Category: May Look At Leisurely

The resolution plan so reached can then be placed before the NCLT for approval, so that it can be implemented. The government is exploring the

Tax and regulatory arbitrage are likely to become increasingly common as well. The singular issue of Brexit has consumed the United Kingdom for two and

Hurdles in the Essar Steel (ESIL) insolvency case before the National Company Law Tribunal’s (NCLT’s) bench at Ahmedabad continue to pile up. A hearing is

The last three weeks have seen the collapse of oil. Prices have fallen to 2018 lows and more falls may be on the cards. This

India and Pakistan have agreed to construct a new border entry point and road, for Sikh pilgrims to visit Gurdwara Darbar Sahib there, at Kartarpur. The decision coincides with the 550th anniversary

Brent crude may have crashed through the $60/barrel mark Friday as the market’s bearish mood continued to gather momentum but one has to remember that

Recently, the Insolvency Law Committee, constituted by the Ministry of Corporate Affairs, published its second report, which recommends adoption of the UNCITRAL Model Law on

The Commerce Ministry is working with the Finance Ministry and the Prime Minister’s Office to sort out the problem of availability of finance for the

The Indian rupee continues to retain strength against the US dollar. Indeed, the currency made its best weekly gains since March 2016. The rupee strengthened

The Centre should take the emerging bearish forecasts for oil with a pinch of salt An audible sigh of relief has gone around Indian economy

The NCLAT ruling in the Binani Cement case has set an important precedent for future IBC cases The long drawn battle between Dalmia Bharat group’s

Rupee has strengthened sharply, gaining more than 5% since the dog days of October. Around mid-August, Trump’s impending sanctions against Iran (amidst his general railing)

Rajiv Kumar emphasised that India’s large and growing economy should give a strong base for our companies to improve scale and become global. The Niti

SCB has also challenged the Resolution Plan of Arcelor as being incomplete and in violation of the IBC. Standard Chartered Bank, the third-largest secured financial creditor

The Supreme Court bench led by Justice RF Nariman rejected the Rajputana appeal, setting the stage for a formal takeover of the company by the

ArcelorMittal’s acquisition of Essar Steel is a done deal despite attempts by erstwhile promoters, the Ruias, to retain the asset, said bankers with knowledge of

With its other macro indicators in not-so-great shape, it is worrying that India’s fiscal deficit numbers should now threaten to overshoot targets for this fiscal.

Recently, the Insolvency Law Committee, constituted by the Ministry of Corporate Affairs, published its second report, which recommends adoption of the UNCITRAL Model Law on

The Insolvency Law Committee’s recommendations are a step in the right direction, but some aspects need a rethink The way Nirav Modi’s entities have filed

Nippon Steel to own nearly equal stake The committee of creditors of the debt-laden Essar Steel India Ltd. has chosen ArcelorMittal SA and Japan’s Nippon