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Banks file petitions before various NCLTs to enforce personal guarantee from defaulting co-promoters
Several banks have begun petitioning the National Company Law Tribunal (NCLT) to enforce personal guarantees granted by defaulting firms'...
Jul 16, 20211 min read


Pre-Packaged Insolvency Process & bank privatisation are high on the agenda for the Monsoon session
Key modifications to the Insolvency and Bankruptcy Code (IBC) to ratify the so-called "pre-Packaged" resolution plan for MSMEs and...
Jul 15, 20213 min read


IPA ICAI invites applications for the Post of Managing Director
The Insolvency Professional Agency of the Institute of Cost Accountants of India (IPA ICAI), a Section 8 Company incorporated under...
Jul 14, 20211 min read


Change in the IFSC codes of certain banks
If you're having difficulties with online transactions or net banking, this is the news for you. Following the merging of many...
Jul 13, 20211 min read


The dictum to shift MP Debts Recovery Tribunal to Uttar Pradesh challenged
The High Court of Delhi decided to ponder upon a matter pertaining to the question of whether the centre can combine the jurisdiction of...
Jul 13, 20211 min read


Calcutta High Court has stayed TDS collection under section 194N of Income Tax Act until September
The High Court of Calcutta passed an interim order prohibiting the Income Tax Department from collecting the TDS under section 194N of...
Jul 13, 20211 min read


Bombay High Court rejected the auction sale of mortgaged Darode-Jog property
The Bombay High Court declared the February 2019 sale of a house constructed by the Darode-Jog group in Pune to be "invalid and legally...
Jul 12, 20212 min read


India and the United Kingdom have agreed to expand their financial sector collaboration ahead of FTA
During the most recent meeting of the India-UK Financial Markets Dialogue, held late on Thursday, India and the United Kingdom (UK)...
Jul 12, 20212 min read


Need for an environmental friendly insolvency regime
The environmental authorities fall under the category of operation creditors under the Insolvency and Bankruptcy Code. The sequence of...
Jul 11, 20212 min read


2nd National Online Quiz on Insolvency and Bankruptcy Code, 2016: IBBI
Insolvency and Bankruptcy Board of India (IBBI) organising 2nd National Online Quiz on Insolvency and Bankruptcy Code, 2016 from 1st...
Jul 10, 20211 min read
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