Aditya Khaitan appeals the NCLT's decision to institute insolvency proceedings against McLeod
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![Aditya Khaitan appeals the NCLT's decision to institute insolvency proceedings against McLeod](https://static.wixstatic.com/media/d515a3_17b7f1410f72437f9cae86e4939036fe~mv2.jpg/v1/fill/w_209,h_209,fp_0.50_0.50,q_90,enc_auto/d515a3_17b7f1410f72437f9cae86e4939036fe~mv2.webp)
McLeod Russel India's promoter, Aditya Khaitan, has appealed the National Company Law Tribunal's decision to initiate insolvency...
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- Aug 20, 2021
- 2 min
Risk-averse banks’ negative impact on MSMEs
The Prime Minister's dream of a $5-trillion Indian economy by 2025 along with effective financial inclusion and sustainable economic...
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- Aug 20, 2021
- 2 min
NCLT passes liquidation order against Nirav Modi’s flagship firm Firestar International
The dedicated bankruptcy court has ordered Nirav Modi's main company Firestar International Ltd. to be liquidated, and Shantanu T. Ray...
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- Aug 20, 2021
- 2 min
Kotak bank launches DIY repayment platform using AI & ML technology
In a partnership with Creditas Solutions, a fintech firm, private sector lender Kotak Mahindra Bank (KMBL) has created a do-it-yourself...
![IFCI files a complaint with the NCLT against Videocon's debt resolution as oil assets to be included](https://static.wixstatic.com/media/d515a3_fbd1f951315748c3a2d3018f7b2da296~mv2.png/v1/fill/w_209,h_209,fp_0.50_0.50,q_95,enc_auto/d515a3_fbd1f951315748c3a2d3018f7b2da296~mv2.webp)
- Aug 20, 2021
- 2 min
IFCI files a complaint with the NCLT against Videocon's debt resolution as oil assets to be included
IFCI Ltd., a Videocon lender, has filed a petition with the National Company Law Tribunal to stop the other lenders from selling Videocon...
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![Central Government (CBDT) notifies to amend Income-tax Rules, 1962](https://static.wixstatic.com/media/d515a3_1639abc637aa42f9a81e13c4ee33ee28~mv2.jpg/v1/fill/w_209,h_209,fp_0.50_0.50,q_90,enc_auto/d515a3_1639abc637aa42f9a81e13c4ee33ee28~mv2.webp)
- Aug 19, 2021
- 2 min
Central Government (CBDT) notifies to amend Income-tax Rules, 1962
G.S.R. 578(E).—In exercise of the powers conferred by clause (c) and clause (cd) of section 140 and clause (viii) of sub-section (2) of...
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![A 'Tenant in Sufferance' Not entitled to any protection of Rent Act against SARFAESI Proceedings: SC](https://static.wixstatic.com/media/d515a3_4eaeeae93ab64b5ba201e3cc7b4a02e0~mv2.jpg/v1/fill/w_209,h_209,fp_0.50_0.50,q_90,enc_auto/d515a3_4eaeeae93ab64b5ba201e3cc7b4a02e0~mv2.webp)
- Aug 19, 2021
- 3 min
A 'Tenant in Sufferance' Not entitled to any protection of Rent Act against SARFAESI Proceedings: SC
The Supreme Court stated that a tenant in suspense is not entitled to any Rent Act protection from SARFAESI actions. A "tenant at...
![Shipra Estates has been dragged to insolvency court by IIFL for defaulting on an Rs. 315 crore loan](https://static.wixstatic.com/media/d515a3_fdbb1df9c9b04b4fb9d099dddc361623~mv2.png/v1/fill/w_209,h_209,fp_0.50_0.50,q_95,enc_auto/d515a3_fdbb1df9c9b04b4fb9d099dddc361623~mv2.webp)
- Aug 19, 2021
- 2 min
Shipra Estates has been dragged to insolvency court by IIFL for defaulting on an Rs. 315 crore loan
According to legal sources familiar with the matter, IIFL AMC, an asset management firm, has filed a corporate insolvency application...
![The Supreme Court has rejected banks' request for RTI exemption](https://static.wixstatic.com/media/d515a3_003681934dc9497cb330638f3b20ee95~mv2.png/v1/fill/w_209,h_209,fp_0.50_0.50,q_95,enc_auto/d515a3_003681934dc9497cb330638f3b20ee95~mv2.webp)
- Aug 19, 2021
- 3 min
The Supreme Court has rejected banks' request for RTI exemption
A Supreme Court bench led by Justice S.A. Nazeer refused to hear petitions from the various public sector and private banks, including...
![What is to follow if VodafoneIdea dies/ files bankruptcy?](https://static.wixstatic.com/media/d515a3_26bb5786722e4d3d877f09ef4438b692~mv2.png/v1/fill/w_209,h_209,fp_0.50_0.50,q_95,enc_auto/d515a3_26bb5786722e4d3d877f09ef4438b692~mv2.webp)
- Aug 18, 2021
- 2 min
What is to follow if VodafoneIdea dies/ files bankruptcy?
As Vodafone Idea approaches insolvency, the question is whether the government should intervene to save the company. Will an emergency...
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