News (Individual) 63/68

Jan 18, 20212 min read

DHFL’s lenders approve Piramal capital bid for the resolution plan u/s 30(4) of the IBC, 2016

The creditors of stressed mortgage lender Dewan Housing Finance Corporation Limited (DHFL) have approved the resolution bid submitted by...

Jan 18, 20211 min read

Bombay High Court grants Stay Demand Notice seeking levy of Service Tax from an Advocate

The Bombay High Court has stayed a demand notice issued by the Assistant Commissioner of Central Goods and Services Tax (CGST), seeking...

Jan 18, 20212 min read

Supreme Court issues notice to BCI on Petition challenging the All-India Bar Examination Rules 2010

The Supreme Court on Monday sought the response of the Bar Council of India (BCI) in a petition which has challenged the validity of All...

Jan 16, 20211 min read

Extension of term of office of B. L. Bhatt and A.I.S. Cheema as member (Judicial), NCLAT

Central Government notifies extension of the tenure of Justice (Retd.) Shri Bansi Lal Bhat and Justice (Retd.) Shri A.I.S. Cheema as...

Jan 16, 20211 min read

Govt. is planning to set up Development Finance Institution (DFI) model for infrastructure sector

The government is considering setting up a Development Finance Institution model (DFI ) to support the infrastructure sectors. It is...

Jan 15, 20211 min read

Three Virtual Workshops on "Committee of Creditors: An Institution of Public Trust"

The manner of rescue is as important as the rescue itself. The manner of rescue must ensure optimum utilisation of limited resources of...

Jan 15, 20211 min read

Round Table on Pre-Packaged Insolvency Resolution Process under IBC, 2016

India has proposed a pre-packaged insolvency option that will allow creditors and debtors to work on an informal plan and then submit it...

Jan 15, 20212 min read

BharatPe and Centrum Group jointly may submit formal bid to acquire PMC Bank

The payments company BharatPe and financial services firm Centrum Group plan to make a formal bid for the crisis-hit Punjab and...

Jan 13, 20212 min read

Need to reduce the insolvency resolution time under IBC

As per the financial stability report released by Reserve Bank of India, the corporate insolvency resolution process (CIRPs), which...

Jan 11, 20212 min read

E-filing in NCLAT and Circuit Bench in Mumbai - Notice by Bombay HC to NCLAT

The Bombay High Court in a writ petition filed in relation to e-filing under NCLAT and establishing circuit bench of NCLAT in Mumbai.

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