(ZEEL) chairman emeritus Subhash Chandra into personal insolvency on the plea filed by Indiabulls Housing Finance over guarantees given to a company called Vivek Infracon.Meanwhile, the tribunal ...
The provision in the Act authorises the RBI to initiate an insolvency resolution process for banks ... However, irate depositors started questioning Surya about his promise to revive the bank and get a new investor ... "I met many depositors of the bank.
If the government had not intervened using public money, the bank would have failed ... This expert had concluded that the NationalBank shares in 1973 had no value and that the bank had been insolvent.
A look at the stages of Go First’s insolvency ... When did Go First file for insolvency? ... Jet’s insolvency is stuck due to differences in some payments between banks and the selected owners, Jalan Kalrock Consortium.
An IndianEconomistVijay Ghorpade, has rang an alarm bell claiming that PM Modi has left ReserveBank of India at the doors of insolvency ... The situation is so grave now that the RBI is not in a position to save the sinking banks in India.
The government should also review the bankruptcy and insolvency laws ... “There are ways where insolvency law can be reformed and revised to make the equation between the banking sector and entrepreneurs less adversarial and more constructive.”.
The development of the EuropeanCentralBank's key interest rate "will play an important role in insolvency activity over the rest of the year, particularly regarding the real estate industry," said ...
... which is the real return on capital after inflation — led to investment banks going into insolvency because they held mortgage-backed securitized (MBS) loans that went into default, he said.
He has been responsible for reforms such as the Insolvency and Bankruptcy Code, fixing bank finances, introducing GST, offering incentives to maximize manufacturing, land and labor reforms, removing ...
The other thing is that banks can come to what they call “the discount window” in a crisis where the problem is not that they’re insolvent, but just that kind of like in your clip, the money’s tied up ...
... 330-day deadline for insolvency and bankruptcy resolutions, thus allowing for special case extensions.It is, however, unlikely that the NCLT will grant further extensions in Go First's case.Also Read.
Starting salaries for permanent staff grew at the slowest rate in over three years last month, pushing the case that the Bank of England (BoE) should cut interest rates as pay pressures ease.