These two amendments were long-pending demands of industry and insolvency professionals
At a time when Swachh Bharat is coinciding with the ban on single-use plastic, many corporate groups are looking at the two issues together
Recent corporate scams have turned the heat on company directors, who, the government feels, failed to detect any signs of trouble
Three of Amtek group companies, including Castex Technologies, Amtek Ring Gears and Metalyst Forgings are each undergoing separate insolvency resolution process
Srinivas said the "only problem" between financial and operational creditors during the litigation process in bankruptcy cases remains the amount of recovery that the creditors get
The ministry will study the books of account, related-party transactions and filings of the company
Corporate Affairs Secretary Injeti Srinivas said the personal insolvency regime would be fully operational in one year
The economic benefits of having a toilet
The sheer scale of accomplishment under the scheme has key lessons in leadership, project management and planning that can be taken straight to India Inc's boardrooms
Over the last few days, as the fortunes of Thomas Cook Plc took a wrong turn, the Indian entity scrambled to distance itself from its erstwhile parent
Meeting traders, experts, entrepreneurs to gauge the pulse of the nation, Sitharaman has become a reformer, pulling all stops to get the economy out of a six-year-low growth rate
The MCA has told the apex court that processes of corporate insolvency resolution are time-bound and if it does not adhere to the time-limit then the viability of the process is over
Releasing the second edition of the Composite Water Management Index, the government think tank said the annual per capita availability of water is expected to reduce to 1,140 cubic metres by 2050
The office of the MCA's regional director, western region, is in charge of the probe
Such shares have rights disproportionate to their economic ownership
On the demand side, 6 per cent of our total consumption is for domestic use, 5 per cent for industry and 89 per cent is for agriculture, said Gajendra Singh Shekhawat
The amendments are largely to clear the Code's legislative intent, says Nirmala Sitharaman
Big IBC cases such as those of Amtek Auto, Bhushan Power & Steel, Era Infra Engineering, and Jaypee Infratech have gone well beyond the 270-day deadline set under the IBC
Equal contribution of Rs 1.8 trillion may come from states and Centre; remaining through convergence of govt schemes
Listed companies are, however, likely to be left out of the purview of regional directors along with unlisted public companies above a certain threshold