Clipped from: https://www.financialexpress.com/industry/sme/nclat-stays-insolvency-proceedings-against-oyo/2229581/ “Today (Thursday) NCLAT has admitted our plea and ordered a stay for the formation of CoC in IBC proceedings against OHHPL, an OYO
Category: Legal
Is the IBC a panacea or poison? – The Financial Express
Clipped from: https://www.financialexpress.com/opinion/write-back-is-the-ibc-a-panacea-or-poison/2229699/ As we move along, it is important to bring attitudinal changes in the way creditors perceive the IBC One should not get dissuaded
Data breach menace | Business Standard Editorials
India needs an effective privacy law quickly Independent cyber-security researchers have claimed that a database containing know-your-customer details of nearly 3.5 million users of fintech
Accounting software with audit trail feature: MCA postpones implementation to FY23 – The Financial Express
Clipped from: https://www.financialexpress.com/industry/accounting-software-with-audit-trail-feature-mca-postpones-implementation-to-fy23/2228888/ The postponement of the rule, a senior government official said, is in view of the Covid situation in the country. “Giving a year’s
DIGITAL BOOST: Now, free digital starter kits for small businesses – The Financial Express
Clipped from: https://www.financialexpress.com/industry/technology/digital-boost-now-free-digital-starter-kits-for-small-businesses/2228918/ Builder.ai’s new programme aims to take small Indian businesses, restaurants online and help improve the end customer experience with their new digital starter
IIFL Securities begins activation of 11 lakh frozen Karvy accounts – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/markets/stock-markets/iifl-securities-begins-activation-of-11-lakh-frozen-karvy-accounts/article34263460.ece Accounts of Karvy’s 11 lakh investors have been frozen for over a year IIFL Securities on Wednesday said it has begun activation of
An effective migrant labour policy must consider where existing labour laws fail–PRIYA DESHINGKAR WRITES: –indian express
Clipped from: https://indianexpress.com/article/opinion/columns/national-migration-policy-labour-laws-niti-aayog-7261732/ Niti Aayog’s draft policy is a good start which could, with a few adjustments, reduce the vulnerability and risks faced by labour migrants
Face mask mandatory even while driving alone, rules Delhi HC–business today
Clipped from: https://www.businesstoday.in/current/economy-politics/face-mask-mandatory-even-while-driving-alone-rules-delhi-hc/story/435959.html Masks mandatory in Delhi: Passing the order, Justice Pratibha M Singh also rejected petitions disputing the Delhi government’s decision to enforce challans for not
No, not bankruptcy! Oyo insolvency admitted by NCLT for Rs 16 lakh dispute–business today
Clipped from: https://www.businesstoday.in/current/corporate/no-not-bankruptcy-oyo-insolvency-admitted-by-nclt-for-rs-16-lakh-dispute/story/435960.html Oyo Founder and CEO Ritesh Agarwal has dismissed rumours that Oyo has filed for bankruptcy Oyo Founder and CEO Ritesh Agarwal A fresh
‘Cairn dispute can’t be settled via Vivad se Viswas scheme’ – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/companies/cairn-dispute-cant-be-settled-via-vivad-se-viswas-scheme/article34256412.ece Says scheme receives over 1.48 lakh declarations and over ₹54,000 crore The tax dispute with Cairn Energy Plc cannot be brought under the
Despite efforts, independent directors not entirely independent: SEBI chief – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/companies/despite-efforts-independent-directors-not-entirely-independent-sebi-chief/article34256886.ece Despite the many efforts, SEBI has not been able to ensure that all independent directors act without the influence of promoters to protect
Mumbai HC says ByteDance must deposit $11 million in tax evasion case
Clipped from: https://www.businesstoday.in/current/economy-politics/mumbai-hc-says-bytedance-must-deposit-11-million-in-tax-evasion-case/story/435892.html An Indian tax intelligence agency in mid-March ordered HSBC and Citibank in Mumbai to freeze accounts of ByteDance India as it probed some
Arbitration clause: Big or small business, why an arbitration clause in your contract can be beneficial – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/legal/big-or-small-business-why-an-arbitration-clause-in-your-contract-can-be-beneficial/articleshow/81908642.cmsSynopsis Arbitration is business and contract agonistic and the benefits of having one in our contracts can be immense. A business contract is the
Insolvency relief period over, govt brings in Ordinance for MSME pre-packs | Business News,The Indian Express
Clipped from: https://indianexpress.com/article/business/banking-and-finance/insolvency-relief-period-over-govt-brings-in-ordinance-for-msme-pre-packs-7260454/ The move comes soon after the end of a one-year suspension of insolvency initiation under the Insolvency and Bankruptcy Code (IBC) imposed by
How Much GOLD I Can Hold- Limit under Income Tax?–tax guru
Clipped from: https://taxguru.in/income-tax/gold-hold-limit-income-tax.html How Much GOLD I Can Hold? (Implication under Income Tax Act on holding of Jewellery more than the limit prescribed by the CBDT)
‘Prosecution can’t be launched until evaded tax is known based on I-T search disclosures’ – The Hindu
Clipped from: https://www.thehindu.com/news/cities/bangalore/prosecution-cant-be-launched-until-evaded-tax-is-known-based-on-i-t-search-disclosures/article34256302.ece There is no presumption under law that every unaccounted transaction would lead to imposition of tax, and therefore, no prosecution can be launched
Ordinance to usher in tribunal reforms issued – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/ordinance-to-usher-in-tribunal-reforms-issued/article34244695.ece Appellate authorities in 9 laws replaced with High Courts The Centre has replaced Appellate authorities under as many as nine laws with High
Ordinance to usher in tribunal reforms issued – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/ordinance-to-usher-in-tribunal-reforms-issued/article34244695.ece?homepage=true Appellate authorities in 9 laws replaced with High Courts The Centre has replaced Appellate authorities under as many as nine laws with High
Centre promulgates IBC amendment ordinance to allow pre-packaged insolvency for MSMEs – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/legal/centre-promulgates-ibc-amendment-ordinance-to-allow-pre-packaged-insolvency-for-msmes/articleshow/81909630.cmsSynopsis A pre-packaged resolution essentially translates to a company preparing a restructuring plan with its creditors before initiating insolvency proceedings. This helps to cut
Government amends insolvency law; introduces pre-packaged resolution process for MSMEs | Business News,The Indian Express
Clipped from: https://indianexpress.com/article/business/banking-and-finance/government-amends-insolvency-law-introduces-pre-packaged-resolution-process-for-msmes-7259484/ An ordinance was promulgated to amend the Insolvency and Bankruptcy Code (IBC) on April 4, according to a notification. As per the ordinance,
aniltikotekar4sme.com 