The Reserve Bank of India (RBI) had last week, set up a five-member committee under ICICI Bank’s former CEO and non Executive Chairman K.V. Kamath’s leadership to make recommendations on the required...
The National Company Law Appellate Tribunal (NCLAT) has held that the approved Resolution Plan can be challenged before the Adjudicating Authority on limited grounds referred to in Section 30(2) or...
The Government has invited feedback from the public on a draft report prepared by an expert panel to deliberate on framing rules for non-personal data governance. The panel has been set up under...
As the landmark Insolvency and Bankruptcy Code (IBC) has come a long way since its inception in the past three-and-a-half years, the Chairman of the Insolvency and Bankruptcy Board of India (IBBI),...
The Insolvency and Bankruptcy Board of India (IBBI) has amended the regulations making it mandatory for the Committee of Creditors (CoC) of insolvent companies to put all compliant resolution plans to...
The Insolvency and Bankruptcy Board of India (IBBI) has come up with a document which lists ‘red flags’ to detect avoidance transactions by corporate debtors.The document provides guidelines to...
In yet another lapse by the Supreme Court registry, some of its officials are in the dock for listing a petition jointly filed by Prashant Bhushan, N. Ram and Arun Shourie challenging the validity of...
The National Company Law Appellate Tribunal (NCLAT) has upheld the National Company Law Tribunal (NCLT) order setting aside a plea seeking initiation of insolvency proceedings against agro-processing...
The Central Board of Direct Taxes has issued guidelines for an alternative dispute resolution mechanism with regards to tax disputes called Mutual Agreement Procedure (MAP) by which cross-border tax...
The Reserve Bank of India (RBI) on 7th August 2020 announced the constitution of an expert committee led by KV Kamath to make recommendations on a special window for Covid-related stressed assets...
Coming down heavily on yoga guru Ramdev’s Patanjali Ayurved Ltd for “chasing profits by exploiting people’s fear and panic” to sell its immunity booster tablet Coronil, the Madras High Court on...
