Paper 1 of CA Foundation Exam on 8 Dec postponed by five days; to be held on 13 Dec
It is notified for general information that, due to unavoidable circumstances, the CA Foundation Exam, Paper– 1, Principles and Practice...
News
NCLAT rejects employees’ plea for access to CoC meetings
The National Company Law Appellate Tribunal (NCLAT) has rejected an appeal by the employees of Corporate Debtor Sejal Glass Ltd...
UDIN for any kind of CA-certification has to be generated through ICAI website
In order to curb fake certifications by non-CAs misrepresenting themselves as chartered accountants, the Institute of Chartered Accountants of India...
NCLT reconstitutes benches for regular hearing from 1 December
The NCLT benches have been reconstituted to attend regular hearing through video conference with effect from 1 December 2020. The...
US bankruptcies decline over past two weeks, but companies still struggling
US bankruptcies continued to grow in the last two weeks during the coronavirus era but at a slower pace than...
Piramal Group’s letter to creditors of DHFL protesting Adani’s ‘unsolicited’ bid
The Adani Group’s submission of bid to acquire the entire business of beleaguered housing finance company -– Dewan Housing Finance...
England, Wales report 42% fewer company insolvencies in October
England and Wales saw 42% less company insolvencies in October 2020 compared to last year. There were 856 company insolvencies...
US bankruptcy filings decline 41% in October; Chapter 11 commercial filings rise 4%
Total US bankruptcy filings in October decreased 41 per cent from last year, according to data provided by Epiq Systems...
Liquidation process gets easier; quicker disposal of disputed assets, early exit option for creditors
In order to make the liquidation process faster, the insolvency regulator has made a couple of important amendments in the...
Amendments in IBC require each creditor to be informed the formula for payment of debt under resolution plan
In view of the growing number of litigations and disputes among creditors arising out of the distribution of realized amount...