E-PaperInsolvency Rules News
SBI in pact with NeSL for sharing data under insolvency rules
State Bank of India (SBI) signs an agreement with National E-Governance Services Limited (NeSL) to share information under the insolvency regulation
1 min read30 Jan 2018Insolvency resolution professionals seek clarity on compliance when firms turn hostile
After the IBC put a near blanket ban on defaulting promoters, many of them have turned hostile, asking the employees to become non-cooperative, say resolution professionals
3 min read17 Jan 2018New insolvency rules will reduce flexibility
Insolvency resolution is a commercial process and lenders should be allowed to take informed decisions
4 min read27 Nov 2017First test of India’s new bankruptcy law offers cautionary tale
In January, Innoventive Industries was forced into the bankruptcy court by its lenders, testing for the first time new insolvency rules that aim to resolve $150 bn bad debt overhang
4 min read11 Jul 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