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VOLUNTARY LIQUIDATION
Unplug dead PSUs PS bureaucratic zzzIndia's government struggles to close ailing state-owned companies. Bureaucratic hurdles and complex asset sales delay closures. This ties ...
PSU closure: Govt sets in motion new move after years wasted in stop-start processThe Centre is pushing ministries to accelerate the closure of unprofitable state-owned companies. Progress has been slow despite a policy a...
NPS growth, performance, market-linked annuities; Sriram Iyer, CEO of HDFC Pension, talks about India’s changing retirement landscapeIndia's retirement planning is evolving with rising private sector NPS participation and evolving annuity products. While government contri...
Can salary-linked SIPs transform mutual fund investing for salaried Indians? Experts weigh inSebi has proposed a framework allowing salaried employees to invest in mutual funds through salary deductions, similar to EPF and NPS. This...
Claiming your inheritance by executing a Will: What legal heirs must know about nominees, probate and asset transfersExecuting a Will in India is often more complex than believed, involving numerous institutions and documentation hurdles. Nominees do not a...
In the 1950s, one stubborn chemical spill at a 3M lab sparked the idea behind ScotchgardAn accidental lab spill in the 1950s led to the creation of Scotchgard, a revolutionary stain-repellent fabric protector. Developed by 3M a...
What should you do with your gold investments after PM Modi urges people to postpone gold purchases?Prime Minister Modi urged citizens to postpone gold purchases to curb India's import bill amidst West Asia tensions. While the intention is...
US SEC proposes allowing public companies to opt out of quarterly earnings reportsThe SEC proposed ending mandatory quarterly earnings reports for U.S. companies, allowing them to switch to twice-annual filings. This move...
RBI Governor Malhotra calls for deeper, more efficient financial markets as India shows resilience amid global headwindsIndian financial markets are showing strength amid global challenges. RBI Governor Sanjay Malhotra highlighted that future growth hinges on...
Faster insolvency process proposed with creditor-led resolution frameworkA new Creditor-initiated Insolvency Resolution Process (CIIRP) aims to expedite debt resolution, allowing financial creditors with 51% debt...
Inc & Out: How voluntary liquidation has become the new game in townCompany promoters are increasingly choosing voluntary liquidation to close unviable businesses. This structured process offers a clean exit...
Insolvency and Bankruptcy Board of India proposes several changes in latest paperThe Insolvency and Bankruptcy Board of India (IBBI) has put forward changes to liquidation rules, aiming to make the process smoother. Thes...
NCLT sees surge in voluntary liquidation as promoters seeking clean slateVoluntary liquidation is becoming a preferred choice for promoters to close unviable businesses and avoid losses and compliance costs. Most...
IBBI to tighten voluntary liquidation regulations; liquidators have to explain delayProposing four changes to its regulations on voluntary liquidations, the Insolvency and Bankruptcy Board of India (IBBI) has also asked the...
IBBI eases rules for voluntary liquidationThis shall aid in further enhancing the freedom of exit for investors as part of the government efforts to enhance ease of doing business, ...
IBBI plans to reduce timelines under voluntary liquidation process"The proposed amendments by curtailing the unwarranted time spent on various activities aim to ensure early completion of voluntary liquida...
IBBI proposes statutory route for withdrawal of voluntary liquidation processLooking to plug the gap in voluntary liquidation regulations that do not provide for a statutory closure of the process, IBBI has put out a...
IBBI amends voluntary liquidation process regulationsWith the amendments, a liquidator has to deposit unclaimed dividends and undistributed proceeds in a liquidation process along with any inc...
Government notifies regulations for voluntary liquidationCompanies, limited liability partnerships and any other persons incorporated with limited liability can opt for voluntary liquidation.
- Rugby-London Welsh seek voluntary liquidation
RUGBY UNION/WELSH:Rugby-London Welsh seek voluntary liquidation