Commission of India (CCI) has allowed pre-filing consultation to those seeking informal guidance on determining filing-related requirements and information to be given for
Category: IBC-SEBI
Supreme Court ruling brings Vodafone Idea closer to insolvency: Bernstein – The Hindu BusinessLine
The Supreme Court’s latest ruling on the issue of Adjusted Gross Revenue creates a dire situation for Vodafone Idea, according to analysts at Bernstein. “We
Covid-19 impact: Will ₹1-lakh threshold for insolvency plea under IBC be reviewed? – The Hindu BusinessLine
If implemented, the move will offer substantial relief to stressed sectors In a bid to avoid frivolous applications under the IBC, one of the amendments
Cabinet likely to clear tabling of Bill on bilateral netting of financial contracts | Business News,The Indian Express
In a major step to implement much-needed financial sector reforms, the Union Cabinet on Friday may approve a proposal to introduce the Bilateral Netting of
Indian banks to appeal for relief on bad loans amid coronavirus concerns – The Economic Times
MUMBAI: Large banks had an emergency meeting on Monday evening to explore ways to lend a helping hand to businesses hit by the Covid-19 outbreak.
GoAir news: GoAir asks some employees to go on leave without pay – The Economic Times
Mumbai: Low fare carrier GoAir is asking a chunk of its employees to go on rotational leave without pay as the Coronavirus crisis makes a
Lakshmi Vilas Bank: Lakshmi Vilas Bank initiates action against senior executives, prunes staff strength – The Economic Times
Private sector lender Lakshmi Vilas BankNSE -3.28 % has initiated action against three of its senior executives for not taking adequate safeguards while lending even
Yes Bank continues to roil other private lenders, IndusInd latest – The Economic Times
MUMBAI: The crisis at Yes BankNSE 3.07 % has shaken the trust of a few state governments and large depositors who are pulling out large
NCLT allows 90 days’ extension for Jet Airways insolvency process – The Economic Times
MUMBAI: The National Company Law Tribunal (NCLT) on Wednesday allowed 90 days’ extension for the corporate insolvency resolution process of Jet AirwaysNSE -1.55 %. Jet
gst: Demonetisation, GST & liquidity crisis drove small businesses to the brink. Then came coronavirus – The Economic Times
As lockdown of entire cities takes place, consumer confidence has fallen sharply. No industry has been spared and major shows and events across the world
Stressed NBFC sector relying more on banks for borrowings: Care Ratings – The Economic Times
Facing difficulties in raising money from the capital market, non-banking financial companies are relying more on banks to meet their funding requirements, with lending to
Yes Bank continues to roil other private lenders, IndusInd latest – The Economic Times
MUMBAI: The crisis at Yes BankNSE 3.07 % has shaken the trust of a few state governments and large depositors who are pulling out large
Covid-19 impact: India Inc seeks moratorium on loans, waiver on levies – The Financial Express
By Malini Bhupta Hit by near lockdown conditions across the country, Corporate India is expected to seek relief from the government. On a conference call on
A discredited business world | Business Standard Column
On current form, the bizarre drama that is the Rana Kapoor-YES Bank saga can be labelled The League of Failed Businessmen. Anil Ambani, Kapil Wadhwan,
As fiscal year comes to a close, auditors to get advisory amid virus scare | Business Standard News
Auditors will have to account for factors such as slowdown in the supply of perishable goods which will affect the net realisable value As the
Yes Bank: Depositors staying put is now key to India’s biggest bank rescue – The Economic Times
By Suvashree Ghosh Depositors will judge this week whether India has staved off another threat to banking sector stability when curbs on withdrawals from a
Shaktikanta Das: Yes Bank depositors’ money is absolutely safe: RBI governor Shaktikanta Das – The Economic Times
MUMBAI: The Reserve Bank of India (RBI) governor Shaktikanta Das on Monday dispensed with the usual regulatory formality to assure the man on the street
Insolvency and Bankruptcy Code: Banks should be instructed not to invoke IBC for non-payment in testing times of Coronavirus: SICCI – The Economic Times
Chennai: The Southern Chamber of Commerce and Industry (SICCI) on Monday made a representation to the government to instruct banks not to invoke Insolvency and
Regulatory gaps | Business Standard Editorials
The Reserve Bank of India (RBI) will face one of its biggest tests in recent times when the moratorium imposed on YES Bank is lifted.
Raising threshold for insolvency: Good for NCLT, bad for smaller creditors | Business Standard News
A view within the MCA is that in cases where the amount of bad loan is not significant, lenders should look for other options before
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