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SA cleric who attended Nizamuddin congregation dies of COVID-19

A South African Muslim cleric, who recently returned from India after attending the Nizamuddin congregation, has died after contracting the novel coronavirus, according to his family members.......

What makes this loss-making steel co so attractive?

Long products demand growth is expected to be sharp, supported by a demand push from the government-led infrastructure investments in affordable housing, railways, rural electrification and road......

Govt amends insolvency law; special package for MSMEs

Seeking to provide a quicker and value-maximising outcome for stressed MSMEs, the government has introduced a pre-packaged resolution process for such enterprises by amending the insolvency law.......

Even as old ones lie unsolved, new cases head to bankruptcy courts

The delay is mainly due to litigation and late clarifications by various government agencies including the Reserve Bank of India and litigation by the Enforcement Directorate. Illustration:......

IBC: 'Defaulters' paradise is lost'

'The Insolvency and Bankruptcy Code cleans up non-performing assets and puts companies in capable and credible hands.' Illustration: Uttam Ghosh/Rediff.com India's landmark insolvency law, now in......

Stressed firms must get ready for bankruptcy proceedings

An extension may not be economically desirable as it hampers the restructuring prospects for stressed companies. Illustration: Dominic Xavier/Rediff.com With just a few days left for the......

Lack of prep before ODI World Cup has Aus skipper worried

‘It's something the ICC will have to weigh up in whether the tournament goes ahead. Will every team in the competition have the opportunity to prepare adequately for a World Cup? There are......

Will IPL replace postponed T20 World Cup?

IMAGE: The IPL, which has also been postponed indefinitely due to the pandemic, will likely start in the last week of September and end in the second week of November. Photograph: BCCI The......

T20 World Cup postponed due to coronavirus

This year's Twenty20 World Cup, which was scheduled to begin in Australia on October 18, has been postponed because of the COVID-19 pandemic, the sport's governing International Cricket Council......

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Assocham to govt

In a representation to the Finance Ministry, the chamber said that given the increasing pressure on businesses, it would be imperative to extend... ...

https://economictimes.indiatimes.com/news/economy/policy/reimpose-moratorium-on-taking-cos-to-nclt-under-ibc-due-to-covid-assocham-to-govt/articleshow/82102432.cms

Aircel lenders to move SC against NCLAT order

Lenders to Aircel and UV Asset Reconstruction, which was to take over the defunct telco’s assets under the insolvency process, are planning to... ...

https://economictimes.indiatimes.com/industry/telecom/telecom-news/aircel-lenders-uvarcl-to-move-sc-as-nclat-bars-spectrum-sale/articleshow/82075912.cms

What makes this loss-making steel co so attractive?

Long products demand growth is expected to be sharp, supported by a demand push from the government-led infrastructure investments in affordable... ...

http://www.rediff.com/money/report/what-makes-this-loss-making-steel-co-so-attractive/20210414.htm

The apex court said the principal objects of IBC is to provide for "revival of the Corporate Debtor and to make it a going concern" and remedied... ...

https://economictimes.indiatimes.com/news/india/dues-by-ailing-firms-to-centre-states-extinguish-if-not-part-of-resolution-plan-under-ibc-sc/articleshow/82054295.cms

Can pre-packaged insolvency resolution under IBC be helpful for MSMEs?

The Code emphasizes on reorganization and insolvency resolution of the Corporate Debtor (CD), while maximizing the value of assets of the CD and... ...

https://economictimes.indiatimes.com/small-biz/legal/can-pre-packaged-insolvency-resolution-under-ibc-be-helpful-for-msmes/articleshow/81981074.cms

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