SC quashes RBI Feb 12 circular: What it means for deal activity in India

Mumbai: India-focused distressed assets funds may see higher deal activity in … according to data from the Insolvency and Bankruptcy Board of India. from Google Alert – Insolvency & Bankruptcy india https://ift.tt/2FUgZzV File your insolvency claims/Submit your resolution plans at https://ift.tt/2ImnrTH

DNA Money Edit: Long-drawn insolvency process hits Supreme Court wall

The Supreme Court ruling on Tuesday that put down the contentious circular of Reserve Bank of India (RBI), issued on February 12, 2018, has come … from Google Alert – Insolvency & Bankruptcy india https://ift.tt/2OLWQ20 File your insolvency claims/Submit your resolution plans at https://ift.tt/2ImnrTH

Fewer default cases may head to NCLT

“Automatically, the number of cases going to the NCLT under Insolvency and Bankruptcy Code (IBC) law will get reduced with this judgement. The RBI … from Google Alert – Insolvency & Bankruptcy india https://ift.tt/2FUlrPm File your insolvency claims/Submit your resolution plans at https://ift.tt/2ImnrTH

Power sector resolution to get delayed on Supreme Court order

Supreme Court's order quashing Reserve Bank of India's February 12, … "the Insolvency and Bankruptcy Code (IBC) has constitutional validity and the … from Google Alert – Insolvency & Bankruptcy india https://ift.tt/2OIUBfN File your insolvency claims/Submit your resolution plans at https://ift.tt/2ImnrTH

Supreme Court scraps tough RBI circular on resolving bad debt

… could direct initiation of insolvency under the Insolvency and Bankruptcy Code, … and, therefore, violative of Article 14 of the Constitution of India. from Google Alert – Insolvency & Bankruptcy india https://ift.tt/2OLxHoc File your insolvency claims/Submit your resolution plans at https://ift.tt/2ImnrTH

SC order quashing RBI circular to give relief to power cos but delay bankruptcy proceedings

New Delhi, Apr 2 () The Supreme Court order quashing a Reserve Bank of India circular on resolving bad debt will provide relief to power companies … from Google Alert – Insolvency & Bankruptcy india https://ift.tt/2HUkqcm File your insolvency claims/Submit your resolution plans at https://ift.tt/2ImnrTH

Supreme Court quashes RBI circular on insolvency issued last year

Supreme Court quashes RBI circular on insolvency issued last year … resolution was not found by August 27, NPA accounts should be sent to bankruptcy courts … The Reserve Bank of India (RBI) had on February 12, 2018, issued a … from Google Alert – Insolvency & Bankruptcy india https://ift.tt/2WFWEUu File your insolvency claims/Submit your resolution … Continue reading Supreme Court quashes RBI circular on insolvency issued last year

SC quashes RBI circular on insolvency issued last year

SC quashes RBI circular on insolvency issued last year … to the provisions for declaring a company bankrupt even on a one-day overdue. … Reserve Bank of India's (RBI) had on February 12, 2018 issued a circular saying that … from Google Alert – Insolvency & Bankruptcy india https://ift.tt/2HU1eLL File your insolvency claims/Submit your resolution plans … Continue reading SC quashes RBI circular on insolvency issued last year

RBI February 12 Circular fails Supreme Court Test: Why this is good news for power, sugar, other …

RBI February 12 Circular fails Supreme Court Test: The top court of India today … it may also lead to a change in the basics of India's bankruptcy regime. … any loan account over Rs 2,000 crore under the Insolvency and Bankruptcy … from Google Alert – Insolvency & Bankruptcy india https://ift.tt/2WJa4PR File your insolvency claims/Submit … Continue reading RBI February 12 Circular fails Supreme Court Test: Why this is good news for power, sugar, other …

SC declares RBI’s circular mandating insolvency proceedings as ultra vires

The RBI circular said that in the pre-Insolvency and Bankruptcy Code (IBC) stage, the moment a commercial entity is in default on a loan of Rs 2,000 … from Google Alert – Insolvency & Bankruptcy india https://ift.tt/2HV8Ltt File your insolvency claims/Submit your resolution plans at https://ift.tt/2ImnrTH

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