Clipped from: https://indianexpress.com/article/business/economy/insolvency-and-bankruptcy-code-india-still-lagging-on-some-key-indicators-of-dispute-resolution-7167152/ The Economic Survey 2020-21 noted that the legal system was the single most important method of dispute resolution and that India was still
Category: Legal
NCLAT turns down Neesa promoter’s insolvency plea | Ahmedabad News – Times of India
Clipped from: https://timesofindia.indiatimes.com/city/ahmedabad/nclat-turns-down-neesa-promoters-insolvency-plea/articleshow/80160937.cms AHMEDABAD: The National Company Law Appellate Tribunal has turned down the plea of bureaucrat-turned-businessman Sanjay Gupta, to allow bankruptcy proceedings to be initiated for Neesa Infrastructure
Criminal cases deter insolvency resolution professionals: Tribunal | Chennai News – Times of India
Clipped from: https://timesofindia.indiatimes.com/city/chennai/criminal-cases-deter-insolvency-resolution-professionals-tribunal/articleshow/80292753.cms Chennai: If every resolution professional (RP) is bombarded with criminal prosecution and police investigation, they won’t be able to conduct the insolvency process without fear, observed the National Company
New public holding rules for companies under insolvency – Times of India
Clipped from: https://timesofindia.indiatimes.com/business/india-business/new-public-holding-rules-for-cos-under-insolvency/articleshow/79768427.cms NEW DELHI: In a first, the government on Wednesday decided to issue a National Security Directive for the telecommunication sector to mandate scrutiny
Insolvency resolution: The IBC story so far and the way forward – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/insolvency-resolution-the-ibc-story-so-far-and-the-way-forward/articleshow/80399160.cmsSynopsis Jurisprudence of any legislation takes time to evolve and IBC was no exception. Devendra Mehta Insolvency Professional & Restructuring Advisor, Contributor Content Solution:
IBC mechanism needs structural changes to expedite faster resolution of companies – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/only-structural-changes-in-ibc-mechanism-can-help-to-expedite-the-faster-resolution-of-companies/articleshow/80478370.cmsSynopsis The structural reforms needed are an increase in the number of benches, outsourcing of administration function to a specialized agency, clarity on the
Insolvency and Bankruptcy Code: Insolvency and Bankruptcy Code resolution timeline averages 440 days – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/insolvency-and-bankruptcy-code-resolution-timeline-averages-440-days/articleshow/80514065.cmsSynopsis An Alvarez & Marsal India report on Thursday called upon all IBC stakeholders to focus on improving efficiency to resolve cases in a
IBC and the ‘de-stressing’ of India Inc – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/ibc-and-the-de-stressing-of-india-inc/article33687283.ece Thanks to the bankruptcy code, distressed firms are able to better access short- and long-term debt funds The Covid-19 pandemic has been driving
SC Collegium withdraws approval for appointment of additional judge of Bombay HC as permanent judge – The Hindu
Clipped from: https://www.thehindu.com/news/national/sc-collegium-withdraws-approval-for-appointment-of-additional-judge-of-bombay-hc-as-permanent-judge/article33702615.ece?homepage=true The Supreme Court Collegium is understood to have withdrawn its approval to a proposal for the appointment of an additional judge of the
Google scores again – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/columns/c-gopinath/google-scores-again/article33678026.ece Its staff has set up an unconventional union Silicon Valley in California, a hot bed of high tech start-ups that have disrupted several
Amazon’s fight is against RIL, but Future will go down: Harish Salve – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/companies/amazons-fight-is-against-ril-but-future-will-go-down-harish-salve/article33698404.ece Harish Salve, senior counsel appearing on behalf of Future Retail Ltd, on Friday said that Amazon’s objections to the deal between Future and
Receipt of exports from third party must be declared upfront: Expert | Business Standard News
Clipped from: https://www.business-standard.com/article/sme/receipt-of-exports-from-third-party-must-be-declared-upfront-expert-121012700003_1.html We exported certain goods last year and received full payment. The buyer rejected a part of the consignment We had exported certain goods
New report highlights why justice delivery will be beset by delays in India – The Financial Express
Clipped from: https://www.financialexpress.com/opinion/new-report-highlights-why-justice-delivery-will-be-beset-by-delays-in-india/2182194/ New report highlights why, unless there is a drastic fixing of gaps, justice delivery will be beset by delays in India The recently-released
Sanctifying sentiment? Bail must be overriding principle in free speech cases unless there’s incitement to violence–the times of india
Clipped from: https://timesofindia.indiatimes.com/blogs/toi-editorials/sanctifying-sentiment-bail-must-be-overriding-principle-in-free-speech-cases-unless-theres-incitement-to-violence/TOI Edit Times of India’s Edit Page team comprises senior journalists with wide-ranging interests who debate and opine on the news and issues of
Stop intimidation: Withdraw criminal cases against journalists–times of india
Clipped from: https://timesofindia.indiatimes.com/blogs/toi-editorials/stop-intimidation-withdraw-criminal-cases-against-journalists/TOI Edit Times of India’s Edit Page team comprises senior journalists with wide-ranging interests who debate and opine on the news and issues of
Drastic reduction in compliances with 41 central labour laws reduced to four – ECONOMIC SURVEY 2020-21—The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/sme-sector/economic-survey-2020-21-drastic-reduction-in-compliances-with-41-central-labour-laws-reduced-to-four/articleshow/80575766.cmsSynopsis Last year was a particularly tough time for the MSME sector which faced an acute financial crunch and shuttered businesses amid the virus
Axis Bank to treat home loans of credit card defaulters as NPAs – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/banking/finance/banking/axis-bank-to-treat-home-loans-of-credit-card-defaulters-as-npas/articleshow/80492859.cmsSynopsis From the lender’s perspective, a loan that is classified as a non-performing asset (NPA) would mean that the bank would have to take
CBI books six Indian Overseas Bank officials for misappropriating Rs 4.56 crore – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/banking/finance/banking/cbi-books-six-indian-overseas-bank-officials-for-misappropriating-rs-4-56-crore/articleshow/80584903.cmsSynopsis Although six officials have been booked, the complaint from the Indian Overseas Bank shows that it was Veepuri who received over Rs 2.64
IBC has changed debtor-creditor dynamics – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/banking/finance/banking/ibc-has-changed-debtor-creditor-dynamics/articleshow/80592201.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis The Insolvency and Bankruptcy Code has hence brought about significant behavioural changes among the creditors and debtors thereby redefining debtor-creditor relationship. Fear of
न्याय आणि निकाल –महाराष्ट्र टाइम्स
Clipped from: https://maharashtratimes.com/editorial/bombay-high-court-nagpur-bench-judgment-on-sexual-assault-under-pocso/articleshow/80540694.cms न्यायालये निकाल देत असतात; पण अनेकदा त्यांच्या त्या निकालांमधून न्याय मिळतो का, हा प्रश्न पडू शकतो. याचे मुख्य कारण, कोणत्याही खटल्याचा निकाल ही
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