New Delhi, March 25 Members of the opposition in the Lok Sabha criticized the Insolvency and Bankruptcy Code (IBC) on Wednesday, arguing that it has failed to deliver timely resolutions due to the limited capacity of the tribunals, which are overburdened with cases. The BJP defended the 2016 law...
banking system
bankruptcy resolution
companylaw
corporate finance
creditor accountability
financial recovery
government policy
ibc amendments
india
insolvency and bankruptcy code
liquidation
lok sabha
national companylaw tribunal (nclt)
opposition criticism
resolution processes
Mumbai, March 17 The Maharashtra assembly passed the Self-Financed Schools Amendment Bill on Tuesday, with Minister Dada Bhuse stating that the law aims to improve regulation, expand access, and ensure better infrastructure for students.The Maharashtra Self-Financed Schools (Establishment and...
New Delhi, March 12 Akzo Nobel India, a manufacturer of paints and coatings, in which JSW Paints has acquired a majority stake, has received approval from the Ministry of Corporate Affairs (MCA) to change its name to JSW Dulux.According to a regulatory filing from the company, the ministry has...
akzo nobel india
coatings
companylaw
corporate affairs ministry
dulux
india
jsw group
jsw paints
mergers and acquisitions
name change
paints
regulatory filings
share acquisition
New Delhi, February 26 Expressing serious displeasure over the functioning of tribunals in the country, the Supreme Court on Thursday said they have become a "liability" and "mess" without any "accountability" and flagged that technical members of a financial tribunal were even "outsourcing the...