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Govt should implement capacity building measures at NCLT: Former NCLT President

Govt should implement capacity building measures at NCLT: Former NCLT President
indiatimes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from indiatimes.com Daily Mail and Mail on Sunday newspapers.

National company law tribunalNationale summitSick industrial companiesHigh courtPresident justiceCompanies actBankruptcy codeSick industrial companies actBankruptcy boardCorporate insolvency resolution processதேசிய நிறுவனம் சட்டம் தீர்ப்பாயம்தேசிய உச்சிமாநாடுநோய்வாய்ப்பட்டது தொழில்துறை நிறுவனங்கள்உயர் நீதிமன்றம்ப்ரெஸிடெஂட் நீதிநிறுவனங்கள் நாடகம்

Govt must enforce capacity building measures, quick appointments at NCLT: former president M M Kumar

Govt must enforce capacity building measures, quick appointments at NCLT: former president M M Kumar
freepressjournal.in - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from freepressjournal.in Daily Mail and Mail on Sunday newspapers.

Sick industrial companiesHigh courtSick industrial companies actBankruptcy boardCorporate insolvency resolution processநோய்வாய்ப்பட்டது தொழில்துறை நிறுவனங்கள்உயர் நீதிமன்றம்நோய்வாய்ப்பட்டது தொழில்துறை நிறுவனங்கள் நாடகம்திவால்நிலை பலகைபெருநிறுவன நொடித்துப்போனது தீர்மானம் ப்ரோஸெஸ்

DHFL: Slick Swindler, Sick Regulator, Sorry Stakeholders!

11 Kapil Wadhawan is the face of an unapologetic, brazen, corporate fraudsters-ridden crony capitalism in India. He is supposed to be in jail presently, having been apprehended in the alleged swindle of well over Rs30,000 crore in the company managed by him, Dewan Housing Finance Ltd (DHFL). ( The allegation of fraud and diversion of public funds surfaced in an online portal in January 2019. He was remanded to custody sometime in September to October 2019. In between, the credit rating agencies downgraded the debt securities of DHFL, independent directors resigned in March 2019, the auditors resigned in July or August 2019. Reserve Bank of India (RBI) took control of the company by appointing an administrator and took the company to Insolvency and Bankruptcy Code (IBC) process, perhaps the first for a non-banking finance company (NBFC).

Kapil wadhawanKapil wwadhawanBernie madoffLai xiaominSupreme courtNational housing bankSick industrial companies actExchange board of indiaDewan housing finance ltdSmall industries development bankSlick swindlerSick regulatorMay lose twice overThey interveneBankruptcy codeExchange board

Liquidation Under Insolvency And Bankruptcy Code, 2016- Compulsory? - Insolvency/Bankruptcy/Re-structuring

To print this article, all you need is to be registered or login on Mondaq.com. The insolvency resolution process in India has in the past elaborated the simultaneous operation of several statutory instruments. This includes the Sick Industrial Companies Act, 1985, the Securitization and Reconstruction of Financial Assets and Enforcement of Security Interest, 2002, the Recovery of Debt Due to Banks and Financial Institution Act, 1993 and the Companies Act, 2013. The involuntary liquidation provisions in the Insolvency and Bankruptcy Code, 2016 (“IBC”) came into effect on 15 th December 2016. Along with this, the Insolvency and Bankruptcy Board of India (Liquidation process) Regulations 2016 (“Regulations”) were

Arvind gawadaPvt ltdMs synew steel pvt ltdBlessing traders private limitedCorporate debtor companyCentral bankCommittee of creditorsSynew steel pvt ltdNational company law tribunalFinancial institutionSick industrial companiesDebtor companyApplicant companySick industrial companies actFinancial assetsSecurity interest