The SFIO contended the NCLT does not have the jurisdiction to direct an investigation into the affairs under the provisions of the Companies Act. The
IBC Amendment 2019: Why landmark legislation failed to rescue MSMEs from vicious cycle of indebtedness – The Financial Express
By R Narayan Ease of Doing Business for MSMEs: Touted as landmark legislation in heralding a massive transformation in the recovery and resolution process, the Insolvency
NCLAT sets aside NCLT June order rejecting SBI plea against Rohit Ferro – The Financial Express
In its order, the NCLT, however, accepted the fact that there was a default and debts are payable by Rohit Ferro to the state-run lender.
Jet Airways’ resolution professional, dutch administrator, agree to cooperate in insolvency – The Financial Express
NCLAT was hearing a petition filed by the Dutch Court Administrator against the order of the Mumbai bench of the National Company Law Tribunal (NCLT),
Understanding the investment slowdown – The Financial Express
The public sector had a secondary role to play, which, however, had increased in scope during this period. The investment rate in the country has
NBFC crisis, slowdown put Modi’s goal of $5 trillion economy at risk – The Financial Express
The nation entered 2019 as the world’s sixth-biggest economy poised to become the fifth. Instead, it has slipped a notch to seventh place. India’s slowdown and a
How companies undergoing insolvency resolution face hardships due to probable clash of GST with IBC – The Financial Express
By Rajat Mohan The introduction of GST has been described as India’s biggest tax reform, and the Insolvency and Bankruptcy Code (IBC) is a landmark
JSW Steel says can’t implement BPSL resolution plan – The Financial Express
The CBI had on April 5 registered an FIR against the erstwhile directors and the debt-ridden firm for alleged siphoning of thousands of crores of
Dissenting financial creditor should not be discriminated: NCLAT – The Financial Express
The National Company Law Appellate Tribunal (NCLAT) rejected the submissions of that Section 30 (2) (b) (ii) of IBC, which allows to treat dissenting financial
JSW Steel moves NCLAT over Bhushan Power & Steel assets – The Financial Express
The two-member NCLAT bench, headed by its chairperson justice S J Mukhopadhaya, has scheduled the matter for hearing on September 16. JSW Steel on Friday
NCLT admits Axis plea against Lanco arm – The Financial Express
LAPL, one of the coal-fired thermal subsidiaries of debt-laden Lanco Infratech, is located in Chhattisgarh and has an operational capacity of 600 MW. The Hyderabad
Growth distress returns: Several narratives of the past turn out to be myths – The Financial Express
The inevitable comparison with the 2012 slowdown calls for revisiting growth narratives of the time. It is important to see how these hold out, as
Weaken Rupee: Will it boost exports? – The Financial Express
It does seem that India’s government yield of 6-6.5% could continue to draw investment interest, despite the fumbling economy and nervous rupee The head of
Big Bank Theory: PSU banks merger must be followed by good governance – The Financial Express
By Himanshu Arora The government has unveiled a mega plan to merge 10 public sector banks (PSBs) into four, thereby reducing the number of state-owned
IBC Amendment 2019: Why landmark legislation failed to rescue MSMEs from vicious cycle of indebtedness – The Financial Express
By R Narayan Ease of Doing Business for MSMEs: Touted as landmark legislation in heralding a massive transformation in the recovery and resolution process, the Insolvency
View: Instead of piecemeal announcements, GoI needs a mid- to long-term approach – The Economic Times
By Sanjaya Baru One of the puzzling things about Prime Minister Narendra Modi is that he has proved to be a master strategist on the domestic political
No Lower Rupee Route to Export Growth–Economic Times
Many attribute tepid Indian export growth to an overvalued rupee, which has risen almost 20% in trade-weighted terms in recent years, and suggest that the
MSME sector: Former Karnataka Minister urges Modi to help MSME sector – The Economic Times
Former Karnataka Industries Minister RV Deshpande on Friday urged Prime Minister Narendra Modi and Finance Minister Nirmala Sitharaman to help the MSME sector by relaxing the moratorium period for repayment of
Nirmala Sitharaman’s latest stimulus brings cheers but industry expects more – The Economic Times
“Tax concessions will bring investments in Make in India, boost employment and economic activity, leading to more revenue,” said Sitharaman. Union Finance Minister Nirmala Sitharaman has announced
MSMEs: In relief for MSMEs, not 1 will be declared NPA till Mar 2020 – The Economic Times
Public sector banks, along with select non-banking finance companies, will fan out across 400 districts to provide loans to farmers, retail borrowers and micro, small
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