Deadlines extended for filing I-T returns and GST
Finance minister Nirmala Sitharaman relaxes regulatory and compliance norms for individuals and companies as the economy navigates a tough time caused by the Coronavirus outbreak.
ibc
March 2020
January 2020
December 2019
November 2019
August 2019
February 2019
January 2019
December 2018
November 2018
October 2018
Winners and losers of the decade
More than 56% of the 1,942 listed companies in India generated a positive CAGR between 2010 and 2019.
A stronger IBC that helps consumers, protects buyers
The recently-amended Insolvency and Bankruptcy Code, 2016, not only insulates buyers from the misdeeds of the former owners, but also sets a threshold for launching corporate insolvency cases.
IBC: The saviour of India’s distressed assets
How the Insolvency and Bankruptcy Code is fast turning out to be the last resort not only for bankrupt companies, but for NBFCs and even debt-laden banks.
SC upholds homebuyers’ status as financial creditors
The latest Supreme Court judgement upholding amendments in IBC gives far reaching powers to homebuyers. Experts say it increases the ease of doing business.
Had guts to direct RBI to act on NPAs: Piyush Goyal
Interim finance minister Piyush Goyal says the current government’s efforts towards tackling bad loans have paid off.
Essar Group repays over 80% of its debt
The group has repaid more than ₹1,37,000 crore of loans to global and Indian lenders. Its only continuing lender is now Russia’s VTB Group.
IBC: A driver of debt recoveries
The IBC may be working well for successful resolution in case of large companies but it is often perceived as a hindrance in the way MSMEs function.
IBC’s identity crisis
It has been more than two years since India’s newest law for dealing with bankrupt companies was ratified. Yet, it remains unclear what is its purpose.
Ruias throw the kitchen sink to regain Essar Steel
With the corporate insolvency resolution process for the steelmaker entering its final leg, the company’s promoters offer to clear all dues to retain control.
