ACIL insolvency: SC relief to lenders Clearing the roadblock for the lenders, the Supreme Court on Tuesday set aside the National Company Law Tribunal…
RBI ups minimum Net Owned Fund for ARCs 3 fold… The Reserve Bank of India (RBI) has decided to hike the minimum net owned fund (NOF) for asset reconstruction…
Nanocosmos reveals adaptive, data-driven… Reading Time: 3 minutes We are honored to publish this byline by Richard Metcalf, Director of…
IBC cases: For every ₹100 of claims admitted,… Banks continue to reel under disproportionately large “haircuts” with an average of ₹69 going towards losses for…
NCLT directs tax department to return TDS to… The bankruptcy court has directed the income tax department to return the tax deducted at source (TDS) from…
Banks feel the heat of slower recovery under IBC… Financial creditors are clearly feeling the heat of pandemic-induced slowdown in insolvency and bankruptcy…