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About 15 results for "ms sahoo"

Banks yet to refer 12 bad loan cases to NCLT: IBBI

Insolvency and Bankruptcy Board of India Chairman M.S. Sahoo on Monday said that there is a process which banks need to follow post which the 12 non-performing assets (NPAs) cases would come before the IBBI for resolution.There is a process that needs to be ... Prokerala, 1 month ago

1 images for "ms sahoo", 6 months ago

Sebi planning to tighten depository receipt regulations

DRs have shares as an underlying asset and are typically issued by a bank, known as the depository bank, on behalf of a company. he Securities and Exchange Board of India (Sebi) is planning to clamp down on depository receipts (DRs) as part of efforts to check the flow of black money into the stock market. Sources said Sebi planned to make it mandatory for foreign depositories to reveal details of end-beneficiaries holding DRs issued by Indian companies. The new framework will align ...
 Rediff.com1 week ago

Building market institutions can help M&As move faster, says IBBI chief

Building the institutions of market can help the mergers and acquisitions (M&As) process to move faster, chairperson of the Insolvency and Bankruptcy Board of India (IBBI), M.S. Sahoo said at an ASSOCHAM event held in New Delhi today."We have not completely ...
 Business Standard1 week ago

Build market institutions to speed up M&As

Mergers and acquisitions (M&As) process can be moved faster by building market institutions, Insolvency and Bankruptcy Board of India (IBBI) chairperson M.S. Sahoo said here on Saturday."We have not completely moved to market model as of now but IPO (initial ...
 Prokerala1 week ago 'Build market institutions to speed up M&As'  Business Standard1 week ago

The $150 billion bad debt overhang

In January, Innoventive Industries, a speciality steelmaker based in western India, was forced into the bankruptcy court by its lenders, testing for the first time new insolvency rules that aim to resolve India’s $150 billion bad debt overhang. The company, ...
 The Financial Chronicle2 weeks ago First test of India's new bankruptcy law offers cautionary tale  Sify2 weeks ago

110 cases with company tribunal for corporate insolvency resolution

The National Company Law Tribunal (NCLT) has admitted 110 cases for corporate insolvency resolution, Insolvency and Bankrupcy Board of India's Chairperson M.S. Sahoo said on Friday.The default amount ranges from a few lakhs of rupees to Rs 6,000 crore, he ...
 Prokerala1 month ago
Money Control

RBI identifies accounts for reference by banks under insolvency bankruptcy code

Reserve Bank of India had issued a Press Release on May 22, 2017 outlining the steps taken and those on the anvil pursuant to the promulgation of the Banking Regulation (Amendment) Ordinance, 2017. To discuss more about this we we were joined MS Sahoo, ...
 Money Control1 month ago

Foreign creditors will have to wait to stake claims in insolvent companies

Creditors across the border will have to wait to be part of the insolvency process in India. While the sections pertaining to cross-border insolvency in the Insolvency and Bankruptcy Code have been notified, the rules are yet to be framed. MS Sahoo, the ...
 Business Standard1 month ago
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