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INJETI SRINIVAS PROFILE
Govt to restructure SFIO; increase manpower to 350 at probe agencyThe govt is restructuring the Serious Fraud Investigation Office, in an effort to combat the number of cases.
SEBI chairman Ajay Tyagi gets six-month extensionTyagi’s three-year term was supposed to end later this week.
Govt starts search for new Sebi chiefThe Centre has started a search process to find the next chairman of the Securities and Exchange Board of India (Sebi). Incumbent Sebi chie...
Time-bound e-bidding to speed up IBC resolutionCentre aims to quicken resolution proceedings by setting a time limit for financial bids.
Will take steps to curb frivolous bids for IL&FS assets: Injeti Srinivas, Corporate affairs secretarySrinivas also said New Delhi would soon take steps to discourage people from making frivolous bids and then backing out.
Government stepping in to help expedite the resolution of top defaultersThe government has called a meeting on Monday with the resolution professionals and lenders of the dozen cases, three people familiar with ...
NCLT helps recover Rs 80,000 crore in 2018; kitty may cross Rs 1-lakh crore in 2019The kitty is expected to swell beyond Rs 1 lakh crore in 2019 with several big-ticket default cases pending.
Modi government plans 'smart' move in its war on black moneyGeo-tagging will help the government identify cases in which one building houses hundreds of shell companies.
MSME promoters get insolvency relief, can bid for resolution if turnover is up to Rs 250 croreThe Cabinet, which has recommended the promulgation of an ordinance to amend the IBC, has suggested that promoters of companies with turnov...
Insolvency and Bankruptcy Code: Cabinet okays ordinance to amend IBCThe Insolvency and Bankruptcy Code Amendment (Ordinance) 2018 also seeks to streamline bidding eligibility provisions to remove grey areas