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RESOLUTION FRAMEWORK FOR MSMES
UK’s steel curbs emerge as an early hurdle for FTA with India ahead of roll-out. Is there a way out?The UK has extended safeguard measures on select steel imports; starting from July 1, 2026, it will reduce tariff-free quotas by 60% and im...- Establish 'GST-like' industrial land council for dispute resolution: CIIIndustry lobby CII proposes a National Industrial Land Council, mirroring the GST framework, to standardize regulations and resolve dispute...
- Single-window system, project dashboard accelerate industrialisation in Odisha: IPICOL MDReforms streamline processes without diluting safeguards, says Aboli Sunil Naravane, MD, IPICOL
- Venu Srinivasan backs listing of Tata SonsThe Reserve Bank of India is expected to issue a revised circular on upper-layer NBFCs soon. The RBI's scale-based regulation (SBR) framewo...
- IBC study calls for auction reform to boost MSME insolvency resolutionA new study suggests changes to how bankrupt micro, small, and medium enterprises are rescued. It proposes a single objective auction model...
- Pre-pack scheme under IBC likely for large companies tooAs part of amendments to the IBC, the corporate affairs ministry will likely include the provision to extend the pre-packaged insolvency fr...
- Covid relief: RBI allows loan recast upto Rs 50 croreThe regulator had earlier announced resolution framework 2.0 under which maximum exposure of Rs 25 crore for MSMEs as well as non-MSME smal...
- Pre-packaged insolvency plan for MSMEs to save jobs: MCA SecyThe new framework applies to defaults occurring during the pandemic and is based on the ‘debtor-in-possession’ model with the involvement o...
- Government doesn’t expect rush of MSME insolvency cases after 'fast track window' ordinanceThe ministry of corporate affairs — which will set the floor for initiating cases under “pre-packaged” insolvency — and the Insolvency & Ba...
- IBC amendment seeks to provide prepack resolutions for MSMEsAlternative framework expected to bring about quicker, more cost-effective resolution process.
- Centre notifies framework for prepackaged insolvency resolution for MSMEs under IBCThe government has not yet notified any threshold amounts for initiation of prepackaged insolvency for MSMEs.
- Resolution framework for MSMEs under IBC would save a lot of time and resources: Ashvin Parekh“We will have to watch what really comes out on March 12 but this is a very commendable step.”
- Government to strengthen the framework of NCLT: Finance MinisterThe NCLT, which is assigned cases of company and corporate matters, with insolvency matters piling up, has been facing challenges in terms ...
- Budget 2021-2022: Bad Bank for large corporates and a new framework for MSMEsA special framework for MSME has been on cards for some time. According to the Economic Survey there are 6 crore MSMEs employing 11 crore p...
- Pre-packaged insolvency resolution framework for MSMEs soon, say officialsThe government is drawing up a framework for resolution of MSMEs under the Insolvency and Bankruptcy Code (IBC), which could be rolled out ...
- No extension of loan moratorium, but RBI introduces debt resolution plan for eligible borrowersAnalysts said the step was in the right direction and would cover roughly 50-55 per cent of the loans in the banking system.
- Special insolvency resolution framework for MSMEs at advanced stage: IBBI chiefAmid the coronavirus pandemic that has also significantly impacted economic activities, the government has already suspended certain provis...
- Cheaper, faster and easier insolvency resolution process on cards for MSMEs: IBBIThe board envisaged a shorter time limit than the current 180 days for an MSME insolvency resolution process, along with cost-effective and...
- New MSME framework may pose infrastructure problemsThe framework applies on MSMEs with up to Rs 250 crore yearly turnover and Rs 50 crore investment in plant and machinery.
- Revised RBI rules for rehab of MSMEs to reduce bad loans: FicciThe Reserve Bank's new framework for revival and rehabilitation of MSMEs will help bring down bad loans in the sector, industry body Ficci ...
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