Jaypee group chairman Manoj Gaur made a fresh effort to gain back control of Jaypee Infratech — a real estate company for which another firm has already been named the
Category: Merits back reference
Binani Cement lenders to meet on Wednesday to mull UltraTech revised offer | Business Standard News–08.05.2018
The Committee of Creditors (CoC) of Binani Cement is likely to meet on Wednesday this week to consider the revised offer of Rs 79.60 billion from UltraTech Cement for
New GST returns may remove the leeway given to companies with less than Rs 1.5 cr turnover – Business Line–08.05.2018
This guideline will, however, help the system move towards invoice matching, which can check tax evasion The new single-page return and the transition process approved
Mapping insolvency: ArcelorMittal may pay off dues as ‘goodwill gesture’ | Business Standard News–04.05.2018—-*****
ArcelorMittal made a strong pitch for eligibility before the committee of creditors (CoC) on Wednesday, but if asked to pay dues on account of defaulting companies,
Resolution professional valued Binani Cement assets improperly: NCLT | Business Standard News–04.05.2018—–*****
The Kolkata Bench of National Company Law Tribunal (NCLT), in its order, has upheld the allegations filed by the promoter of Binani Cement against the company’s resolution professional, Vijay
ArcelorMittal offers to clear dues of Uttam Galva and KSS Petron – Business Line–04.05.2018
ArcelorMittal, the world’s largest steel company, has offered to pay the ₹8,500-crore debt of both Uttam Galva Steels and KSS Petron as a “goodwill” gesture
Why the MSP regime isn’t clicking – Business Line–04.05.2018
Without the backing of a robust procurement policy and associated logistics it is bound to fail Under Indian conditions, agriculture faces several risks — weather,
Modi: Is the Indian economy out of the woods yet? – The Economic Times–02.05.2018
Amit Kapoor By all estimates, the Indian economy has entered a phase of recovery. After a period of subdued growth that was marred by a
More work for an active debt market–Economic Times–02.05.2018
An active debt market calls for proactive policy, and the Reserve Bank of India’s (RBI) move last week to liberalise investment criteria for foreign portfolio
Why deepening the bond markets is a good idea – The Financial Express–02.05.2018
Given the sharp spike in bond yields over the past several months and the fact the borrowing calendar for 2018-19 is not a particularly light
‘India to lose if oil prices climb more’ – BUSINESS – The Hindu–30.04.2018
India, along with other emerging economies like Turkey and the Philippines, will be a loser if the recent oil price rise continues, according to a
Resolving individual insolvency cases a distant dream | Business Standard Column–30.04.2018
The erstwhile regulatory system for liquidation or resolution or reconstruction of sick companies operated under fragmented laws. The Insolvency and Bankruptcy Code can be regarded as a
‘Early initiation prevents ballooning of insolvency’ – Business Line–30.04.2018-R
IBC ensures minimum liquidation value for operational creditors: Insolvency and Bankruptcy Board head In a bid to prevent chronic defaulters and fraudulent promoters from regaining
‘RBI fiat on loan revamp for 1-day payment delay right’ – The Hindu–30.04.2018
The culture of saying ‘okay’ for 10-day delay needs to change, says R. Seshasayee, chairman, IndusInd Bank The Reserve Bank of India’s (RBI) circular directing
Systems, practices need to develop before allowing pre-packs: IBBI chief – Business Line–27.04.2018-R
Business enterprises may have to wait for some time to use the concept of “pre-packs” as part of the insolvency regime, Insolvency and Bankruptcy Board
The IBC requires some cleaning up | Business Standard Column–27.04.2018
Questions persist on the legal standard that insolvency professionals – particularly those who replace the authority of the boards of directors of insolvent companies –
GST jigshaw: Why E-way bill is a vital piece of the puzzle – The Financial Express–24.04.2018
An integral part of achieving the ‘no tax evasion’ objective of the goods & services tax (GST) has been the prescription of a requirement for
Supplier to merchant exporter can claim refund of unutilised credit | Business Standard News–24.04.2018
We are supplying to merchant exporter and charging 0.1 per cent IGST. Our ITC is accumulated. Can we file refund application on the grounds of inverted tax
The RBI is beginning to bare its fangs – Business Line–23.04.2018
With its recent actions and statements, the RBI is sending out the message that it is no longer business as usual on the regulatory front
Aadhaar, PAN cards mandatory for opening bank accounts, says RBI | Business Standard News–22.04.2018
The Reserve Bank of India (RBI) has made Aadhaar and PAN cards mandatory for opening bank accounts. The RBI said the updated know-your-customer (KYC) requirement was subject to the Supreme Court’s
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