Three MDs and eleven EDs of public-sector banks have had their terms extended by the government
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![Three MDs and eleven EDs of public-sector banks have had their terms extended by the government](https://static.wixstatic.com/media/d515a3_4d35edad71f5469387628a1ab8463c96~mv2.jpg/v1/fill/w_209,h_168,fp_0.50_0.50,q_90,enc_auto/d515a3_4d35edad71f5469387628a1ab8463c96~mv2.webp)
Three managing directors (MDs) and ten executive directors (EDs) of public-sector banks have had their terms extended by the government,...
![Code of Conduct for Committee of Creditors (CoC) is under process: MCA](https://static.wixstatic.com/media/d515a3_341edc448182439ab3f1ba215b97f1fe~mv2.png/v1/fill/w_209,h_209,fp_0.50_0.50,q_95,enc_auto/d515a3_341edc448182439ab3f1ba215b97f1fe~mv2.webp)
- Aug 30, 2021
- 2 min
Code of Conduct for Committee of Creditors (CoC) is under process: MCA
A professional code of conduct for the committee of creditors (CoC) in insolvency cases is on the cards, Rajesh Verma, Secretary,...
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![IBBI invites comments on issues related to a CIRP on the discussion paper](https://static.wixstatic.com/media/d515a3_cb1ce2dbbcee494a9bcb5c3bb1542b9c~mv2.jpg/v1/fill/w_209,h_209,fp_0.50_0.50,q_90,enc_auto/d515a3_cb1ce2dbbcee494a9bcb5c3bb1542b9c~mv2.webp)
- Aug 30, 2021
- 2 min
IBBI invites comments on issues related to a CIRP on the discussion paper
This discussion paper solicits comments on the following issues related to a corporate insolvency resolution process (CIRP): A. Code of...
![Insistence on Bank Guarantee of private banks in preference to foreign banks a Fallacy: SC](https://static.wixstatic.com/media/d515a3_3c6b07609a194ddd98c3927db0d3648e~mv2.png/v1/fill/w_209,h_172,fp_0.50_0.50,q_95,enc_auto/d515a3_3c6b07609a194ddd98c3927db0d3648e~mv2.webp)
- Aug 28, 2021
- 3 min
Insistence on Bank Guarantee of private banks in preference to foreign banks a Fallacy: SC
In a dissenting judgement, Supreme Court Justice Indira Banerjee stated that it is incomprehensible why bank guarantees from Scheduled...
![Finance Minister is looking into insurance bonds as a possible replacement for bank guarantees](https://static.wixstatic.com/media/d515a3_16d85459a83942efa72789641d8e7015~mv2.png/v1/fill/w_209,h_209,fp_0.50_0.50,q_95,enc_auto/d515a3_16d85459a83942efa72789641d8e7015~mv2.webp)
- Aug 27, 2021
- 2 min
Finance Minister is looking into insurance bonds as a possible replacement for bank guarantees
According to Finance Secretary T.V. Somanathan, the government is considering introducing insurance bonds as an alternative to bank...
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![Videocon’s AGR dues: SC stops DoT from encashing Bharti Airtel’s bank guarantees](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 26, 2021
- 3 min
Videocon’s AGR dues: SC stops DoT from encashing Bharti Airtel’s bank guarantees
The Supreme Court on Tuesday ordered the Department of Transportation not to use Bharti Airtel's bank guarantees (BGs) for three weeks in...
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![IRPs, RPs and liquidators can now appear before tax authorities, rules CBDT](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 26, 2021
- 2 min
IRPs, RPs and liquidators can now appear before tax authorities, rules CBDT
Interim resolution professionals (IRPs) and resolution professionals (RPS) have now got the formal recognition of income-tax authorities...
![Streamlining outbound investments](https://static.wixstatic.com/media/d515a3_be33318eeb6f4a47a9516049a4902b65~mv2.png/v1/fill/w_209,h_209,fp_0.50_0.50,q_95,enc_auto/d515a3_be33318eeb6f4a47a9516049a4902b65~mv2.webp)
- Aug 24, 2021
- 2 min
Streamlining outbound investments
Outbound investments from India. have been traditionally governed by the Foreign Exchange Management (Transfer or Issue of Any Foreign...
![Mukesh Ambani vs. Jeff Bezos fight for Future points to lacunae in India's bankruptcy law](https://static.wixstatic.com/media/d515a3_626be67bcc9e4ed290feb2135c9d58a1~mv2.png/v1/fill/w_209,h_209,fp_0.50_0.50,q_95,enc_auto/d515a3_626be67bcc9e4ed290feb2135c9d58a1~mv2.webp)
- Aug 24, 2021
- 3 min
Mukesh Ambani vs. Jeff Bezos fight for Future points to lacunae in India's bankruptcy law
A telecom company and a store are shining a light on India's experience with aided corporate death and rebirth. The vision that stares...
![RBI wants you to memorize 16-digit Credit, Debit card numbers, Expiry date, CVV for security purpose](https://static.wixstatic.com/media/d515a3_8295acfee014456db9d62336186b6484~mv2.png/v1/fill/w_209,h_209,fp_0.50_0.50,q_95,enc_auto/d515a3_8295acfee014456db9d62336186b6484~mv2.webp)
- Aug 24, 2021
- 2 min
RBI wants you to memorize 16-digit Credit, Debit card numbers, Expiry date, CVV for security purpose
The Reserve Bank of India (RBI) is adamant about its amended data storage policy requirements. The RBI has rejected payment gateway...
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