Going by the decision of the appellate tribunal to allow the Committee of Creditors (CoC) for Binani Cement to consider an offer by Ultratech, even
Category: Merits back reference
Legal challenges could undermine IBC | Business Standard Column–05.04.2018
The legal system should trust the process of the IBC. Permitting exceptions on a case by case basis is a dangerous path to go down The Indian Bankruptcy Code (IBC)
Insolvency law: IBBI chief puts India Inc’s directors on notice – Business Line–05.04.2018-R
Directors of companies facing the insolvency process cannot go unscathed while the companies they ran are hauled over the coals. For the first time ever,
Why we don’t need PSBs: Bank privatisation must be on the reform agenda of the next government–Times of India–05.04.2018—–*****
The banking sector, a major engine of growth, has been greatly underperforming in India. This is an inherited problem for the present government. Experts in
What rising bond yields tell us about the economy – The Hindu–05.04.2018—–*****
The bond market is a strong indicator of investor confidence in the government. Here is how you can read it. The recent furore over the
Bond cover-up – Business Line-05.04.2018
A large part of Indian banks’ non-performing asset (NPA) woes can be traced to the fact that when their lending decisions go awry, they sweep
GST E-Way Bill: It’s all about ‘Jugad’- Business News–Business Today-05.04.2018
The last two days of the e-way bill implementation under the Goods and Services Tax (GST) regime, has been uneventful, with over 11.18 lakh tax
Insolvency and Bankruptcy Code: IBC panel suggests treating home buyers as financial creditors – The Economic Times–04.04.2018
Wilful defaulters and those whose accounts have been classified as non-performing assets, among others, are barred from bidding for stressed assets. Home buyers should be
Insolvency | Bankruptcy Law: IBC panel recommends changes to revamp insolvency resolution process–Economic Times–04.04.2018-R
Watch IBC revamp details as panel recommends changes in resolution process The MS Sahoo-led Insolvency and Bankruptcy panel has recommended changes to the insolvency resolution framework in its report
For a deeper market for stressed assets–Economic Times–04.04.2018
Tweaks to eligibility and bidding norms under the Insolvency and Bankruptcy Code must be subservient to the core public policy goal of the process: maximising
Careful not to spook bankers, will hit lending – The Financial Express–04.04.2018
At a time when PSU banks are already reeling under the onslaught of bad news, the last thing they need is to feel that every
GST: Need to revisit the complex system – The Financial Express–04.04.2018
Even after nine months of unveiling the GST, the system continues to be unsettled, and there is a palpable sense of uneasiness among the governments
Several systemic loopholes led to PNB loan fraud, says ICAI panel–Business Today–04.04.2018
A high-power group, constituted by the Institute of Chartered Accountants of India (ICAI) to look into the PNB loan fraud case, has found systemic failure at many
Responsible lending: Need of the hour for India- Business News–04.04.2018
In an era, where banks and financial institutions are grappling to come to terms with an onslaught of frauds and irresponsible behaviour, a lot is
Think of unsecured creditors, too – The Financial Express–03.04.2018
A process that condones failure to consider a higher financial offer or supports causation of loss of hundreds of crores to unsecured and other creditors
MSP–Look before you leap – The Financial Express–03.04.2018
With farm prices of several commodities falling way below their minimum support prices (MSPs) in 2016-17 and 2017-18, farmers have been under increasing stress. The
RBI’s powers over PSBs: What’s the truth? – I | Business Standard Column–03.04.2018
About a month ago, reacting to the strident criticism of failing to prevent rampant corrupt practices in public sector banks (PSB), Reserve Bank of India (RBI) Governor Urjit Patel argued, perhaps
Insolvency and Bankruptcy Board of India | Eligibility Criteria–02.04.2018
Insolvency and Bankruptcy Board of India 02nd November, 2017 Limited Insolvency Examination, 1st January 2018 The Board hereby specifies under regulation 3(3) of the Insolvency
GST–e-Way Bill rolls out from today: All you need to know in 10 points – The Financial Express–02.04.2018
The GST e way bill aims to bring in a uniform billing rule which will be applicable across the country. e-Way Bill (Electronic Bill) is
More jobs, please! Indian youth don’t want to be just pakodawallas–Times of India–Mr.Chetan Bhagat–02.04.2018
A Twitter survey was conducted on India’s job situation — informal, not scientific, usual disclaimers apply — on my account. More than 20,000 people participated.
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