Pratik P Jain radical tax reform post-independence, is still stabilising, which is not unexpected given the magnitude of changes that it brought about. The primary
Category: Merits back reference
Across The Aisle: Who is minding the store? – The Financial Express–27.05.2018
While you were absorbed in the designed-to-be-nail-biting-finish IPL cricket matches and the game of thrones in Karnataka, something happened to the economy. It is time
IBC–‘CoC is not proactive enough’ – The Hindu–27.05.2018-R
The Committee of Creditors (CoC) is not being proactive enough in dealing with the cases, Insolvency and Bankruptcy Board of India (IBBI) chairman M.S. Sahoo said on
Centre can’t afford to cut taxes on something as remunerative as fuel – The Hindu–27.05.2018
With petrol and diesel prices hitting record levels over the past few days, calls from industry chambers and consumers for the government to cut its excise duty
Crude oil may derail economy–Deccan Chronicle–27.05.2018
India’s macro-economic indicators are expected to take a hit this year, with crude oil expected to remain elevated at $75 a barrel. “A rise in
Insolvency and Bankruptcy Code: IBC not being used to full extent; CoCs need to do more: M S Sahoo – The Economic Times–26.05.2018-R
Objective of the bankruptcy law is to resolve an insolvency and revive an asset for collective good and not to maximise value for a chosen
How to moderate retail fuel prices–Economic Times–26.05.2018
The government is reportedly still deliberating options to bring down soaring retail oil prices, which have been raised daily for over ten days now following
IBC, GST, JAM…but for jobs, a good start – The Financial Express–26.05.2018
Achche din may be several years away, but the NDA government under Prime Minister Narendra Modi must get full marks for trying. Four years into the government’s
Timely amendments: Govt steps in to deal with IBC’s effect on SMEs, realty | Business Standard Editorials–26.05.2018
The Union Cabinet approved an Ordinance on Wednesday that amended the new Insolvency and Bankruptcy Code (IBC) in an attempt to fill in some gaps in the
IBC not being used to full extent; lenders need to do more: IBBI chief | Business Standard News–26.05.2018-R
The objective of the bankruptcy law is to resolve an insolvency and revive an asset for the collective good and not to maximise value for a chosen few, Insolvency and Bankruptcy Board of India chairman M
Corporate debtors must get shareholders’ approval to initiate insolvency process – Business Line–26.05.2018
Shareholders’ approval through a special resolution is a must for a ‘corporate debtor’ to apply for initiation of insolvency process. Simply put, a company (corporate
$32 billion bank recap plan for state banks tumbles, as losses mount | business news | Hindustan Times–26.05.2018
When the government announced a surprise $32 billion bailout plan for the nation’s state-controlled banks last October, credit rating firms and the nation’s central bank
Seller beware: homebuyers and Bankruptcy Code – The Hindu–26.05.2018
The proposed change to the Bankruptcy Code must treat homebuyers a step above lenders Homebuyers parted of their money by real estate developers have some relief coming
Lenders move NCLAT for early hearing in Essar Steel case–25.05.2018
Essar Steel lenders have moved the National Company Law Appellate Tribunal seeking an early hearing of appeals filed by suitors for the insolvency-bound firm, saying
Signals from a bankruptcy | The Indian Express–25.05.2018
A Taliban prisoner once told an American soldier: “You have the watches, but we have the time.” His quip was not different from what defaulting
Oil prices and US interest rates control rupee’s fate – The Economic Times–25.05.2018
Where the rupee finally settles and finds a degree of stability will depend on whether this sudden sharp turn in sentiment sustains. Let’s get a
Relief for now: NCLAT asks JAL not to transfer land back to Jaypee Infratech – The Financial Express–25.05.2018
Jaiprakash Associates (JAL) has been asked by the National Company Law Appellate Tribunal (NCLAT) to not transfer 760 acres, mortgaged to its lenders, back to
Insolvency: No fresh bids for Bhushan Power, says NCLAT – The Financial Express–25.05.2018
The NCLAT on Thursday declined a request from the committee of creditors asking Tata Steel and UK-based Liberty House be allowed to submit fresh bids for the
Insolvency: Bhushan Power lenders asked to go ahead with selection of bids | Business Standard News–25.05.2018
The National Company Law Appellate Tribunal (NCLAT) today asked the Committee of Creditors (CoC) of debt-ridden Bhushan Power & Steel to proceed with the bids submitted by Tata Steel and UK-based Liberty
Battle for Essar Steel: Journey of Rewant Ruia from 100% to 0% in Numetal | Business Standard News
The National Company Law Appellate Tribunal (NCLAT) has put the resolution process of Essar Steel on hold. NCLAT will now hear ArcelorMittal and Numetal, the
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