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Collusive commercial arrangements between Creditors and CD wouldn't constitute a 'financial debt'—SC
The Supreme Court has held on Monday, that the commercial arrangements between creditors and Corporate Debtor were collusive in nature,...
Feb 3, 20213 min read


Application for the Initiation of insolvency resolution process against a personal guarantor
Rule 9 of the Insolvency and Bankruptcy (Application to Adjudicating Authority for Insolvency Resolution Process for Personal Guarantors...
Feb 2, 20211 min read


Memorandum to the Finance Bill 2021
The Finance Minister, Smt. Nirmala Sitharaman has presented the Union Budget 2021-22 in the Parliament. The Finance Minister thoroughly...
Feb 1, 20211 min read


Sovereign Gold Bond Scheme 2020-21 Series XI will be open for subscription from 1 to 5 February 2021
The Sovereign Gold Bond Scheme 2020-21 - Series XI will be open for subscription for the period from 1 February 2021 to 5 February 2021....
Jan 30, 20211 min read


IBBI upholds Chartered Accountant guilty of accepting role of RP without holding valid Authorisation
The Insolvency and Bankruptcy Board of India (IBBI) Disciplinary Committee has upheld an order against a Professional Member of the...
Jan 30, 20212 min read


The IBBI organises a Workshop on “Committee of Creditors: An Institution of Public Trust"
The Insolvency and Bankruptcy Board of India (IBBI) jointly with the State Bank of India and the Indian Banks’ Association organised a...
Jan 29, 20211 min read


Asset quality situation remains healthy in SBI: Dinesh Kumar Khara
The asset quality situation at State Bank of India (SBI) remains healthy and the faster-than-expected economic recovery may improve the...
Jan 28, 20211 min read


Pandemic support measures require extension in Budget: IMF Chief Economist Gita Gopinath
International Monitory Fund (IMF)’s Chief Economist Gita Gopinath has favoured the extension of the pandemic support measures. The Indian...
Jan 28, 20211 min read


Yes Bank Founder Rana Kapoor remand custody to ED extended till 30 Jan. 2021: PMLA Court
Yes Bank founder Rana Kapoor was arrested by the Enforcement Directorate (ED) for allegedly sanctioning over Rs. 200 crore loan to Mack...
Jan 28, 20211 min read


Finance Minister Nirmala Sitharaman inaugurated Chennai Bench of NCLAT
Finance Minister Nirmala Sitharaman inaugurated Chennai Bench of National Company Law Appellate Tribunal (NCLAT) in virtual mode. It is...
Jan 27, 20212 min read
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