All stories by RUCHIKA CHITRAVANSHI
IBC: 'Defaulters' paradise is lost'Rediff.com30 Mar 2021
'The Insolvency and Bankruptcy Code cleans up non-performing assets and puts companies in capable and credible hands.'
Independent directors of loss-making firms must be paid: GovtRediff.com20 Mar 2021
Till now, there was no provision in the Companies Act that allowed a remuneration for the non-executive director if the company was in loss or had inadequate profits. Only the executive director was entitled for a remuneration in the event of a loss.
Stressed firms must get ready for bankruptcy proceedingsRediff.com18 Mar 2021
With just a few days left for the suspension on fresh corporate insolvency cases to end, government sources have indicated that another extension is unlikely. An extension may not be economically desirable as it hampers the restructuring prospects for stressed companies, according to senior officials. Also, it would be a challenge to amend the law in such a short time. A Bill would have to be passed in both Houses of Parliament, if any change, with respect to suspension of Insolvency and Bankruptcy Code (IBC), is to be made - including extension or creating any exceptions to the rule.
How the new Companies Act will affect Tata Sons, Bharti TelecomRediff.com22 Feb 2021
Companies such as Tata Sons and Bharti Telecom, which are unlisted but have listed subsidiaries, may soon have to file periodic financial statements with the registrar of companies under the new provision of the Companies Act. The provision requires greater financial disclosures by a certain category of unlisted companies.
After a year of Covid, India may not face a second waveRediff.com9 Feb 2021
Epidemiologists point out that if there is no second wave, it means that the number of infected has surpassed the uninfected, reports Ruchika Chitravanshi.
Despite Covid, registration of new companies went up in 2020Rediff.com24 Jan 2021
Moreover, 5,611 companies struck off earlier by the ministry of corporate affairs because of compliance-related lacunae, were registered again.
Trusts, societies have to register with MCA by April 1Rediff.com23 Jan 2021
Corporate social responsibility rules that kicked in on Friday also set a three year time-limit for any CSR project, among a series of other amendments introduced by the government.
Covaxin has tolerable safety: LancetRediff.com23 Jan 2021
The vaccine was well tolerated in all dose groups with no vaccine-related adverse events.
Govt proposes phase-wise pre-packed insolvency processRediff.com18 Jan 2021
A draft proposal by the sub-committee of the insolvency law committee has recommended that the corporate debtor (CD) may initiate the prepack since it may prove difficult to implement if creditors are allowed to do so without the willingness of the promoter.
'Vaccine is far safer than getting Covid'Rediff.com16 Jan 2021
'I would go for Bharat Biotech's Covaxin and not Covishield, and that is my personal judgment since at least 11,500 have got at least one dose by now and it has proven to be safe.'
Nod for Covid vaccine in next few days: Serum Institute's PoonawallaRediff.com29 Dec 2020
The Serum Institute of India has stockpiled 40 mn-50 mn doses and is adding more every week. Most of these will come to India.
'Unprecedented vaccine trial in India'Rediff.com23 Dec 2020
Bharat Biotech recruited 13,000 participants for the Phase-3 clinical trial of Covaxin. This is one of the largest efficacy trials held in the country.
COVID-19: How to get vaccinatedRediff.com19 Dec 2020
For vaccination, online registration is mandatory. Thereafter, eligible beneficiaries will be informed on their registered mobile number about the nearest vaccination facility, and the date and time of vaccination.
More than 60% of bankruptcy proceedings led to liquidation in Q2Rediff.com16 Dec 2020
Experts say this further underlines the lack of investor interest in stressed assets at present.
Govt to decriminalise provisions of LLP ActRediff.com23 Nov 2020
One of the changes being proposed is allowing LLPs to issue non-convertible debentures.
Foreign listing of start-ups, MSMEs will now be easierRediff.com10 Nov 2020
The criteria for allowing companies to avail of this provision will include profitability, networth, paid-up capital, and turnover.
How complex is the process of getting approval for a vaccine?Rediff.com30 Sep 2020
Vaccine development is a long process to ensure safety and efficacy through different stages and involves regulatory supervision every step of the way. Ruchika Chitravanshi takes you through this carefully drawn journey of vaccine development.
'We are moving fast towards the peak of the epidemic'Rediff.com23 Sep 2020
Unsurprised by the rising numbers, epidemiologists are concerned about the virus reaching rural and tribal areas where the health infrastructure is weak, reports Ruchika Chitravanshi.
'Covid has not crushed demand for foreign education, it has only delayed it'Rediff.com4 Sep 2020
'Students are taking a keen interest in a hybrid model, where they start classes online and then complete the course on campus.'
Companies allowed to extend AGMs by up to 3 monthsRediff.com20 Aug 2020
Indian companies are required to hold AGMs within six months of closure of the financial year.