Will Bankruptcy Code Trump Companies Act?

The Insolvency & Bankruptcy Code, 2016 makes promising claims of boosting M&A activity by making sale of NPAs a more transparent and time-bound procedure. “An Act to consolidate and amend the laws relating to reorganisation and insolvency resolution of corporate persons, partnership

 

A Take on Beginning of a M&A Cycle

That M&A is on the rise in India has spilled all over the news. It is the most talked about subject where businesses are concerned and is gaining much pace in terms of stakeholders actively trying to gather more intel on M&As.

 

Change is Constant

Everything was new once and all innovations were deemed revolutionary. Today, newer innovations are being sought after every day, technologies, trade practices and marketing styles are improving & innovating and businesses as well as consumers are aware of the shift in trade

 

Banks Approach Court to Recover Topworth Debt

As concerns over deteriorating asset quality loom, lenders have begun approaching debt-recovery courts to recover a part of their estimated credit exposure of INR 173 billion to Mumbai-based Topworth. With this, India adds another to its bad loans count. As per a report