New bill aims to fix key issues with IBC 2016, including delays & patchy implementation, and protect creditors, with window for genuine promoters to retain control of their companies.
Contrary to claims regarding implementation of theaterisation, ThePrint first reported on 17 June 2021 that it will be delayed. Now, ACM Singh bats for different structure.
Putin sees this as a victory. Europeans have decided to deal with Trump on his terms for the sake of the larger Western alliance. We look at the lessons for us in India.
what the writer fails to mention is that on this platform the sellers are forced to sell at an unreasonably low rate. for example – service providers who provide any type of manpower services such as security guards, peons, malis etc can only bid at one fixed rate of 1.18%! after factoring in income tax tds and the gst tds, the supplier is left with a negative cash flow. it is impossible to run a contract with this type of cashflows.
Thanks Divya for this article. It is purely informative as I had never heard about this scheme of the government. It is so refreshing to read a purely incremental report like this without the typical judgement imposed on behalf the ghostly ‘sources’ and ‘experts’. Wish ‘The Print’ and all newspapers have more such pieces where facts are explained first to the full – and then examined and evaluated by mundane, real, flesh-and-blood persons.
what the writer fails to mention is that on this platform the sellers are forced to sell at an unreasonably low rate. for example – service providers who provide any type of manpower services such as security guards, peons, malis etc can only bid at one fixed rate of 1.18%! after factoring in income tax tds and the gst tds, the supplier is left with a negative cash flow. it is impossible to run a contract with this type of cashflows.
This seems like a Government pamphlets.The stake holders have not been asked for their views. Check out with and find out the ground reality
Thanks Divya for this article. It is purely informative as I had never heard about this scheme of the government. It is so refreshing to read a purely incremental report like this without the typical judgement imposed on behalf the ghostly ‘sources’ and ‘experts’. Wish ‘The Print’ and all newspapers have more such pieces where facts are explained first to the full – and then examined and evaluated by mundane, real, flesh-and-blood persons.