NCLAT set aside the order passed against Mittal Corporation Ltd.
September 18, 2020 EDITORIAL TEAM INSOL INDIA
The Hon'ble NCLAT set aside the order passed by the Adjudicating Authority (NCLT Mumbai Bench) and restored the insolvency petition (Corporate Insolvency Resolution) against Mittal Corporation Ltd.
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Liquidation Under IBC On The Rise
September 15, 2020 EDITORIAL TEAM INSOL India
Insolvency and Bankruptcy Code 2016 (IBC), which came into operation since December 2016, is admittedly one of the landmark economic legislations in India. The Code has paved way for many a resolution and recovery by financial institutions has been over 45%...
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Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) (Third Amendment) Regulations, 2020
August 18, 2020 INSOL India Editorial Team
Securities and Exchange Board of India (“SEBI”) on July 1, 2020, notified amendments to the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. A new proviso was inserted after the existing proviso in regulation..
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Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) (Third Amendment) Regulations, 2020
August 18, 2020 INSOL India Editorial Team
On July 1, 2020, the Securities and Exchange Board of India (“SEBI”) notified the SEBI (Issue of Capital and Disclosure Requirements) (Third Amendment) Regulations, 2020. By virtue of the same, regulation 164B was inserted to the SEBI (Issue of Capital..
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Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) (Second Amendment) Regulations, 2020
August 18, 2020 INSOL India Editorial Team
Securities and Exchange Board of India (“SEBI”) on August 5, 2020, notified amendments to the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. In regulation 42(1) in sub-regulation(1), the words and symbols “to all the..
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Micro, Small and Medium Enterprises Sector (MSME) – Restructuring of Advances
August 18, 2020 INSOL India Editorial Team
On August 6, 2020, the RBI extended the scheme permitted under its ‘Micro, Small & Medium Enterprises (MSME) Sector – Restructuring of Advances’ circular dated February 11, 2020. This was implemented taking into consideration the financial stress on the Micro,..