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SC transfers to itself pleas challenging IBC law on personal guarantors

A three-judge Bench comprising Justices L Nageswara Rao, Hemant Gupta, and Ajay Rastogi has directed the HCs to not entertain any further writ petitions on this issue

Amtek Auto's lenders invoke personal guarantee of former promoter

The issue of personal guarantee of a corporate debtor under Insolvency and Bankruptcy Code has been challenged in various high courts

IBC rule on personal guarantees no help to promoters blaming managers

Payment of bank loans by a company is an obligation under the contract law and fraud by professionals is a criminal matter, says government official.

Cabinet approves Rs 10,000 crore project to improve dams in India

India is the third ranked country in terms of total number of dams, next after the US and China

Rising air pollution levels spell trouble for coronavirus patients

A patient with bronchitis or asthma as well as Covid can potentially make the case much more severe, doctors say

IBBI approaches SC to club all cases on personal guarantee pending in HCs

Top court likely to give its order on Thursday, has indicated it may transfer all cases to itself, according to a senior lawyer

MCA defends IBC provision on personal insolvency in Anil Ambani case

MCA is engaging with the law ministry to present the government's side of the argument

Covid-19 numbers declining; national approach needed on vaccine: NITI Aayog

India has reached a recovery rate of 90 per cent and the positivity rate has declined to around 7.61 per cent.

Under the IBC, enforcing personal guarantee remains a tall order

Insolvency law experts say that invoking personal guarantees goes against the spirit of the IBC

Decriminalisation in Companies Act a move in the right direction? Explained

As government revisits all economic laws, decriminalisation experts have called for a calibrated approach to ensure we don't end with toothless legislations and maintain the standards

Coronavirus can survive for 28 days on banknotes, mobile screens: Study

So far, it had been widely believed that the virus could survive for up to three days on solid surfaces

Covid-19: Feluda test roll-out in a few weeks, says Harsh Vardhan

Emergency use of Covid-19 vaccines only after trial data

Govt may allow use of Covid vaccine in emergency situations: Harsh Vardhan

Warns of spike in cases during winter; China, UAE among the few countries have allowed such authorisation

Falling out of favour: Consultancies and law firms suggest IBC revamp

Investors feel IBC's promised twin benefits - a time-bound process and assurance of a clean slate - don't necessarily come through

Dr Reddy's asked to re-submit Russian vaccine phase-3 trial application

Health Secy says a vaccine should be available in first quarter of next year if everything goes according to plan

Nearly 500 mn doses of Covid-19 vaccine by July 2021, says Harsh Vardhan

He also said that the government was also keeping an eye on immunity data with regard to Covid-19 while finalising these plans

Coronavirus test kits get cheaper but labs yet to pass on benefit

In Delhi and the National Capital Region alone, the price for an RT-PCR test for Covid ranges between Rs 1,600 and Rs 2,400

India's Covid-19 death toll nears 100,000 eight months after first case

68 per cent of the deaths were concentrated in just five states

Covid-19: 8% super-spreaders account for 60% new infections, says study

The findings are part of a survey conducted by the Center For Disease Dynamics, Economics & Policy (CDDEP) along with governments of Tamil Nadu and Andhra Pradesh

Decoding Feluda: The test that detects Covid-19 quickly, cheaply and easily

Named after Detective Feluda, a character created by filmmaker and writer, Satyajit Ray, the test based on the CRISPR technology is easy to use, gives faster results at a lower cost