Delhi-based Amtek Auto’s insolvency resolution process was initiated by Corporation Bank. Lenders to the bankrupt Amtek Auto have approached the Chandigarh bench of National Company
Insolvency Code: Operational creditors should get a say, vote in insolvency process says SC | Business Standard News
Operational creditors of companies undergoing the corporate insolvency resolution process should have a say in the committee of creditors (CoC) and get voting rights proportional
SBI chairman says amendments required in section 29A of insolvency code | Business Standard News
State Bank of India Chairman Rajnish Kumar (pictured) said amendments in the Section 29A of the Insolvency and Bankruptcy Code (IBC) are necessary as the earlier amendment imposed a blanket
How conflicts of interests among stakeholders challenge IBC’s effectiveness | Business Standard News
Six blind men are in a room with an elephant. Each touches the animal and tries to discern its shape, size, age, and other aspects
With over 10,000 cases, manpower shortage, NCLT struggles with workload | Business Standard News
With over 10,000 cases and only half the manpower it should have, the National Company Law Tribunal (NCLT) is buckling under the weight of its
Insolvency code missing deadlines of recoveries 2 yrs after ambitious start | Business Standard News
Time-bound resolution, a cornerstone of the Insolvency and Bankruptcy Code (IBC), is under question. If value maximisation is one of the pillars of the IBC, achieving it
NCLT allows ICICI Bank’s Rs 7-bn claim in Era Infra insolvency case | Business Standard News
The Principal Bench of the National Company Law Tribunal (NCLT) on Thursday directed the resolution professional (RP) of Era Infrastructure India to admit ICICI Bank’s Rs 7-billion
Insolvency regime: Time for pre-packs? – The Financial Express
These very financial creditors, when assembled as committee of creditors, can swiftly approve the plan when presented by the insolvency professional under the IBC. There
Solving the Brexit puzzle | Business Standard Editorials
British Prime Minister Theresa May on Wednesday managed to survive a vote of confidence among the parliamentary contingent of her own Conservative Party. The opposition was unexpectedly stiff —
Health Insurance-A valid proposal | Business Standard Editorials
The National Institution for Transforming India, or NITI Aayog, has reportedly proposed the creation of a new National Health Authority. This authority will oversee the new universal
RBI-New order at Mint Road | Business Standard Editorials
The government has moved swiftly to appoint Shaktikanta Das, a seasoned bureaucrat and a man with impeccable integrity, as the 25th Governor of the Reserve Bank
Take care of NBFCs | Business Standard Editorials
Regulation of non-banking financial companies (NBFCs) is reportedly being significantly tightened soon, with the Reserve Bank of India (RBI) reviewing their reporting and financing requirements.
Crisis at Mint Road | Business Standard Editorials
Urjit Patel’s resignation as governor of the Reserve Bank of India (RBI), the first such resignation in the post-liberalisation period, is a moment of crisis for institutional
France-A winter of discontent | Business Standard Editorials
There is hatred in the air in the city of love as millions pour into key locations of Paris to protest falling living standards and “monetised slavery”.
Economy-A balancing act | Business Standard Editorials
In some bad news for the fiscal situation, it has been reported that the excess of government expenditure over revenue in the period between April
Sovereignty has its revenge in Europe | Business Standard Column
Western Europe was supposed to have transcended history. A region where nations were happy to surrender their sovereignty to supranational authority in Brussels and the leadership was
The future of oil prices | Business Standard Column
Opec’s decision on December 7 to cut production to shore up crude oil prices was expected. Whether this will have the intended effect is not
India’s zombie raj: Companies on life support, and distressed banks | Business Standard Column
The old line that it was the job of the Federal Reserve “to take away the punch bowl just as the party gets going” needs
Trade war and China’s economic prospects | Business Standard Column
The world breathed a sigh of relief at the truce arrived at between US President Donald Trump and his Chinese counterpart, Xi Jinping in Buenos Aires on the sidelines of the recent G-20
Right intent, wrong definition | Business Standard Column
Sanjay Singal, promoter of the distressed Bhushan Power & Steel, is an angry man. In his petition before the Supreme Court, Mr Singal has questioned
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