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2 mins read
No fresh IBC proceedings till December, says Centre
In a gazette notification, the Ministry of Corporate Affairs (MCA) said that the suspension on o…
3 mins read
Haircut on cases resolved through IBC not very encouraging, says Kotak report
Haircuts on cases resolved through the Insolvency and Bankruptcy Code (IBC) are still very high, ne…
2 mins read
Amendments to competition law likely in Budget session
A bill to amend the competition law was introduced in Parliament on August 5 last year and was late…
PTI
2 mins read
Govt to amend insolvency law to reduce time taken for resolution process
The corporate affairs ministry's move to amend the law also comes against the backdrop of conce…
PTI
1 min read
Scheduled international passenger flights to remain suspended till Jan 31, says DGCA
The regulator issued a circular on Thursday, saying "The competent authority has decided to ex…
PTI
1 min read
IBC provides lifeline for distressed cos: Sahoo
Exemplifying his point, Sahoo said the average life of S&P 500 companies has reportedly come d…
PTI
1 min read
India extends suspension of international passenger flights till February 28 amid rising COVID-19 cases
Keeping in mind the rising global COVID-19 cases across the world as well as in India, the Governme…
2 mins read
New COVID-19 strain in India: Ban on flights from the UK extended till January 7
From November 25 to December 23 midnight, about 33,000 passengers disembarked at various India…
2 mins read
'We want to give jobs to Americans' — Trump defends suspending issuance of new green cards
Washington, Jun 24 () US President Donald Trump has defended his decision to suspend issuing of gre…
PTI
2 mins read
NCLAT closed till July 10 after staff member tests COVID-19 positive
The NCLAT was constituted under Section 410 of the Companies Act, 2013 for hearing appeals against …
PTI
1 min read
NCLAT judge recuses from hearing Raveendran's plea against insolvency proceedings of Byju
Raveendran had filed a petition challenging the initiation of insolvency proceedings against Think …
PTI
3 mins read
Go First Gone: 11th private airline to 'drop' out of skies in a decade
The tottering Indian aviation sector hit fresh turbulence when early this month, another flourishin…
2 mins read
Creditors take a haircut of 70% in insolvency cases: CareEdge report
The CareEdge report has found that the cumulative recovery rate has been on a downtrend, decreasing…
3 mins read
Onion traders in Nashik district go on indefinite strike over export duty; govt orders strict action
Taking serious cognisance, the District Sub-registrar, Co-operative Societies, on Wednesday nigh…
PTI
4 mins read
Families concerned over 'escalating tension' between India and Canada
With India warning its citizens to "exercise utmost caution" while in Canada amid escalation of the…
5 mins read
Parliament Winter Session 2023: Trinamool MP Mahua Moitra expelled from Lok Sabha
Trinamool MP Mahua Moitra was on Friday expelled from the Lok Sabha after a discussion on the repor…
ANI
2 mins read
Govt raises default threshold to Rs 1 cr for invoking insolvency proceedings against firms
"Due to the emerging financial distress faced by most companies on account of the large-scale econ…
PTI
4 mins read
Simply put: Why has FIFA banned India and how will it impact India’s football industry?
The Under-17 Women’s World Cup was scheduled to be held across Odisha, Goa and Maharashtra in …
3 mins read
Recovery through insolvency process better compared to other options: IBBI chief
Citing an RBI data, he said it indicates that in 2018-19, banks recovered 5.3 per cent, 3.5 per ce…
PTI
6 mins read
From war to layoffs to meltdowns to famous deaths: The year that was 2022
Russia invaded Ukraine and got suspended from the UNHRC. Massive layoffs took place at Meta, Twitte…