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About 20 results for "debt recovery tribunal"

SC asks RBI for status report on panel views

Court will also take up case of debt-recovery tribunals Business Standard, 2 weeks ago

45 images for debt recovery tribunal, 4 months ago
Financial Express, 4 months ago, 4 months ago
Indian Express, 4 months ago, 4 months ago
Indian Express, 4 months ago
Business Today India, 4 months ago, 4 months ago
International Business Times India, 4 months ago
Day After India, 4 months ago

Divan, who initiated the arguments, referred to various

orders passed by the Debt Recovery Tribunal (DRT), the High Court and the Supreme Court and said that the DRT has passed a decree in favour of the banks and the amount to be recovered is approximately Rs 9,200 crores.
 DNA2 months ago

Debt recovery: Banks use Bankruptcy Code to crack down on companies with loan defaults

One such company is Bharati Shipyard, where lenders plan to use the bankruptcy code and file a case with National Companies Law Tribunal (NCLT), according to sources. They may appoint EY as resolution professional.
 Money Control1 month ago

A case against merging appellate tribunals

Merging tribunals may lead to administrative convenience, but pendency of cases is likely to increase, says Jyoti Mukul. When the regulator for the downstream petroleum sector was set up in 2006, a suggestion from the ministry of finance to have a common appellate tribunal for power and petroleum was incorporated in the enabling legislation. Subsequently in 2014 and then again in 2015, the jurisdiction of the Securities Appellate Tribunal was widened to include appeals against orders passed by ...
 Rediff.com1 month ago 17 Acts to be amended through Finance Bill  Rediff.com2 months ago

SC finds Mallya guilty of contempt, summons him on July 10

The Supreme Court on Tuesday held businessman Vijay Mallya guilty of contempt of court for transferring USD 40 million to his children in violation of the court's order. The apex court directed Mallya, who is currently in the United Kingdom, to appear before it on July 10 to argue on the quantum of punishment in the matter. India had recently asked Britain to ensure the early extradition of Mallya, who is an accused in a bank loan default case of over Rs 9000 crore involving his ...
 Rediff.com1 week ago SC asks Mallya whether he truthfully disclosed assets  Deccan Herald2 months ago On March 3, the banks had submitted that USD 40 million  DNA2 months ago SC bench to verify how Vijay Mallya's case came up before it  DNA2 months ago

Industry hails banking regulation ordinance

The industry and banking sector on Friday hailed the steps taken by the government and Reserve Bank of India to address the issue of rising non-performing assets (NPA)."Amendments to the Banking Regulations Act, coming on the heels of the enactment of the ...
 Prokerala2 weeks ago

Empowering RBI to act against NPAs decisive: SBI chairman

State Bank of India Chairman Arundhati Bhattacharya on Friday said the country and its banking system need to move quickly and decisively to take benefits from enabling provisions."Amendments to the Banking Regulations Act, coming on the heels of the ...
 Business Standard2 weeks ago

From escaping India to getting 'bailed out' in London: A timeline of Vijay Mallya's case

Embattled Indian tycoon Vijay Mallya, who has been declared a proclaimed offender, was today arrested in London by Scotland Yard on India's request for his extradition on fraud charges. However, three hours after his arrest, various TV channels stated that he ...
 DNA1 month ago Mallya arrested at 9:30 am in London  Rediff.com1 month ago

HC asks ED if UBHL shares can be sold to repay banks

High Court of Karnataka on Monday asked the Enforcement Directorate whether shares of United Breweries (Holdings) Ltd (UBHL) attached by it could be sold to repay banks. Adivision bench of Chief Justice Subhro Kamal Mukherjee and Justice P S Dinesh Kumar ...
 Deccan Herald1 month ago

The agency said the properties attached under its order

today are other than the properties pledged to banks, NBFCs by DCHL, which are under attachment or taken over under SARFAESI Act or Debts Recovery Tribunal (DRT) proceedings.
 DNA1 month ago
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