A case is taken up under the Code only after approval from the National Company Law Tribunal (NCLT). The “evolving” insolvency law is a kind
Category: IBC-SEBI
SEBI rules: Sebi tightens rules on short selling, raises margins on non-F&O stocks to curb volatility – The Economic Times
MUMBAI: India’s market regulator on Friday halved position limits for certain stock futures, restricted short-selling of index derivatives and raised margin rates for some shares
Ashish Gupta: The man who saw India’s banking crisis early warns of new peril – The Economic Times
The government-backed rescue of Yes Bank Ltd., until recently India’s fourth-largest private lender, may further reduce banks’ willingness to provide credit to the economy. Ashish
The Yes Bank mystery–Times of India
The happenings in Yes Bank have a very mysterious look about them. The only thing that stands stark naked is that thousands of crores belonging
NCLAT clears insolvency resolution framework for IL&FS proposed by govt – The Economic Times
New Delhi: In its final judgement on the insolvency proceedings against Infrastructure Leasing & Financial Services (ILFS), the National Company Law Appellate Tribunal (NCLAT) approved
Flaws in Today Homes IBC process, UVARC demands offer to be reconsidered | Business Standard News
UVARC was one of two bidders for the assets. First it shot into the limelight for making a Rs 16,000-crore bid — the highest —
Justice S J Mukhopadhaya: ‘Argumentative’ outgoing NCLAT chairman | Business Standard News
For all the times he created a stir with highly unexpected rulings, retired judge Sudhansu Jyoti Mukhopadhaya (pictured) — the outgoing chairman of the National
Just 10% of defaulted loans in non-major cos recovered under IBC: Ramesh | Business Standard News
Ramesh said against admitted claims of Rs 3.51 trillion, Rs 1.50 trillion has been recovered The insolvency and bankruptcy law has resulted in recovery of
Parley | Should distressed private banks be saved by PSBs? – The Hindu
It should be the last resort, but right now, the government is facing severe fiscal constraints A day after the government imposed a moratorium on
Competition Commission allows pre-consultation for filing needs amid crisis | Business Standard News
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
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
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