With the Insolvency and Bankruptcy Code 2016 (IBC) shifting the balance of power, borrowers are making good the amounts in default to the creditors, and
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Tweak in insolvency resolution process to open window wider for original promoters – Today’s Paper – The Hindu BusinessLine
The Insolvency and Bankruptcy Board of India (IBBI) proposes to make the legal regime around withdrawal of resolution applications under the Insolvency and Bankruptcy Code
IBC: RCom lenders to finalise RP from shortlist of 5 – The Hindu BusinessLine
The lenders of Reliance Communications (RCom), an Anil Ambani group company, have shortlisted five Resolution Professionals (RPs) based on technical evaluation for the debt-laden firm’s
Lenders’ differences, legal challenges behind delay in resolutions under IBC | Explained News, The Indian Express
IBC offers better recovery rate of 43% to financial creditors. A number of hurdles have recently delayed debt resolution at Essar Steel India Ltd, which
GST: Now, owners may have to pay different GST for identical flats–Economic Times
The taxman has asked builders to choose before May 10 the new goods and services tax (GST) rate for ongoing realty projects. The concessional rate,
SC shocked over “manipulation” of court’s order in Amrapali case, says more heads will roll – The Economic Times
Shocked by “unfortunate” manipulation of its order in the high profile Amrapali case, the Supreme Court Wednesday issued a stern warning to errant Registry staffers and said some more
gdp data row: NDA govt’s growth figures are a sham: P Chidambaram – The Economic Times
It is now in the public domain that the MCA data is full of holes. NSSO has found that 35% of the companies in the
GST: What a novice exporter needs to keep in mind–Economic Times
By Rajat Mohan Novice exporter should always ensure that he is aware of all regulations related to exports including registration procedure, compliances in terms of current taxation
gst: Abbott anti-profiteering case stayed, hope for other firms – The Economic Times
The Delhi High Court’s recent stay on anti-profiteering proceedings against AbbottNSE -0.27 % Healthcare opening a window for other firms to become party to the case that challenges constitutional
IL&FS resolution on track; green companies’ Rs 12,000 cr debt likely to be settled by July: Official – The Economic Times
Noting that the issue is the distribution ratio between secured and unsecured creditors, he said one option could be that senior creditors get precedence and
Bimal Jalan: After elections, set up a body to audit how data was calculated: Bimal Jalan – The Economic Times
One of the big issues facing the Indian economy is that of data credibility. This is the second time around that we have seen the NSSO data being
IL&FS resolution on track; green companies’ Rs 12,000 cr debt likely to be settled by July: Official – The Economic Times
Noting that the issue is the distribution ratio between secured and unsecured creditors, he said one option could be that senior creditors get precedence and
Real estate crisis: Representative voting by homebuyers likely – The Financial Express
A stalemate in Jaypee Infratech’s insolvency resolution process and the possibility of similar deadlocks in the rescue plans for other bankrupt realtors, where homebuyers form
Supreme Court says unilateral alteration of contract by govt can’t be foisted upon unwilling party – The Financial Express
The Supreme Court on Wednesday held that any unilateral addition or alteration of a contract by the government can never be foisted upon an unwilling
Builders to refund GST on cancellation of flats booked in FY19 – The Financial Express
Builders will have to refund GST paid by home buyers in case he cancels the flat booked in the last fiscal and will be allowed
More questions on GDP | Business Standard Editorials
Indian official data for both employment and output has increasingly begun to be questioned both internally and internationally. This concern began to be expressed first
‘Dodgy GDP numbers’ rattle markets; stocks go into free fall – The Hindu BusinessLine
Economic woes, poor corporate show add to gloom Stock markets in India are coming to terms with the impending economic stress even as the initial
Home buyers have no say in choice of GST rate: FinMin – The Hindu BusinessLine
A home buyer cannot decide which GST rate will be applicable on the amount remaining on an under-construction flat. A lowered duty was made applicable
ICRA expects better realisations for lenders under IBC in FY20 – The Hindu BusinessLine
Our Bureau Rating agency ICRA said on Wednesday it expects financial creditors to realise more than ₹80,000 crore in FY20 from the IBC process, against
Current crisis in SC is an opportunity to address serious gender disparity on the bench | The Indian Express
The judiciary is one of the least diverse institutions in this country with lack of gender diversity being the most visible yet ignored aspect. (Illustration
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