Clipped from: https://www.mondaq.com/india/insolvencybankruptcy/1054818/indian-insolvency-quarterly-roundup-2021-january-2021-to-march-2021 The year began on a high note, with several noteworthy judgments being delivered by the Indian Supreme Court in matters involving the Insolvency
The Concept Of “As-Is Where-Is” And “As-Is What-Is” A Secured Creditor’s Point Of Responsibility? – Finance and Banking – India
Clipped from: https://www.mondaq.com/india/securitization-structured-finance/1044610/the-concept-of-as-is-where-is-and-as-is-what-is-a-secured-creditor39s-point-of-responsibility Introduction As the legal framework for curtailing and controlling mounting Non-Performing Assets (“NPA“) started becoming inadequate, there was a spike in the number
The Concept Of “As-Is Where-Is” And “As-Is What-Is” A Secured Creditor’s Point Of Responsibility? – Finance and Banking – India
lipped from: https://www.mondaq.com/india/securitization-structured-finance/1044610/the-concept-of-as-is-where-is-and-as-is-what-is-a-secured-creditor39s-point-of-responsibility Introduction As the legal framework for curtailing and controlling mounting Non-Performing Assets (“NPA“) started becoming inadequate, there was a spike in the number
The Principle Of “As Is Where Is” And “As Is What Is Basis” In Relation To Secured Assets Purchased In Public Auction Under Sarfaesi Act,2002-IndiaLaw LLP Blog
Clipped from: https://www.indialaw.in/blog/blog/banking-and-finance/the-principle-of-as-is-where-is-and-as-is-what-is-basis-in-relation-to-secured-assets-purchased-in-public-auction-under-sarfaesi-act2002/ INTRODUCTION As the Legal frame work and mechanism for curtailing and controlling mounting Non- Performing Assets (“NPA”) has become inadequate and outdated which
Tax indemnity clause leads to friction among buyers & sellers of firms | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/irritant-for-pe-players-as-m-as-face-friction-over-tax-indemnity-clause-121042901412_1.html The Centre had allowed the tax dept more time to relook at old transactions Buyers and sellers of companies are clashing over how long they
Why vehicle owners may have no truck with scrappage policy – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/why-vehicle-owners-may-have-no-truck-with-scrappage-policy/article34436641.ece?homepage=true For those with old trucks, the policy’s appeal is limited due to poor cost economics Owners of old trucks might not find it
Interest on interest refunds: Lenders make provisions in Q4FY21 – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/interest-on-interest-refunds-lenders-make-provisions-in-q4fy21/article34439976.ece?homepage=true The IBA recently finalised a uniform methodology for refund or adjustment, as per the Supreme Court judgement Post the announcement of fourth quarter
Information Utility advantage – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/information-utility-advantage/article34442461.ece Part of IBC framework, Information Utility is a boon for creditors One of the biggest challenges faced by business entities, especially the smaller
Companies look to cover currency risk as rupee set to turn volatile – The Economic Times
Clipped from: https://economictimes.indiatimes.com/markets/forex/companies-look-to-cover-currency-risk-as-rupee-set-to-turn-volatile/articleshow/82315086.cms Synopsis”Companies with overseas borrowings are increasingly covering their positions as any sudden drop in the rupee’s value will raise their repayment liabilities amid
What did Centre do in last 14 months: Madras HC – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/india/what-did-centre-do-in-last-14-months-madras-hc/articleshow/82320982.cmsSynopsis Responding to the additional solicitor general’s submission that the Covid-19 surge was ‘unexpected’, Chief Justice Sanjib Banerjee said the Centre should have acted
Ministry of Corporate Affairs nudges Sebi on startup listing rules – The Economic Times
Clipped from: https://economictimes.indiatimes.com/tech/startups/mca-nudges-sebi-on-startups-listing-rules/articleshow/82315977.cmsSynopsis A startup that has listed on the IGP platform can migrate to the mainboard provided the company meets several conditions, including a profit
Sebi gives more time to brokers, clearing members for compliance with rules – The Financial Express
Clipped from: https://www.financialexpress.com/market/covid-19-sebi-gives-more-time-to-brokers-clearing-members-for-compliance-with-rules/2242639/ The deadline for maintaining call recordings of orders or instructions received from clients has been extended till June 30, 2021, Sebi said in
Exhausted, helpless, doctors struggle to keep sinking health system afloat | Business Standard News
Clipped from: https://www.business-standard.com/article/current-affairs/exhausted-helpless-doctors-struggle-to-keep-sinking-health-system-afloat-121042901595_1.html Many are grappling with guilt at having to turn patients away, not being able to save lives Tanuj Chauhan, a 25-year-old residential medical
Decide on cashless Covid treatment in an hour: Irdai to insurance firms | Business Standard News
Clipped from: https://www.business-standard.com/article/current-affairs/insurers-given-an-hour-to-inform-hospitals-of-cashless-nod-for-covid-claims-121042901124_1.html Order follows a Delhi HC directive to the insurance regulator on this issue The Insurance Regulator and Development Authority (Irdai) on Thursday asked
SEBI eases compliance requirements, cos can file Q4 results till Jun 30–business today
The companies have also been given an additional month till June 30 to file their annual secretarial compliance report. SEBI also eased compliance requirement for
Lost dear one to COVID? Check out eligibility for Rs 2 lakh govt insurance claim–business today
Clipped from: https://www.businesstoday.in/money/insurance/lost-dear-one-to-covid-check-out-eligibility-for-rs-2-lakh-govt-insurance-claim/story/437886.html There are some reports that the insurance claim under Pradhan Mantri Jeevan Jyoti Bima Yojana has to be made within 30 days after
Tata to finally enter online grocery with CCI nod to BigBasket stake deal | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/tata-to-finally-enter-online-grocery-with-cci-nod-to-bigbasket-stake-deal-121042900892_1.html With this, Tata Digital will buy 64.3% stake in Supermarket Grocery Supplies and also be sole control over Innovative Retail Concepts, which runs
health insurance reimbursement claim: Insurers should reimburse medical treatment at home when hospital beds unavailable: View – The Economic Times
Clipped from: https://economictimes.indiatimes.com/wealth/insure/health-insurance/insurers-should-reimburse-medical-treatment-at-home-when-hospital-beds-unavailable-view/articleshow/82289093.cmsSynopsis Patients who are being forced to settle for medical treatment at home due to scarcity of hospital resources, will not be able to
Health insurance premiums are set to rise: 10 strategies, discounts that can bring down mediclaim costs – The Economic Times
Clipped from: https://economictimes.indiatimes.com/wealth/insure/health-insurance/health-insurance-premiums-are-set-to-rise-10-strategies-discounts-that-can-bring-down-mediclaim-costs/articleshow/82228626.cmsSynopsis While you may not be able to curb the surging cost, there are various smart strategies, options and discounts, which if availed of,
Pandemic may cut life policy cover – The Economic Times
lipped from: https://economictimes.indiatimes.com/wealth/personal-finance-news/pandemic-may-cut-life-policy-cover/articleshow/82286115.cmsSynopsis The situation in life insurance is similar to health where insurers are cautious in terms of accepting proposals from those who have recently
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