There are thousands of people who are troubled by threats & harassment of loan recovery agents, a problem exacerbated by proliferation of instant loan apps that offer money at a click.
Report submitted to Delhi HC shows over 16,500 cases with claim value of about Rs 498 lakh cr are pending in 3 Debts Recovery Tribunals. HC asks finance ministry to consider report.
Indian businesses still trying to cope with a collapse in demand must now figure out how to pay back loans or face closure after moratorium ended 31 Aug.
The right measure to evaluate the IBC is not the yardstick of what happened under SICA or DRT laws, but what is happening now – a 270-day deadline for resolving cases.
LPG supply eased for more industries, govt says coal gasification is next growth avenue. Centre welcomes US-Iran ceasefire but asks Indians to leave Iran.
China patiently invested capital, skill and technology in coal gasification. Unlike it, we won’t move from words to action. As crude prices decline, we lose interest.
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