Page-4 of Topic: Insolvency and Bankruptcy Code

CBDT relaxes norms for MAT on firms facing insolvency

The Central Board of Direct Taxes (CBDT) has announced to relax norms around levy of minimum alternate tax (MAT) for insolvent companies from financial year 2017-18. The purpose...

January 8, 2018

Parliament passes Insolvency and Bankruptcy Code Amendment Bill, 2017

Parliament has passed Insolvency and Bankruptcy Code (Amendment) Bill, 2017 after it was passed by both the houses. The Bill amends Insolvency and Bankruptcy Code (IBC), 2016, and...

January 2, 2018

Cabinet approves promulgation of ordinance to amend Insolvency & Bankruptcy Code

Union Cabinet has proposal to promulgate an ordinance under Article 123 of Constitution to make certain amendments in the Insolvency and Bankruptcy Code (IBC). The ordinance is likely...

November 23, 2017

Ease of Business Ranking- 2018

India has jumped in the World Bank’s “Ease of Doing Business” index from 146 in 2014 to 100 in October, 2017. What is Ease of Doing Business Index?...

November 1, 2017

Financial Resolution and Deposit Insurance Bill, 2017

In October, 2017, the Financial Resolution and Deposit Insurance Bill 2017 has been referred to a Joint Parliamentary Committee of 30 members from both the Houses. This bill,...

October 16, 2017

The National Conference on “Insolvency and Bankruptcy: Changing Paradigm” was held in Mumbai

Arun Jaitley, the Union Minister of Finance, Defense and Corporate Affairs, was the Chief Guest at the National Conference on ” Insolvency and Bankruptcy: Changing Paradigm”, which was...

August 20, 2017