Promoters go for ‘asset protection trusts’ fearing defaultMany companies have seen profitability crash or even entire business models facing major disruption due to Covid pandemic driven demand slu...
29 Apr, 2021, 07.16 AM IST
The one man show: Understanding the concept of One Person CompanyOPC under the Companies Act, 2013 is a separate legal entity having perpetual succession, which is required to be registered as per the pro...
23 Nov, 2019, 11.59 AM IST
Supreme Energy may file corrected FY13 company recordsThe filing, Deepak Kochhar says, is a clerical error that none of the people involved in were aware of. “The filing is correct for all prio...
05 Aug, 2018, 11.17 PM IST
NuPower, Pinnacle Energy trust board member quitsNuPower Renewables is central to the quid pro quo allegations over loans given by ICICI Bank, which is headed by Kochhar’s wife Chanda Koch...
19 Apr, 2018, 08.47 AM IST
SBI Hong Kong branch challenges Binani Cement resolutionSBI’s Hong Kong branch had given a loan to a subsidiary of Binani Cement.
20 Mar, 2018, 11.47 AM IST
Banking booster: Sensex, Nifty hit fresh record highs; PNB, BoB, SBI top gainersSensex climbed nearly 500 points to hit 33,000 mark. Nifty50 soared to cross 10,300 mark.
25 Oct, 2017, 09.28 AM IST
Lenders express faith in family trusts to secure stressed loansLenders including SBI Bank, ICICI, HDFC and Yes Bank have started seeking guarantees from family trusts of promoters especially in NPA inso...
11 Jul, 2017, 01.55 AM IST
Operational creditors first in line to use bankruptcy codeOperational creditors are suppliers of goods or services to a defaulting company.
01 Jul, 2017, 12.08 PM IST
Why India's new Trade Marks Rules are a significant step in improving ease of doing businessFirst of its kind in India, this Policy covered all forms of intellectual property together in a single framework regulated under the Depar...
25 Mar, 2017, 01.01 PM IST
Budget 2017 proposes capital gains tax on division of family trustsLegal experts say there are court judgments where it has been clarified that there can be no tax on family divisions, but it's not part of ...
04 Feb, 2017, 11.29 AM IST
Foreign funds find new route to pump money into IndiaThe combined AUM of Ireland, Canada and Netherlands stood at $22.7 billion and constituted nearly 7.5% of the total foreign investors' AUM ...
22 Aug, 2016, 08.52 AM IST
United Breweries board seeks legal view on Sebi’s ‘wilful defaulter’ rulesVijay Mallya, currently chairman of UBL, has also legally challenged the application of the new rules and its implication to his board posi...
07 Jul, 2016, 02.06 AM IST
Nirav Modi’s Firestar Diamond plans to raise Rs 750-1,000 crore via IPOThe jewellery company is expected to use the money to drive growth and expansion in Europe and other parts of the world, several people in ...
10 May, 2016, 05.05 AM IST
Kingfisher Airlines' lenders put Kingfisher logo on block to recover duesThe logo belongs to Kingfisher Airlines and was pledged with lenders by the company before it collapsed amidst a price war and spiralling b...
30 Mar, 2016, 12.45 AM IST
Lawyers defend celebrities endorsing Maggi, fault Nestle for excessive leadWhile many states have tested or are testing the product, legal experts say those who endorsed the brand, should not be held responsible.
04 Jun, 2015, 05.10 AM IST
US retail investors seek SEC nod to invest in Indian companies via unsponsored ADRsUnsponsored ADRs are offshore securities, created by foreign depositories on underlying Indian stock without any consent from the Indian co...
20 Feb, 2015, 02.07 AM IST
Law firms Rajani Associates, Singhania & Partners to merge for pan-India playRajani and Singhania were both founded in the year 1999 in Mumbai and New Delhi, respectively, and have a presence in Bangalore and Hyderab...
21 Oct, 2013, 04.58 AM IST