RBI’s excess capital can be used to recapitalise banks: Arvind Subramanian
In the midst of a government-Reserve Bank of India (RBI) tussle over utilisation of capital reserves of the central bank, former Chief […]
Month: November 2018
NCLAT upholds verdict to review RIL-JM bid for Alok
The National Company Law Appellate Tribunal (NCLAT) has upheld the order issued by the National Company Law Tribunal (NCLT) directing the resolution […]
Amtek could see fresh bidding as Liberty House fails to pay up
The near-bankrupt Amtek Auto could well see a second round of bidding, as UK-based Liberty House Group (LHG) has failed to pay […]
Sequoia may back ed-tech firm Eruditus; NCLT admits insolvency plea against EMC
ArcelorMittal emerged as the sole-bidder for Essar Group firm, EPC Constructions India Ltd, with a bid of ₹500 crore against outstanding loans […]
NCLAT asks lenders of Jaypee Infratech to summarize their financial claims
The National Company Law Appellate Tribunal (NCLAT) on Thursday asked all the financial creditors and the resolution professional (RP) for Jaypee Infratech […]
NCLAT asks Jyoti Structures’ resolution applicant to revise its plan
The National Company Law Appellate Tribunal (NCLAT) on Thursday ordered the sole resolution applicant of debt-ridden Jyoti Structures Ltd. to revise its […]
Sebi committee to recommend direct listing of Indian companies on foreign exchanges
A nine member committee constituted by Securities and Exchange Board of India (Sebi) is looking to make recommendations that could lead to […]
Independent directors have role of knowledge, scale and input; but don’t push too hard: Uday Kotak
Independent directors must play a role of knowledge, scale and input but we need to be careful to not push it to […]
Tamil Nadu regards M&A property deals as conveyance, imposes stamp duty
The registration department of Tamil Nadu has issued a circular to clarify that the transfer of property taking place under the Companies […]
Dispute Raised For First Time In Reply About Quality Of Goods Will Not Constitute Pre Existing Dispute
The National Company Law Appellate Tribunal has held that a dispute raised for the first time in reply to demand notice or […]