While restoring Mistry to the position, the National Company Law Appellate Tribunal held that the appointment of N Chandrasekaran as executive chairman was illegal
Mukhopadhyaya's latest ruling restoring Cyrus Mistry as Tata Sons chairman came as a rude shock to the salt-to-software behemoth.
Audit firms are also reporting a rising demand for background checks of senior executives when they join a company
The IBC has taken a big step in providing a clean slate to buyers of stressed companies
The audit and accounting regulatory body has advised Deloitte to take action to revamp its processes and ensure compliance
Cabinet clears Code amendments to shield new owners from criminal liabilities
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
It is, however, still probing the company, one of the country's largest real estate lenders, and has sought two months' time for filing additional affidavit in this matter
After camping in make-shift offices, it shifted to a upmarket central Delhi building just a few months ago that was previously the office of the Competition Commission of India
The MCA has received several representations from companies including JSW and Tata Steel regarding issues that cropped up after the closure of the insolvency and bankruptcy process
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