Experts are sceptical about how it will play out
In September, Finance Minister Nirmala Sitharaman had announced the Special Window fund but projects in the NCLT or those dubbed NPAs had been kept out of its ambit
Seshagiri Rao, JSW Steel joint managing director and group chief financial officer, explained that the main issue is whether the PMLA has an overriding effect on the IBC
With eight proposed amendments to the insolvency law last week, the government has sought to turn the focus back on at least some of the functions of the insolvency law
The brewing corporate battle between ITC Ltd and Hotel Leelaventure would put the spotlight on the rights and the responsibilities of a player that is both lender and equity holder
SBI Chairman Rajnish Kumar explained the rationale for putting the Essar exposure on the block
Another important point that the order makes is that the NCLT alone has the jurisdiction when it comes to applications and proceedings by or against a corporate debtor covered by the code
For 11 out of the 12 cases, the stipulated deadline within which the approved resolution plan has to be filed with the NCLT is over
Despite growing demand for resolution professionals, the new-age turnaround experts are still learning on the job
The insolvency and bankruptcy process is entering the decisive phase where some big-ticket stressed assets are up for grabs
West Bengal CM has held rallies with her counterparts in other states against the demonetisation drive of the Centre. She has also kept alive the issue of the Centre's alleged interference in state
Chief Minister Mamata Banerjee's divide and rule policy has worked in North Bengal. How will it affect its future?
Has the Bharatiya Janata Party leadership resigned to the fact that Bengal is a fading dream?
Corporate contribution remains a grey area
Sebi's corporate governance code and the new company law regime have some clauses that have many Indian companies in a bind
Stricter corporate governance norms may make India Inc turn to fresh faces as independent directors
It was a legal mistake to let the states decide whether to allow FDI in multi-brand retail
The arrest of a senior executive of a public sector bank on bribery charges puts the spotlight on a more effective whistle-blower policy and stricter anti-graft laws
The share divestment in the troubled petrochem company suffers the same aura of secrecy for which West Bengal's chief minister excoriated the former Left Front government over Tata Motors' small car p