E-PaperBankrutpcy Laws In India News
Working out the kinks in the bankruptcy code
The human capital that surrounds the architecture of insolvency and bankruptcy code needs both a quantity and quality fix, otherwise the process will get bogged down like our civil legal system
4 min read11 Jun 2018IBC Amendment Bill cleared by the Parliament
The IBC Amendment Bill was passed by Rajya Sabha amid concerns that the changes could bar genuine domestic investors from the insolvency resolution process, adversely affect MSMEs and lead to large scale litigation
3 min read2 Jan 2018Restrictions on bidders for bankrupt firms is good optics, but sub-optimal fix
Keeping out promoters may protect the government from accusations of crony capitalism but it is a body blow to banks seeking to extract the most paise out of every rupee of loans in default
4 min read24 Nov 2017Popular Topics
Budget
The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared