Thu, Apr 13, 2023
The corporate affairs ministry is implementing the Companies Act and the Insolvency and Bankruptcy Code (IBC). According to the official, amendments are being planned to the two laws, and bills in this regard are expected to be introduced in the monsoon session.
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Tue, Mar 07, 2023
The ruling, which also comes nearly two years after the Committee of Creditors (CoC) gave its nod for Suraksha group's offer, will pave the way for the completion of more than 20,000 housing units in various stalled projects of Jaypee Infratech Ltd (JIL) spread across Noida and Greater Noida in the national capital region.
Fri, Oct 28, 2022
Income Tax appellate tribunal (ITAT) has observed that Government should seriously consider some mechanism to ensure that the tax liability on the capital gains is duly recovered from the borrower whose property is sold or from the person who receives the proceeds of the sale of such assets.
Tue, Oct 30, 2018
Total distressed asset merger & acquisitions has totalled USD 14.3 billion, led by deals like Bhsuhan Steel (USD7.4 billion), Reliance Communications (USD 3.7 billion) and Fortis Healthcare (USD 1.2 billion), financial consultancy Kroll said in note Monday.
Sat, May 21, 2016
Citing an example of Russia, he said, the country went in for a lot of privatisation without emphasis on pro-competition resulting in the creation of oligarchs.
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