Clipped from: https://indianexpress.com After the lockdown is over, several companies are likely to default on their dues to both operational and financial creditors. The latter include
Category: MSME-Startup
Govt. suspends insolvency proceedings – The Hindu
Clipped from: https://www.thehindu.com Fresh proceedings will not be initiated for at least six months starting from March 25 amid the COVID-19 pandemic The government on Friday
Corporate insolvency suspension ordinance promulgated – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com No insolvency initiation for debt defaults arising on or after March 25 The much-awaited ordinance suspending initiation of Corporate Insolvency Resolution Process (CIRP)
Saving viable cos more important than liquidating unviable ones: IBBI chief | Business Standard News
Clipped from: https://www.business-standard.com/ MS Sahoo backed the decision to bring in the IBC amendment ordinance to suspend triggering of corporate insolvency resolutions against cos for any
NCLT needs clear set of protocols to flatten bankruptcy curve, say experts | Business Standard News
Clipped from: https://www.business-standard.com Debt restructuring schemes under company law, and introduction of Code-based pre-packs are worth exploring, say experts Experts say there is no outer date
COVID-19: Govt amends insolvency law; suspends initiation of fresh proceedings for six months | Deccan Herald
Clipped from: https://www.deccanherald.com Seeking to provide relief for corporates, the government on Friday promulgated an ordinance to amend the Insolvency and Bankruptcy Code (IBC) whereby fresh
Bank Loan: Banks reassess loans, home buyers in soup | India Business News – Times of India
Clipped from: https://timesofindia.indiatimes.com MUMBAI: In the season of salary cuts and job losses, builders and people who booked flats in their projects now have to deal
‘Likely blanket suspension of fresh cases under IBC may kill any chances of viable restructuring of assets’ – The Financial Express
Clipped from: https://www.financialexpress.com/ While other jurisdictions have also adopted the accommodative stance, they have been varying and have drawn a redline for defaults that may have
Last thing we want at time of health crisis is to do something that creates a financial crisis: Uday Kotak | Business News,The Indian Express
Clipped from: https://indianexpress.com Uday Kotak said that there is an opportunity to rebalance rural and urban and that the state needs to work towards the aspect
‘Return to pre Covid-19 growth will take a year’, says Kotak Mahindra CEO – business news – Hindustan Times
Clipped from: https://www.hindustantimes.com/ Uday Kotak said we are in a completely new era post Covid-19 and thus, revival cannot be evaluated on average. Rajeev JayaswalHindustan Times,
Why the IBC ordinance to suspend insolvency pleas for six months, spells trouble – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com Exempting Covid related defaults from insolvency under IBC permanently, can lead to unwarranted consequences For corporates caught in the Covid led crisis, the
Firms rush to register as MSMEs, but most may not get loans: Officials | Business Standard News
Clipped from: https://www.business-standard.com The government had last month announced loans worth Rs 3 trillion for an estimated 4.5 million MSMEs that are facing a liquidity crunch
Economics and welfare | Business Standard Editorials
Clipped from: https://www.business-standard.com There is merit in RBI’s position on loan moratorium Economic recovery from the Covid-19 shock will need to be carefully nurtured. Policy decisions
Applying the wrong medicine: Revival package doesn’t help the poor or middle class, backbone of India’s broken economy–times of india
Clipped from: https://timesofindia.indiatimes.com Justice is at the heart of all human endeavour. This pandemic has taken us all by surprise. The task of a responsive government
Why the IBC ordinance to suspend insolvency pleas for six months, spells trouble – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com Exempting Covid related defaults from insolvency under IBC permanently, can lead to unwarranted consequences For corporates caught in the Covid led crisis, the
How banks are caught in the Covid grip – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com deep pit in the desert. 3d rendering – petrovv deep pit in the desert. 3d rendering – petrovv× Covid-19 has thrown the banking
Suspension of IBC: Spotlight now on schemes under the Companies Act | Business Standard News
Clipped from: https://www.business-standard.com/ In view of the suspension of the IBC, the government must create an alternative framework. It is the need of the hour A
Blueprint for a more healthy economy | Business Standard Column
Clipped from: https://www.business-standard.com What we need is a map – an economic blueprint – that will address the need for domestic growth and put in place
Why most businesses, startups trying to register as MSMEs may not get loans | Business Standard News
Clipped from: https://www.business-standard.com The government had last month announced loans worth Rs 3 trillion for an estimated 4.5 million MSMEs that are facing a liquidity crunch
MSMEs call govt’s decision for funding NPA accounts historic; hail approval to revised definition – The Financial Express
Clipped from: https://www.financialexpress.com Ease of Doing Business for MSMEs: MSME Minister Nitin Gadkari in a press briefing announced the Cabinet approval to the revision in the
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