RBI Update – Amendments to Directions – Compounding of Contraventions under FEMA, 1999 (Applicable – All Authorised Dealer Category-I banks and Authorised banks) Apr 04, 2025 0
RBI Update – Exports through warehouses in ‘Bharat Mart’ in UAE – relaxations (Applicable- All Authorised Dealer Category-I banks) Apr 04, 2025 0
RBI Update – Amendments to Directions – Compounding of Contraventions under FEMA, 1999 (Applicable – All Authorised Dealer Category-I banks and Authorised banks) Apr 04, 2025 0
RBI Update – Circular – Migration to ‘.bank.in’ domain (Applicable – All Commercial Banks All Primary (Urban) Co-operative Banks All State Co-operative Banks and District Central Co-operative Banks) Apr 04, 2025 0
SEBI Update – Change in cut-off timings to determine applicable NAV with respect to repurchase/ redemption of units in overnight schemes of Mutual Funds Apr 04, 2025 0
1. Bank of India puts NPAs worth Rs 10,700 crore on sale, five accounts on RBI lists put on block Link : https://www.financialexpress.com/industry/banking-finance/bank-of-india-puts-npas-worth-rs-10700-crore-on-sale-five-accounts-on-rbi-lists-put-on-block/1358911/ 2. Home buyers flex muscles, swing Jaypee Infra CoC to reject bankers’ moves Link : https://www.business-standard.com/article/companies/home-buyers-flex-muscles-swing-jaypee-infra-coc-to-reject-bankers-moves-118102301243_1.html 3. Essar Lenders Vote to Approve $5.4 Billion Arcelor Bid Link : https://www.bloombergquint.com/business/essar-lenders-said-voting-to-approve-5-4-billion-arcelor-bid#gs.eKZNuJs 4. Financial Service Providers Outside The Purview Of Insolvency And Bankruptcy Code: NCLAT [Read Judgment] Link : https://www.livelaw.in/financial-service-providers-outside-the-purview-of-insolvency-and-bankruptcy-code-nclat-read-judgment/ 5. Insolvency and Bankruptcy Law: Overseas companies turned insolvent? This is what India may do Link : https://www.zeebiz.com/companies/news-insolvency-and-bankruptcy-law-overseas-companies-turned-insolvent-this-is-what-india-may-do-68336 6. ArcelorMittal exploring possibility of taking ownership of Uttam Galva Link : https://www.business-standard.com/article/companies/arcelormittal-exploring-possibility-of-taking-ownership-of-uttam-galva-118102201420_1.html 7. Bhushan Power bid: NCLAT gives Tata Steel a chance to plead its case Link : https://www.financialexpress.com/industry/bhushan-power-bid-nclat-gives-tata-steel-a-chance-to-plead-its-case/1357630/ 8. Essar Steel Turning To ‘Gold’? After ArcelorMittal Clears Its Dues, Now Russian VTB Wants To Enter Contest Link : https://swarajyamag.com/insta/essar-steel-turning-to-gold-after-arcelormittal-clears-its-dues-now-russian-vtb-wants-to-enter-contest
IBBI Update – Disclosure of information relating to carry forward of losses in Information Memorandum (IM)
IBBI Update – Intimation to the Board on the appointment of insolvency professional under various processes under the Code
IBBI Update – Insolvency and Bankruptcy Board of India amends the Insolvency and Bankruptcy Board of India (Insolvency Resolution Process for Corporate Persons) Regulations, 2016 (CIRP Regulations)
IBBI Update -Insolvency and Bankruptcy Board of India amends the Insolvency and Bankruptcy Board of India (Liquidation Process) Regulations, 2016 and Insolvency and Bankruptcy Board of India (Voluntary Liquidation Process) Regulations, 2017
