A recent settlement by the National Company Law Tribunal (NCLT) , Mumbai Branch on December 19, 2023 had approved a resolution plan in respect of Reliance Communications Infrastructure Ltd. (RCIL), a wholly-owned subsidiary of...
RBI is the regulator and supervisor of the monetary system. Its objectives are, to maintain public confidence in the system, protect depositorsâ interests and provide cost-effective banking services to the public. Its roles are...
Take loans as much as you want and expand your empire' â this seems to be the new corporate mantra. A study by CreditSights, affiliated with the credit rating agency Fitch warns about over...
Everything that can go wrong is going wrong with the big-ticket âreformâ Insolvency and Bankruptcy Code (IBC) of 2016, which was sold as the panacea for stressed asset resolutions (NPAs).
The then Finance Minister late Mr. Arun Jaitley & the present Finance Minister Smt. Nirmala Sitharaman used to say that IBC will prove to be a game changer. Indians are scared of stigma &...
