Bankruptcy Code positive financial sector reform: Nomura
The insolvency and bankruptcy code is a very positive financial sector reform, especially for the the banking sector, as it will give creditors a legal path for recovering their dues in a time-bound manner, says a Nomura report.
May 08, 2016, 12:17 PM ISTGovt extends company law settlement scheme till November 15
The government Thursday extended till November 15 a scheme that allows defaulting companies to make their statutory filings without attracting any prosecution.
Oct 16, 2014, 20:00 PM ISTGovt launches company law settlement scheme
Launching an 'immunity' scheme for thousands of entities having defaulted on their statutory filings under the Companies Act, the government Wednesday said no penal action would be taken against those availing this offer for a period of two months.
Aug 13, 2014, 19:40 PM IST