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RBI releases Handbook of Statistics on the Indian Economy 2020-21
The Reserve Bank of India (RBI), today released its annual publication titled “Handbook of Statistics on the Indian Economy, 2020-21”...
Sep 16, 20211 min read


Withdrawal/ modification by a successful Resolution Applicant is not permitted post submission to AA
The Supreme Court has declared the position in the law to not enable a withdrawal or modification to a successful Resolution Applicant...
Sep 14, 20212 min read


Yes Bank's ARC plan will reduce the need for higher provision cover: ICRA
According to rating agency ICRA, Yes Bank's proposal to establish an Asset Reconstruction Company (ARC) and transfer its pool of stressed...
Sep 13, 20212 min read


Big tech corps. has the potential to destabilise India's financial stability: RBI
Amazon and Google have both declared ambitions to enter the deposit booking business, despite the Reserve Bank of India (RBI) warning...
Sep 13, 20213 min read


IBC Section 227, failed experience in the light of DHFL case
The Insolvency and Bankruptcy Code, 2016 (IBC) was intended to be a mechanism for resolving the borrower's insolvency as a continuing...
Sep 13, 20213 min read


Govt. approves the proposal for the appointment of Judicial Members and Technical Members in NCLTs
The Appointments Committee of the Cabinet has approved the proposal for the appointment of the following persons to the posts of Judicial...
Sep 11, 20211 min read


NCLT admits TVS Automobile plea against KPN to recover ₹5.27-cr dues
The National Company Law Tribunal (NCLT) on Tuesday granted TVS Automobile Solutions Pvt. Ltd.’s appeal to collect dues of 5.27 crore...
Sep 10, 20212 min read


SC stays proceedings in Delhi HC, asks NCLT, CCI, SEBI not to pass final orders for 4 weeks
The Supreme Court on Thursday granted Future Group a major victory by staying all proceedings before the Delhi High Court in a case...
Sep 10, 20212 min read


IBBI offers solutions to the creditors' stalemate, as well as the auction process during liquidation
4,541 strained businesses have been brought to bankruptcy courts as of June this year. Insolvency procedures have been completed in 2,859...
Sep 10, 20213 min read


Cryptocurrency to be taxed?
The much-anticipated digital currency draft Bill might propose to characterize cryptographic forms of money and group them dependent on...
Sep 9, 20212 min read
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