Searched for
SAHOO COMMITTEE
Sebi rejigs market data advisory panelThe 20-member committee was earlier headed by Madhabi Puri Buch, ex-whole time member of Sebi.
IBBI chief calls for framework to assess working of India's insolvency lawInsolvency and Bankruptcy Board of India (IBBI) chairperson MS Sahoo on Thursday pitched for a comprehensive and objective framework to ass...
Pre-packaged plan threshold set at Rs 10 lakh for MSMEsFurther, to maintain the resolution professional’s independence from the corporate debtor, the RP's fees for the prepacked resolution will ...
Government considering pre-packaged resolution for stressed firms under IBC“Government has set up a committee to give a pre-pack framework, we expect the report of the committee to come by the end of this month,” s...
Work is on to amend IBC to address cross-border insolvency: M S Sahoo"There is proposal to amend the IBC to provide for such cases like cross border insolvency," the IBBI chief said.
Distribution of final proceeds after IBC resolution to be decided by judiciaryDistribution of proceeds under resolution plans has become a major sticking point in the insolvency proceedings of Essar Steel.
IBBI working on group insolvency norms: MS SahooInsolvency and Bankruptcy Board of India (IBBI) chairman MS Sahoo Tuesday said the process of putting in place the norms on group insolvenc...
Distressed assets should be sold as dreams: SahooThis comment comes at a time when 100 companies have either been liquidated or are in the process of liquidation.
Focus should be resolution, not liquidation: MS SahooHe said that the soul of the Code was to keep the firm alive by balancing the interest of all stakeholders for which a successful resolutio...
IBC not being used to full extent; CoCs need to do more: M S SahooThe head of the regulatory oversight board for the nascent Insolvency and Bankruptcy Code, 2016 (IBC), rued that we are not making best use...
Buyers of insolvent firms with stressed arms may get to bid for other companiesGovernment mulling change in IBC as norms do not allow promoters of a defaulting firm to bid for other insolvent assets.
12 large NPA cases yet to come before IBBI: Chairman MS SahooThe Reserve Bank of India's internal advisory committee had last week sent the list of 12 accounts to bankers for immediate reference under...
CCI not looking into Net neutrality as of now: MS SahooCCI is not looking into the issue of Net neutrality as of now because sectoral regulator Trai is yet to finalise its views on it, CCI membe...
Remove limits on overseas borrowings by corporates, recommends Sahoo committee: ReportThe committee headed by M S Sahoo, a former member of the Indian market regulator, was given the task to review the rules on external comme...
PM Modi's US visit: India pitches for US companies to list on its exchangesBharat Depository Receipts is a rupee dominated instrument that would be issued by domestic depository against listed equities a foreign co...
Economic Survey 2014: Government to come out with simplified norms for Depository Receipts: SurveyThe committee had further suggested that DRs can be issued for raising funds by issuing new shares or against the existing equity.
Government to review FCCB, depositary receipt rulesThe government is carrying out a comprehensive review of rules governing foreign currency convertible bonds (FCCBs) and depository receipts.