The Insolvency and Bankruptcy Code (IBC) amendment to plug a loophole in the law that allowed promoters to re-purchase their stressed assets at a discounted price
Insolvency process: Crackdown against defaulting owners is good; why no one should shed tears – The Financial Express–28.11.2017
Given how many promoters have often gamed the system and got away with defaulting on loans, leaving banks to take huge haircuts, it is only
No, India not strong enough yet: S&P’s status quo cools Moody’s upgrade | Business Standard News–28.11.2017
Standard & Poor’s stuck with its “BBB-minus” sovereign rating and “stable” outlook for India on Friday, declining to follow Moody’s recent decision to upgrade the
Crisil’s urges focus on labour-intensive sector’s issues as exports fall | Business Standard News–28.11.2017
At a time when global trade is set to accelerate, the fall in India’s export is disquieting and structural changes in labour-intensive sectors such as
Only ‘errant promoters’need fear IBC: entre | Business Line–28.11.2017
In defence of its recent insolvency ordinance, the government has asserted that the entire effort is aimed at “disqualifying errant promoters” while providing for a
New IBC provisions to deepen losses for banks: Report | Business Line–28.11.2017
Promoters of steel companies undergoing resolution under the bankruptcy code were keen to bid for assets but will not be able to do so now
Recovery of dues: SC ruling allows CBDT to withdraw court cases with retrospective effect | Business Line–28.11.2017
Providing major relief to corporates and small businesses, a Supreme Court ruling minimises pending disputes with tax authorities. The court has ruled that the notifications
New GST filing dates: GST rejig recap: A guide to all changes and revised tax filing dates – Times of India–28.11.2017
After the much needed rate overhaul in the ongoing Goods and Services Tax (GST) structure, there have been a slew of changes in the deadlines
HSN code: How to find HSN code for GST – Times of India–28.11.2017
With GST, most of the goods and services were classified uniformly using Harmonised Commodity Description and Coding System or HSN. The HNS is a multipurpose
Digital discount: rise in compliance burden feared – The Hindu–28.11.2017
The Goods and Services Tax Council’s proposal to offer a 2% discount for electronic transactions, likely to be discussed during its next meeting, will need
IBC code: India’s new insolvency ordinance: Blunt, unforgiving and political – The Economic Times–27.11.2017
promoters of failed companies are as untrustworthy as those who bankrolled them. This is the message from the Ordinance that was moved on Thursday to
Don’t create entry barriers for promoters–Economic Times–27.11.2017
The insolvency Ordinance will not be an optimal solution if its implementation doesn’t recognise three crucial factors. First, all efforts must be made to allow
Indira Gandhi put the poor on the agenda, says P Chidambaram – The Financial Express–27.11.2017
November 19, 2017, passed without a national observance. It was a sad reflection on our sense of history. It was a silent comment on the
Rs 50,000 crore of exporters’ GST refund stuck | Business Standard News–27.11.2017
At least Rs 50,000 crore worth of goods and services tax (GST) refunds of exporters for four months are stuck, impacting working capital and outbound
Simply junk the entire GST law | Business Standard Column–27.11.2017
Last week, Sushil Modi, a key member of the Goods and Services Tax (GST) Council, said 80 per cent of all issues relating to GST
Changes to Insolvency Code: Banks likely to face legal tangle | Business Standard News–27.11.2017
With legal issues thrown up by the recent changes to the Insolvency and Bankruptcy Code (IBC), any benefits to banks from resolution of the stressed
Bankruptcy ordinance: Motivated criticisms? | Business Standard Column–27.11.2017
I have never been a fan of the new bankruptcy law, stylishly called the Insolvency and Bankruptcy Code (IBC). The reason is that it does
Brief case: SC recommends changes in IBC rules | Business Standard Column–27.11.2017
The Supreme Court (SC) has recommended amendment of rules pertaining to the Insolvency and Bankruptcy Code (IBC) so as to make it easier for the
Bankruptcies and revivals | Business Line–27.11.2017
With nearly 400 cases admitted by the National Company Law Tribunal under the Insolvency and Bankruptcy Code 2016 , the six-month window to arrive at
Messy fix: the amended insolvency code – The Hindu–27.11.2017
Less than 12 months after the Insolvency and Bankruptcy Code came into force with the goal of easing the resolution of corporate insolvency, the Central
aniltikotekar4sme.com 