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NCLT Admits Insolvency Plea Against Jet Airways
The Mumbai bench of National Company Law Tribunal (NCLT) on Thursday, admitted petition filed by the State Bank of India (SBI) for resolution of Jet Airways under the Insolvency and Bankruptcy Code (IBC). The NCLT also directed the Interim Resolution Professional ...
Nclt Admits Insolvency Plea Against Jet Airways

SC Scraps RBI February 12 Circular: What This Means
The Reserve Bank of India came up with a circular last year dated February 12 and today the apex court has rendered it illegal. The circular named Resolution of Stressed Assets - Revised Framework" forced a lot of financially stressed companies ...
Sc Scraps Rbi February 12 Circular Stands Invalid What This
Govt To Review Insolvency And Bankruptcy Code Today
The ministry of corporate affairs will meet lending institutions today to discuss cases pertaining to distressed assets under the Insolvency and Bankruptcy Code or IBC. There shall be discussion on 52 matters of large defaulters who made it in the RBI's ...
Govt May Ask RBI To Relax Capital Norms For Banks: Report
As per the leading business daily report, the government will engage in discussion with the RBI to reduce and relax capital requirements currently stipulated for banks so as to align them to less-strict Basel III norms. The proposal comes after ...
Govt May Ask Rbi Relax Capital Norms Banks Report
BSE To List Startups From July 9
The BSE platform shall allow listing of startup firms from July 9 provided the company seeking listing have a pre-issued paid up equity capital of Rs. 1 crore minimum. The company should also be in existence for a minimum of 3 ...
IBC Amendments Now Treats Homebuyers As Financial Creditors
On Wednesday, amendments to the Insolvency and Bankruptcy Code have been given approval by the Union Cabinet to thus treat homebuyers as financial creditors at par with banks and other institutional creditors for recovering dues from real estate firms that have ...
Ibc Amendments Now Treats Homebuyers As Financial Creditors
Home Buyers Should be Treated as Financial Creditors: IBC Panel
Home buyers should be treated as financial creditors which will allow them to equitably participate in an insolvency resolution process, a high-level panel examining the Insolvency and Bankruptcy Code (IBC) has recommended to the government. The 14-member panel, headed by the ...
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