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08 May 2016

Bankruptcy Code positive financial sector reform: Nomura

The insolvency and bankruptcy code is a very positive financial sector reform, especially for the the banking sector, as it will give creditors a legal path for recovering their dues in a time-bound manner, says a Nomura report.

16 Oct 2014

Govt extends company law settlement scheme till November 15

The government Thursday extended till November 15 a scheme that allows defaulting companies to make their statutory filings without attracting any prosecution.

13 Aug 2014

Govt launches company law settlement scheme

Launching an 'immunity' scheme for thousands of entities having defaulted on their statutory filings under the Companies Act, the government Wednesday said no penal action would be taken against those availing this offer for a period of two months.

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