UPI transactions cross 500 million in November
Monthly transactions through the Unified Payments Interface (UPI) crossed the 500 million mark for the first time in November, data released by […]
Author: Bharath Reddy Bojja
P Chidambaram pokes fun at BJP for celebrating GDP data
Congress leader P Chidambaram poked fun at the BJP Saturday over the GDP growth data, saying it did not warrant any jubilation […]
India’s weakening economy adds to case for RBI to hold rates
India’s economy grew at a much slower pace than economists expected last quarter, giving the central bank more reason to keep interest […]
Moody’s estimates GDP to grow at 7.4% in FY2019-20, outlook on banks stable
Moody’s Investors Service’s annual Banking System Outlook on India estimated the country’s real gross domestic product (GDP) for the current financial year […]
Limitation Act applies to IBC proceedings
The Supreme Court, while hearing an appeal against an order of National Company Law Appellate Tribunal (NCLAT), held that Limitation Act, 1963, […]
Set norms for creditors’ panel: NCLT
The Chennai Bench of the National Company Law Tribunal (NCLT) has called for procedures for regulating the affairs of the committee of […]
IBC outcome encouraging and disposal quite quick: IBBI chief
The speed of resolution process has to improve so as to make the Insolvency and Bankruptcy Code (IBC) more responsive to the […]
Stamp duty on merger, an illegal circular
A merger or amalgamation between two companies had to be earlier sanctioned by a high court under the Companies Act, 1956, and […]
NCLAT triggers insolvency against an unincorporated Joint Venture
In yet another landmark ruling under the Insolvency and Bankruptcy Code, the NCLAT has held that insolvency can be triggered against an […]
NCLT Resolutions: The dim minority view
Minority shareholders of debt-laden companies referred to the National Law Tribunal (NCLT) may not get outsized rewards for sticking with their investments […]