The Delhi HC Thursday restrained Anil Ambani from selling or transferring his assets, and allowed insolvency proceedings against his telecom companies to continue.
Lessons from the 2008 Global Financial Crisis can help us avoid policy mistakes during the Covid-19 pandemic, especially with respect to inflation & bad loans.
The petition claims suspension of section 10 of IBC will push the companies towards liquidation, discourage entrepreneurship and defeat the objectives of the Code.
Once a buyer establishes default before a bankruptcy court, the onus is on builders’ to prove that the buyer does not wish to take possession of their house, Supreme Court said.
The Supreme Court said only genuine homebuyers can invoke insolvency proceedings against builders and asked the Centre to file an affidavit taking the corrective measures.
It’s hard to build a house, run a business, or do anything without paying bribes. And yet, citizens’ anger about this open, unchecked corruption won’t erupt into Anna Hazare-type rallies.
As many as 21 policy reforms are under implementation following Invest Kerala Global Summit, as LDF govt works to change perception that the state is not conducive to businesses.
Amid continued concerns over cross-border terrorism, General Upendra Dwivedi further warned the neighbour that India will not show restraint if there is an Op Sindoor 2.0.
Pakistan’s army has been a rentier force available to a reasonable bidder. It has never come to the aid of any Muslims including Palestinians or the Gazans, except making noises here and there.
i bet anil ambani will not repay any loan.